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Regulators

US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC)…

December 15, 2023

U.S. SEC Rejects Coinbase’s Petition for New Crypto Assets Regulatory Framework

The U.S. Securities and Exchange Commission (SEC) is rejecting Coinbase’s petition to create a new regulatory framework for digital assets.…

December 15, 2023

US SEC ‘Taking New Look’ at Spot Bitcoin ETF Applications Based on Recent Court Rulings: Gary Gensler

U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC is taking a new look at spot Bitcoin (BTC)…

December 15, 2023

KuCoin Forced To Exit New York After Settling State Attorney General’s Lawsuit for $22,000,000

Crypto exchange KuCoin will cease operating in New York as part of an agreement to settle a lawsuit accusing the…

December 14, 2023

Deutsche Bank Subsidiary Forms Partnership With Galaxy Digital and Other Firms To Launch New Euro Stablecoin

The asset management arm of German financial services giant Deutsche Bank is collaborating with crypto firm Galaxy Digital and others…

December 13, 2023

Binance’s Changpeng Zhao Will Be Going to Jail, Says CFTC Chair Rostin Behnam

The Chair of the Commodities Futures Trading Commission (CFTC) says that former Binance CEO Changpeng Zhao will face prison in…

December 13, 2023

Elizabeth Warren Expands Support for Digital Asset Anti-Money Laundering Crypto ‘Crackdown’ Bill

US Senator Elizabeth Warren has expanded support for her bill that aims to crack down on the use of digital…

December 13, 2023

IRS Demanding $24,000,000,000 From FTX Would Take Money Away Collapse Victims, Lawyers Say: Report

FTX’s lawyers are pushing back against the U.S. Internal Revenue Service’s (IRS) efforts to claim billions of dollars in unpaid…

December 13, 2023

Do Kwon Must Stay Two More Months in Montenegro as Authorities Extend Custody Period: Report

Terra (LUNA) founder Do Kwon is staying in Montenegrin custody for at least two more months at the request of…

December 12, 2023

Google To Loosen Restrictions on Crypto Ads, Will Allow Promotion of ‘Cryptocurrency Coin Trusts’

Google has announced it's updating its policy on allowing advertisements related to cryptocurrencies worldwide. According to a new update from…

December 11, 2023