Government policy, laws and regulation shaping digital assets and the future of money.
The Blockchain Association and the Crypto Freedom Alliance (CFAT) of Texas, two well-known organizations in the cryptocurrency space, have sued the US Securities and Exchange Commission (SEC) to challenge a recently enacted rule that broadens the definition of a “dealer” in securities. The SEC allegedly went beyond its jurisdiction and adopted an arbitrary and capricious … Read more
A class action complaint against Binance, alleging the cryptocurrency exchange is selling unregistered crypto derivative products and breaking securities legislation, has been approved by Ontario’s higher court. Christopher Lochan and Jeremy Leeder filed the case, alleging that Binance offered goods derived from cryptocurrency to thousands of retail traders without complying with legal requirements to register … Read more
The San Francisco-headquartered business Ripple has submitted its protest to the U.S. The remedy motion made by the Securities and Exchange Commission. In the Ripple case, the SEC asked for disgorgement of earnings, civil fines, and injunctive relief last month. The troubled business, which gained notoriety for its connection to the cryptocurrency XRP, may have … Read more
According to Reuters, PDVSA is attempting to increase the amount of USDT it uses as a hedge against having its foreign bank accounts seized. The biggest stablecoin based on the US dollar is called Tether. According to Reuters, PDVSA obfuscates the on-chain trace by exchanging cryptocurrency through middlemen. As a means of avoiding the dollar, … Read more
The bail request of Tigran Gambaryan, the CEO of Binance who is now being jailed at the Kuje detention center, was delayed by a Nigerian court. The commissioner for the economy and financial crimes filed an application with Justice Emeka Nwite, the head of the Federal High Court in Abuja, requesting an extension of time … Read more
In the face of increased regulatory scrutiny, Tether, the company behind the stablecoin USDT, said that it had diversified into four new business areas. In order to extend the company’s reach beyond its stablecoin roots and provide a broader range of services, the expansion introduces four initiatives, which are broken down into the data, finance, … Read more
There are now two measures in the Arkansas State House that might limit bitcoin mining in the state. These bills establish the framework for future debates that may result in legislation, even though they have not yet developed into complete laws. Legislators attempted to address a number of broad issues, including foreign ownership, noise reduction, … Read more
While other cryptocurrencies are making a shaky comeback, Bitcoin [BTC] has taken a beating, falling from $64,000 to $62,000 in just seven hours. Investors were uneasy as Ripple [XRP] displayed a sequence of drops on its weekly chart, continuing a similar trend of activity. The current legal dispute between Ripple and the Securities and Exchange … Read more
Binance secured a full VASP license from Dubai’s VARA for its Binance FZE subsidiary. What the license changed and where the VARA regime stands in 2026 at 51 licences.
Charles Hoskinson, the CEO and co-founder of IOG, went into great detail regarding the implications and reality of regulating cryptocurrencies in a video update on April 16. Hoskinson expressed his worries and points of view while broadcasting from Colorado, focusing in particular on how American regulatory policies affect the Bitcoin sector. Hoskinson kicked up his … Read more