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Regulation
UK Law Commission sets roadmap to identifying legal status of DAOs
The UK Law Commission has released a scoping paper addressing the potential legal characterization of Decentralized Autonomous Organizations (DAOs) in…
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Regulation
SEC reportedly accepts SAB 121 exceptions to crypto accounting rules for banks and brokerages
The US Securities and Exchange Commission (SEC) has reportedly accepted a proposal with exceptions for certain institutions affected by the…
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Regulation
SEC Drops Investigation Into Paxos, Decides BUSD Stablecoin Not a Security: Report
The U.S. Securities and Exchange Commission (SEC) is abandoning its probe into the stablecoin-issuer Paxos, according to multiple reports. Per…
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Regulation
House fails to counter Biden veto and rescind SAB 121 in latest vote
The US House of Representatives obtained insufficient votes to overrule President Joe Biden’s earlier veto and rescind SEC Staff Accounting…
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Regulation
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…
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Regulation
SEC ends probe into Paxos, no actions on BUSD stablecoin
The US Securities and Exchange Commission (SEC) has ended its investigation into stablecoin issuer Paxos. On July 11, Paxos announced…
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Regulation
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…
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XRP
Ripple CEO Criticizes US SEC Chairman Amid Efforts To Integrate Crypto And White House Policies
Amidst ongoing broader efforts to align the cryptocurrency space with the White House policies, Ripple Chief Executive Officer (CEO) Brad…
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Regulation
CFTC ‘happy’ to become primary regulator for digital assets, reducing SEC role – Chair Behnam
CFTC chair Rostin Behnam said the agency is open to serving as a primary regulator for crypto during a Senate…
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Regulation
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…
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