On September 18, 2023, the New York Department of Financial Services (DFS) announced an update to its virtual currency oversight…
Category: Regulations
Ripple’s Legal Battle With SEC Continues as SEC Appeals Court Ruling
The Securities and Exchange Commission (SEC) has filed a response to a memo from Ripple arguing against the SEC’s appeal…
Former FTX Executive Ryan Salame Pleads Guilty and Forfeits $1.5B in Political Donation Scandal
In a shocking twist, former FTX executive Ryan Salame has entered a guilty plea, admitting his role in a complex…
Cryptocurrency Chaos: SEC’s Inconsistent Regulation Sparks Fury, Ripple’s Chris Larsen Urges Congress to Intervene
The U.S. Securities and Exchange Commission (SEC) has been under fire for its inconsistent stance on cryptocurrencies. In recent weeks,…
Former SEC Chairman Says Spot Bitcoin ETF Approval Is ‘Inevitable’
Former Securities and Exchange Commission (SEC) chairman Jay Clayton has expressed his belief that the approval of a spot Bitcoin…
Mastercard and Visa Cut Ties With Binance as Crypto Exchange Battles Regulatory Headwinds
Visa and Mastercard have announced that they will end their crypto card partnership with Binance, the world’s largest cryptocurrency exchange.…
US DOJ Charges Tornado Cash Devs with Money Laundering and Sanctions Violations
The developers of Tornado Cash, a cryptocurrency mixer, have been charged with money laundering and sanctions violations. The US Department…
MoonPay and Binance.US Forge Path for Dollar-Crypto Conversions Amidst Regulatory Waves
Payment startup MoonPay has partnered with Binance.US to allow customers to convert dollars into crypto after the exchange suspended U.S.…
Coinbase Gets the Green Light to List Crypto Futures Contracts in the U.S.
After nearly two years of waiting, cryptocurrency exchange Coinbase (COIN) has finally received approval from the Commodity Futures Trading Commission…
Binance Seeks Court Protection from SEC’s Overbroad Requests
The world’s largest cryptocurrency exchange, Binance, has stepped into the legal arena, seeking a protective order against the Securities and…
