Ripple and the SEC Move Closer to a Settlement to End Their Long-Running Legal Dispute
TL;DR Ripple and the SEC are seeking to close their legal dispute with a settlement that includes a final $50 million fine and the return...
Tag : Regulation
Crypto Regulations Split Congress Over the Clarity Act and Trump’s Business Dealings
TL;DR The House debated the Clarity Act as Democrats denounced potential conflicts of interest involving Donald Trump’s crypto business dealings. Republicans defended the bill as...
The FCA Prepares to Authorize Cryptocurrency cETNs for Retail Investors in the UK
TL;DR The FCA plans to authorize UK retail investors to trade crypto cETNs on regulated exchanges, lifting a restriction in place since 2021. The move...
Michigan Drives New Laws to Regulate Cryptocurrency Use and Promote Investments
TL;DR Michigan will allow state pension funds to invest in cryptocurrencies through regulated ETFs that meet specific requirements. Mining operations can use energy from abandoned...
Arizona Governor Hobbs Blocks Two Crypto Bills, Citing ‘Too Much Risk’
TL;DR Vetoed Crypto Bills: Governor Hobbs blocked two bills, one for a crypto reserve fund and another allowing crypto payments for fines, citing excessive risk...
Coinbase Was Sued in Oregon for Selling Unregistered Cryptocurrencies
TL;DR Oregon Attorney General Dan Rayfield sued Coinbase for promoting and selling unregistered cryptocurrencies. The lawsuit states that Coinbase favored practices like “pump-and-dump” schemes, affecting...
Kraken Delivers Data to the FBI and SEC
TL;DR In 2024, Kraken received 6,826 information requests from government agencies and regulators, a 39% increase compared to the previous year. The FBI was the...
Missouri Takes a Bold Step Forward with a State Bitcoin Fund
TL;DR Missouri is on track to become one of the first U.S. states to adopt Bitcoin as part of its official financial strategy. Representative Ben...
SEC’s Overreach: Immutable Faces Wells Notice Amidst Regulatory Chaos
TL;DR Immutable, a blockchain gaming platform, received a Wells Notice from the SEC, alleging its IMX token listing might constitute securities violations, sparking controversy and...
Crucial Vote in the U.S. on Crypto Regulation
TL;DR The U.S. House of Representatives will vote on the SAB 121 bill between July 9 and 10, 2024, crucial for crypto regulation. SAB 121...