Regulation
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Federal Reserve Ends Enforcement Action Against Crypto-Friendly Bank Silvergate After Levying $43,000,000 Fine
The Federal Reserve is ending its enforcement action against defunct crypto-friendly bank Silvergate after hitting the firm with a multimillion-dollar…
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UK Financial Regulator Slaps Coinbase Subsidiary With $4,500,000 Fine for Onboarding High-Risk Customers
UK’s Financial Conduct Authority (FCA) says it imposed a fine of £3,503,546 or about $4.5 million on CB Payments Limited…
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UK regulators fine Coinbase $4.5 million, grant Revolut banking license
Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the past week.…
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Andreessen, Horowitz criticize Biden’s crypto regulations, reveal why they backed Trump
Andreessen Horowitz (a16z) founders Ben Horowitz and Marc Andreessen recently discussed the various challenges the crypto industry has faced under…
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Circle Developers Build Wallet Platform That Supports Email and Social-Based Logins
The team behind the second-largest stablecoin by market cap is building a crypto wallet platform that supports email and social…
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Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade
The Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of crypto for international trade. The…
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U.S. House of Representatives Passes Financial Services Legislation Aiming To Combat Illicit Finance
The U.S. House of Representatives recently passed bipartisan legislation that would prop up a working group designed to probe the…
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Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme”…
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Mark Cuban Says Kamala Harris Likely To Be ‘Far More Open’ to Crypto and AI if Elected President: Report
Billionaire Mark Cuban reportedly believes Kamala Harris would take a more welcoming approach to business, cryptocurrency and artificial intelligence (AI)…
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US House passes act to add crypto industry to team combatting terrorism financing
The United States House of Representatives has unanimously passed the Financial Technology Protection Act, which aims to curb the use…
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