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Regulators

Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB

The Consumer Financial Protection Bureau (CFPB) is penalizing a US bank for predatory loan practices and illegal repossession of people's…

July 14, 2024

Two US Lawmakers Move Resolution Demanding Immediate Release of Binance Executive Held in Nigeria

Two US lawmakers are moving a resolution that demands Nigerian authorities release an imprisoned high-ranking Binance executive. Republicans French Hill…

July 13, 2024

German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC

The government of Germany is continuing its Bitcoin (BTC) sell-off, bringing its total number of tokens down below 4,000. According…

July 12, 2024

SEC Terminates Investigation Into Bitcoin (BTC) Layer-2 Stacks Developer Hiro

The U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the firm behind the popular Bitcoin (BTC) layer-2…

July 12, 2024

Federal Crypto Legislation Needed To Protect Investors and US Financial System From Future Risk, Says CFTC Chair

The chairman of the Commodity Futures Trading Commission (CFTC) says the US needs a regulatory framework to protect the public…

July 12, 2024

Crypto Trading Platform BitMEX Pleads Guilty To Bank Secrecy Act Violations

Crypto exchange platform BitMEX is pleading guilty to violations of the Bank Secrecy Act, according to the Department of Justice…

July 11, 2024

SEC Drops Investigation Into Paxos, Decides BUSD Stablecoin Not Security: Report

The U.S. Securities and Exchange Commission (SEC) is abandoning its probe into the stablecoin-issuer Paxos, according to multiple reports. Per…

July 11, 2024

Founder of Peer-to-Peer Crypto Exchange Paxful Pleads Guilty Over Anti-Money Laundering Program Failures: DOJ

The co-founder and former director of peer-to-peer cryptocurrency marketplace Paxful has pleaded guilty to charges related to the platform’s failure…

July 11, 2024

Donald Trump’s Pro-Crypto Stance Helping With Potential 2024 Election Victory: Poll

A new poll indicates that Donald Trump's pro-crypto stances are helping him win over Republican voters for the 2024 Presidential…

July 10, 2024

Circle’s USDC Leading Demand for Regulated Stablecoins, According to Analytics Firm Kaiko

USDC, Boston-based payments firm Circle's flagship product, is currently seeing the most demand out of all regulated stablecoins, says crypto…

July 9, 2024