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Regulation
Abra settles with US states, will repay $82 million to affected customers
The collective entities known as “Abra” and CEO William “Bill” Barhydt have reached a settlement with 25 US state regulators…
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Regulation
Gary Gensler Provides Ethereum ETF Update While Slamming ‘Highly Centralized’ Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the approval process for spot market Ethereum (ETH) exchange-traded…
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XRP
Ripple CEO fires shots at Gary Gensler
Ripple CEO Brad Garlinghouse recently took aim at US Securities and Exchange Chair Gary Gensler over the latter’s comment about…
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Regulation
SEC chair Gensler criticizes crypto sector for non-compliance and ‘high centralization’
SEC chair Gary Gensler reaffirmed previous criticisms of the crypto industry, stating that the sector is highly centralized with “significant…
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Regulation
Congressman introduces bill to enable federal tax payments in Bitcoin
Congressman Matt Gaetz (R-Fla.) introduced legislation on June 25 that would require the IRS to begin accepting federal tax payments…
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XRP
Ripple VP Breaks Silence Over XRP Ledger’s Korean Growth
The XRP Ledger (XRPL) is experiencing a significant surge in momentum in Korea, a development that has caught the market’s…
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Regulation
Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto
Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June…
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Regulation
Coinbase could face regulatory challenges over alleged ‘tailored accounting metrics’ under new FASB rules
Coinbase could face regulatory challenges over its compliance with new FASB accounting rules that shift the accounting and disclosure for…
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Metaverse
BBC Backs Startup Condense for Live Music in the Metaverse
The BBC has stepped into the metaverse with a £500,000 investment in Bristol-based 3D video streaming platform Condense. This will…
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Regulation
Jump Crypto President Resigns Amid CFTC Investigation
Kanav Kariya, the President of Jump Crypto, announced his resignation four days after reports surfaced that the Commodity Futures Trading…
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