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Regulators

JPMorgan Chase, Goldman Sachs, UBS and Morgan Stanley Agree To Pay $499,000,000 Over Anti-Competitive Accusations

Four banking giants are preparing to pay nearly half a billion dollars to settle a class action lawsuit brought against…

September 10, 2023

CFTC Commissioner Dissents Against Regulator’s Anti-DeFi Agenda After Trio of Enforcement Actions

A commissioner with the Commodity Futures Trading Commission (CFTC) disagrees with the agency's decision to file enforcement action against three…

September 10, 2023

Ripple’s Top Lawyer Calls SEC’s Latest Argument for Appeal in Landmark XRP Ruling ‘Hypocritical Pivot’

Ripple Labs’ chief legal counsel says that the U.S. Securities and Exchange Commission (SEC) is being hypocritical by arguing for…

September 10, 2023

Coinbase CEO Says Lack of Clear Crypto Rules Has Caused ‘Terrible Things,’ Calls for Regulatory Clarity in US

The chief executive of top US-based crypto exchange Coinbase says that the lack of clear crypto guidelines in the US…

September 9, 2023

US Regulator Slaps Trading Firm With $1,700,000,000+ Penalty for Defrauding Thousands of Victims, Taking 29,420 Bitcoin

The Commodities Trading Futures Commission (CFTC) is hitting a South African Bitcoin (BTC) trading and networking firm with a ban…

September 9, 2023

U.S. Treasury and IRS Propose New Rules That Broaden Client Information Crypto Businesses Are Required To File

The U.S. Treasury Department and Internal Revenue Service just published a proposal that would set new guidelines on what crypto…

September 8, 2023

Court Hands 11,196-Year Prison Sentence to CEO of Exchange That Collapsed With $2,000,000,000+ in Crypto: Report

The chief executive of a collapsed crypto exchange has reportedly been handed a staggering prison sentence of over 11,000 years.…

September 8, 2023

New US Accounting Rules for Digital Asset Firms and Companies Holding Bitcoin and Crypto Assets Announced: Report

The Financial Accounting Standards Board (FASB), the organization that sets accounting standards in the US, is reportedly green-lighting new rules…

September 8, 2023

Ripple Co-Founder Blasts ‘Unelected, Power-Hungry and Misplaced’ SEC Bureaucrats, Says Clear Crypto Rules Needed

Ripple co-founder Chris Larsen is weighing in on how the U.S. Securities and Exchange Commission (SEC) is handling the crypto…

September 8, 2023

Ethereum Creator Vitalik Buterin Co-Authors Paper Detailing Method for Weeding Out ‘Dishonest’ Crypto Users

The co-creator of Ethereum (ETH) is detailing a mechanism by which dishonest crypto users can be rooted out of crypto…

September 8, 2023