Regulation
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SEC ends years-long probe into Stacks without recommending further enforcement
The SEC has closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action, according to…
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Federal Crypto Legislation Needed To Protect Investors and US Financial System From Future Risk, Says CFTC Chair
The chairman of the Commodity Futures Trading Commission (CFTC) says the US needs a regulatory framework to protect the public…
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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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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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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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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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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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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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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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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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