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Regulators

Super PAC Fairshake Spends $2,000,000 on New Ad Criticizing Democrat Jamaal Bowman

The Fairshake super political action committee (PAC) has spent $2 million on an attack ad against Jamaal Bowman that has…

June 18, 2024

SEC Rejects Ripple’s $10,000,000 Settlement Proposal, Says the Figure Would Not Satisfy Civil Penalty Statutes

The U.S. Securities and Exchange Commission (SEC) has clapped back against Ripple's latest bid to reduce the severity of its…

June 18, 2024

94% of Central Banks Are Exploring CBDCs, According to New Bank for International Settlements Survey

A new survey from the Bank for International Settlements (BIS) suggests that most central banks are now exploring the possibility…

June 15, 2024

New York Attorney General Reaches $50,000,000 Settlement With Crypto Exchange Gemini Over Fraud Allegations

New York Attorney General Letitia James is settling with crypto exchange Gemini over fraud allegations for $50 million. In a…

June 15, 2024

Ripple Cites New Terraform Labs Settlement in Bid To Convince the Court To Lower the SEC’s Civil Penalty

Ripple is pointing to the recent Terraform Labs settlement in a bid to reduce their own penalty from the U.S.…

June 15, 2024

JPMorgan Chase Accused of Leaking Customers’ Personal Information and Social Security Numbers in Secret Facebook Transmissions: Class-Action Lawsuit

A new proposed class-action lawsuit accuses JPMorgan Chase of illegally sending sensitive personal information on its own customers directly to…

June 15, 2024

Europe’s Eighth-Largest Economy Proposes New Tax on Crypto Transactions: Report

The eighth-largest economy in continental Europe is reportedly proposing a new tax on crypto transactions. According to a new report…

June 14, 2024

Spot Ethereum (ETH) ETFs Should Be Fully Approved by the End of the Summer, Says SEC Chair Gary Gensler

The Chairman of the U.S. Securities and Exchange Commission (SEC) says that Ethereum (ETH)-based exchange-traded products (ETFs) should be approved…

June 13, 2024

SEC Settles With Former Stablecoin Juggernaut Terraform Labs for $4,470,000,000: Report

A new report says that the U.S. Securities and Exchange Commission (SEC) has reached a multi-billion dollar settlement with the…

June 13, 2024

Euro-Pegged Stablecoin Volumes Grow As New Regulation Acts As Potential Boon for Sector: Kaiko

Euro-pegged stablecoin use is increasing amid new European crypto regulations that phase in over time, according to digital asset analytics…

June 12, 2024