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Regulators

Bank for International Settlements Says DeFi To Act As Starting Point for CBDC Security Systems

The Bank for International Settlements (BIS) says that decentralized finance (DeFi) could help write the blueprints for the security of…

July 10, 2023

SEC Says Coinbase Was Well Aware It May Have Been Violating Securities Laws: Court Docs

New court documents reveal that the U.S. Securities and Exchange Commission (SEC) believes Coinbase was aware that it was potentially…

July 9, 2023

IMF Says Tax Systems Need To Be Updated for Crypto Assets, Decentralized Exchanges Part of the Problem

The International Monetary Fund (IMF) says that global tax systems should be modernized to accommodate crypto assets. In a new…

July 9, 2023

Binance Lays Off Dozens of Employees With Plans To Trim US Workforce Amid Regulatory Pressure: Report

The world’s largest crypto exchange by trading volume is reportedly downsizing amid mounting pressure from federal investigations.  The Wall Street…

July 9, 2023

Alex Mashinsky Violated the Law Prior to Collapse of Celsius, According to Regulators: Report

An investigation by the Commodity Futures Trading Commission (CFTC) reportedly concluded that bankrupt crypto lender Celsius Network and its former…

July 7, 2023

$1,000,000,000 Asset Manager Names Coinbase As Surveillance-Sharing Partner in Updated Spot Bitcoin ETF Filing

An investment manager with $1 billion in assets under management (AUM) is naming Coinbase as its surveillance-sharing partner in an…

July 7, 2023

Binance CEO Responds to Executive Departures Reports, Says Reasons ‘Dreamed Up’ for Staff Exits Are Wrong

The chief executive of the world’s largest crypto exchange by volume is responding to reports centered around top executives of…

July 7, 2023

Former SEC Official Says CBDCs Will Open Pandora’s Box of Privacy Concerns, Supports Ted Cruz’s Proposed Ban

A former official of the U.S. Securities and Exchange Commission (SEC) says the establishment of a central bank digital currency…

July 6, 2023

Revolut Drops Solana (SOL), Cardano (ADA) and Polygon (MATIC) Amid Regulatory Crackdown: Report

Financial app Revolut is no longer allowing US customers to trade Solana (SOL), Cardano (ADA) and Polygon (MATIC). According to…

July 5, 2023

Saxo Bank Ordered To Get Rid of All Crypto Asset Holdings by Danish Regulators

Danish authorities are ordering an $11 billion investment bank to get rid of its digital asset holdings after deeming the…

July 5, 2023