US House committee releases new stablecoin bill draft
US House Committee Releases New Stablecoin Bill Draft The US House Financial Services Committee has released a new draft bill that seeks to provide a legal framework for the issuance…
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank’s legal struggle against the Federal Reserve took a step forward when a Wyoming federal judge rejected the dismissal motions from the Fed and the Federal Reserve Bank of…
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
A U.S. District Judge has issued a default judgment ruling that necessitates Decentralized Organization Ooki DAO to cease operations permanently and pay a civil monetary penalty of $643,542. In September…