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Regulators

Binance Processed $90,000,000,000 Worth of Trading Volume in China in May, Despite Country’s Crypto Ban: Report

China reportedly remains a lucrative market for the crypto exchange Binance even though the country made trading digital assets illegal…

August 3, 2023

FTX CEO Says Embattled Exchange Ready for Bankruptcy Plan That Will Extinguish FTT Token Claims

The bankrupt crypto exchange FTX has submitted a draft reorganization plan to the courts to pay back creditors. The draft…

August 2, 2023

IRS Says Staking Rewards Can Now Be Taxed As Income Once Tokens Are Received

The Internal Revenue Service (IRS) says that US crypto traders staking rewards will now have to treat those earnings as…

August 2, 2023

Ripple Calls Out SEC for Missing FTX Debacle, Says Regulator Repeatedly Hurting Retail Investors

Ripple Labs is addressing the U.S. Securities and Exchange Commission (SEC) and calling out the regulatory agency for what the…

August 2, 2023

Judge Allows Terraform Labs To Subpoena FTX Entities in Regards to Failure of UST

The judge in the FTX bankruptcy proceedings is permitting Terraform Labs to subpoena relevant information from the exchange in its…

August 1, 2023

Coinbase Ordered by SEC To Halt Trading on All Crypto Assets Except Bitcoin, Prior to Being Sued: Report

Coinbase was reportedly ordered by the U.S. Securities and Exchange Commission (SEC) to stop all non-Bitcoin (BTC) trading before the…

July 31, 2023

Sam Bankman-Fried Needs Jail Time After Tampering With Witnesses and Impeding Investigations: DOJ

The Department of Justice (DOJ) says it is unsatisfied with FTX founder Sam Bankman-Fried's current bail terms after the disgraced…

July 30, 2023

SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is once again sounding the alarm on crypto exchanges, saying that…

July 30, 2023

Coinbase Executive Issues Warning, Says Macro Factors Threatening Crypto Markets – Here’s His Outlook

An executive at the top US crypto exchange Coinbase is issuing a warning, saying that macroeconomic factors are creating headwinds…

July 30, 2023

SEC Warns Accountants Not To Partake in Mislabeled ‘Audits’ for Crypto Exchanges

The U.S. Securities and Exchange Commission (SEC) issued a warning to accountants this week, cautioning them to avoid partaking in…

July 29, 2023