Regulators

ripple-ceo-brad-garlinghouse-says-xrp-etf-‘makes-sense,’-predicts-inevitable-wave-of-new-crypto-investment-products
Posted by | February 21, 2024
Ripple CEO Brad Garlinghouse Says XRP ETF ‘Makes Sense,’ Predicts Inevitable Wave of New Crypto Investment Products

The chief executive of payments platform Ripple says that it would “make sense” if exchange-traded funds (ETF) centered around XRP and other digital assets were created. In a new interview...

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uk-pushing-to-regulate-stablecoins-and-crypto-staking-within-six-months,-says-treasury-minister:-report
Posted by | February 21, 2024
UK Pushing To Regulate Stablecoins and Crypto Staking Within Six Months, Says Treasury Minister: Report

Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline, according to a Bloomberg report. The report quotes the Economic...

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us-government-sanctions-two-russian-nationals’-crypto-wallets-related-to-ransomeware-group-lockbit
Posted by | February 21, 2024
US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit

The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group LockBit. In a statement, the Treasury Department’s Office of Foreign...

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do-kwon-will-be-extradited-to-united-states-following-montenegro-court-ruling:-report
Posted by | February 21, 2024
Do Kwon Will Be Extradited to United States Following Montenegro Court Ruling: Report

Do Kwon, former crypto billionaire and founder of the Terra (LUNA) ecosystem, will be sent to the United States to face fraud charges. In 2022, Terra’s UST stablecoin and its...

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investment-funds-will-be-allowed-to-hold-crypto-under-new-legislation-in-japan:-report
Posted by | February 21, 2024
Investment Funds Will Be Allowed To Hold Crypto Under New Legislation in Japan: Report

If newly proposed legislation passes, Japan will start allowing investment funds to hold digital assets. According to a new Bloomberg report, Japanese Prime Minister Fumio Kishida’s administration is proposing revised...

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government-prosecutors-urge-judge-to-accept-plea-deal-for-crypto-exchange-binance:-report
Posted by | February 20, 2024
Government Prosecutors Urge Judge To Accept Plea Deal for Crypto Exchange Binance: Report

US government prosecutors are reportedly urging a federal judge to accept crypto exchange Binance’s plea deal. In November 2023, the top global crypto exchange was hit with a $4.3 billion...

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central-bank-of-hong-kong-releases-guidance-on-digital-asset-custody-for-institutions
Posted by | February 20, 2024
Central Bank of Hong Kong Releases Guidance on Digital Asset Custody for Institutions

Hong Kong’s central bank is releasing new guidelines for institutions interested in offering crypto custodianship services. The Hong Kong Monetary Authority (HKMA) published new guidelines this morning for financial institutions...

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terrorism-and-financial-intelligence-official-debunks-elizabeth-warren’s-anti-crypto-narrative:-report
Posted by | February 19, 2024
Terrorism and Financial Intelligence Official Debunks Elizabeth Warren’s Anti-Crypto Narrative: Report

The theories of high-profile crypto critic Elizabeth Warren on the threats of digital assets were reportedly debunked by a government insider during a House Financial Services Committee oversight hearing. FOX...

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ftx-creditors-hit-crypto-exchange’s-legal-counsel-with-lawsuit-over-fraud-and-civil-conspiracy-allegations
Posted by | February 19, 2024
FTX Creditors Hit Crypto Exchange’s Legal Counsel With Lawsuit Over Fraud and Civil Conspiracy Allegations

Creditors of bankrupt crypto exchange FTX have filed a class-action lawsuit against a global law firm providing legal counsel to the former digital asset empire. In a new court filing...

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stablecoin-wars:-circle-executive-tells-congress-that-us.-treasury-department-should-probe-rival-company-tether
Posted by | February 17, 2024
Stablecoin Wars: Circle Executive Tells Congress That U.S. Treasury Department Should Probe Rival Company Tether

A Circle executive told Congress this week that she hopes the U.S. Treasury Department considers taking action against Tether. Caroline Hill, senior director of global policy and regulatory strategy at...

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