Binance may have lied to US lawmakers, argue senators: Report
In a letter sent in March, Binance may have deceived legislators in the United States regarding its business activities and association with its subsidiary in the country, according to a…
Circle hires former CFTC, US Treasury executive as chief legal officer
Circle, the stablecoin issuer, has prepared itself to combat the current regulatory pressures on crypto. By July 1, Heath Tarbert, a highly qualified lawyer with experience in all three branches…
SEC’s crypto actions surged 183% in 6 months after FTX collapse
SEC Crypto Lawsuit The Securities and Exchange Commission (SEC) has been actively enforcing its laws against crypto companies that violate securities laws. In the wake of the FTX collapse, the…
Binance may have lied to US lawmakers, argue senators: Report
Binance May Have Lied To US Lawmakers A recent report from US senators suggests that Binance, a major cryptocurrency exchange, may have lied to US lawmakers. The senators allege that…
Gary Gensler: Crypto market is like 1920s stock market, full of ‘fraudsters’
In a speech given on June 8 at the Piper Sandler Global Exchange & Fintech Conference, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, likened…
Moody’s downgrades Coinbase, citing ‘uncertain magnitude’ of SEC charges
Moody’s, a credit ratings agency, has revised its rating of Coinbase from “stable” to “negative” in response to the SEC’s legal action against the crypto exchange for allegedly operating without…
Circle hires former CFTC, US Treasury executive as chief legal officer
Circle Taps Former CFTC Executive Circle, a cryptocurrency financial services company, has appointed a former executive from the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department as…
Gary Gensler: Crypto market is like 1920s stock market, full of ‘fraudsters’
Introduction Gary Gensler is the new chairman of the US Securities and Exchange Commission (SEC). He recently made headlines with his views on the current state of the crypto market,…
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
Paradigm, a venture capital firm specializing in cryptocurrency, has strongly criticized the United States Securities and Exchange Commission’s effort to redefine the term “exchange”, which would bring decentralized exchanges under…
US senators propose AI bills for transparency and innovation
Lawmakers in the U.S. have put forward two bipartisan bills that aim to tackle issues related to transparency and the advancement of Artificial Intelligence (AI). On June 8, Senators Gary…