House GOP Pressures SEC To Clarify Ethereum’s Security Designation For Prometheum’s Custody
In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission...
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies....
Crypto Depositors In This Country Will Have To Be Compensated With Interest By 2024
To bolster investor protection and promote transparency, South Korea’s Financial Services Commission (FSC) has issued a notice requiring crypto investors to receive interest on their deposits when utilizing exchanges.
The...
Crypto Industry In The US Sets Sights On Record Lobbying Expenditure In 2023
According to a Reuters report, the cryptocurrency industry has witnessed a surge in lobbying spending as companies strive to repair their reputations and advocate for favorable legislation.
Despite facing regulatory...
Senator Warren’s Crypto And Bitcoin Crackdown Bill Gains Support From More Co-Sponsors
In a move that has ignited fierce debate in the crypto community, Senator Elizabeth Warren, known for her firm stance against cryptocurrencies and Bitcoin (BTC), has introduced the Digital...
Crypto Assets Triumph As Commodities, But Face Regulatory “Turf War,” Says US CFTC Chair
In the ongoing clash between regulatory bodies over the classification and regulation of the crypto industry, CFTC Chair Rostin Behnam has added fuel to the fire by stating that...
Crypto Custody Triumph: Commerzbank Sets Precedent As First Major German Bank To Obtain License
Commerzbank AG, one of Germany’s leading full-service banks, has obtained a crypto asset custody license, marking a significant milestone in the country’s financial landscape.
This regulatory approval positions Commerzbank as...
Binance And CZ Grapple With Massive $2.7 Billion Fines In CFTC Court Verdict
Amid the legal proceedings Binance and its former CEO faced, a US court has issued an order imposing significant fines on the cryptocurrency exchange and Changpeng Zhao (CZ) for...
US Fugitive Involved In Crypto Scheme To Aid North Korea Arrested In Spain, Faces...
Spanish authorities have detained Alejandro Cao de Benos, a Spanish aristocrat, over allegations that he ran a crypto scheme and recruited Ethereum (ETH) researcher Virgil Griffith to help North...
Release Imminent For Three Arrows Capital Co-Founder Following Liquidation Arrest
In a recent development, co-founder of Three Arrows Capital (3AC), Su Zhu, faced questioning in a Singapore court regarding the collapse of the crypto fund. This marks a crucial...
