In an action originated by the US Attorney’s Office for the Southern District of New York, Seychelles-based crypto platform Peken Global Limited (known as KuCoin) pled guilty to operating an unlicensed money... Read more »
The SEC issued Staff Accounting Bulletin 122 (SAB 122), rescinding Staff Accounting Bulletin 121 (SAB 121), under which the SEC had recommended that an obligation to safeguard crypto assets held for platform... Read more »
The SEC announced the launch by SEC Acting Chairman Mark T. Uyeda of a crypto task force dedicated to developing a “comprehensive and clear regulatory framework for crypto assets.” In the US.... Read more »
The US Court of Appeals for the Fifth Circuit reversed and remanded the ruling of the US District Court for the Western District of Texas, in Van Loon v. Dept. of the... Read more »
The 2024 election is widely projected to have a major impact on crypto and digital asset regulation in the US. This Update explores the implications. Source link Read more »
Congressman John Rose of Tennessee introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Digital Assets Act) which proposes forming a joint advisory committee (JAC) between... Read more »
On February 7, a Florida-based cryptocurrency company agreed to settle charges brought by the SEC and the California Department of Financial Protection and Innovation alleging that, an interest-earning feature offered on the... Read more »
In another criminal cryptocurrency fraud case, SafeMoon CEO Braden John Karony has been arrested in Provo, Utah in a federal fraud case. SafeMoon founder Kyle Nagy and CFO Thomas Smith have also... Read more »
The New York attorney general filed a lawsuit Thursday accusing three major cryptocurrency players of lying to investors and concealing losses in a $1 billion fraud scheme, Ephrat Livni reports for the... Read more »
Photographer: Yuki Iwamura/Bloomberg via Getty Images It’s hard to imagine cryptocurrency’s reputation sinking much further. Every day seems to bring a new reputational low. In much-anticipated news, the trial of Sam Bankman-Fried,... Read more »