Regulation
-
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint
In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group…
Read More » -
US Regulator Slaps $512,500 Fine on Goldman Sachs, Says Bank Failed to Identify Potential Market Manipulation
One of the largest investment banks in the world will pay over half a million dollars for failing to adequately…
Read More » -
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on…
Read More » -
Janet Yellen continues to call for legislation to beef up crypto, AI regulation
Treasury Secretary Janet Yellen called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying…
Read More » -
US Treasury report finds crypto use in illicit financial activity remains small but growing fraction of total flows
The U.S. Treasury Department said on Feb. 8 that its latest risk assessments show that virtual assets currently represent a…
Read More » -
Republican senators slam Gensler’s SEC over mishandling DEBT Box case
Several Republican senators have criticized the SEC’s recent mishandling of the DEBT Box case as “unethical” and raised questions about…
Read More » -
US-Based Crypto Exchange Cracks Into Europe’s Fifth-Largest Economy With VASP Registration
A prominent US-based crypto exchange platform is venturing into Europe’s fifth-largest economy after acquiring the proper registration. In a new…
Read More » -
Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing
Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating despite expressing…
Read More » -
Montenegro’s Appellate Court Revokes Terra (LUNA) Founder Do Kwon’s Extradition to the US, Orders a Retrial
An appellate court in Montenegro is revoking the extradition of disgraced Terra (LUNA) founder Do Kwon to the US and…
Read More » -
BIS raises concerns over future of metaverses, advocates for strong public policy framework
The Bank for International Settlements (BIS) has issued a stark warning about the potential for fragmentation and the risk of…
Read More »