Posted by | May 26, 2022
SEC Commissioner Hester Peirce Says Crypto Regulations Likely To Happen ‘Faster’ After TerraUSD (UST) Collapse

A top official at the U.S. Securities and Exchange Commission (SEC) anticipates stablecoin regulation will accelerate after two large-cap crypto assets lost tens of billions of dollars earlier this month....

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Posted by | May 25, 2022
US Senator Pat Toomey Says Terra (LUNA) Investors May Have Been Defrauded: Report

Republican Senator Pat Toomey of Pennsylvania says that investors of Ethereum challenger Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST) may have been defrauded after both of the crypto projects...

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Posted by | May 23, 2022
CFTC Charges Illinois and Oregon Residents in Alleged $44,000,000 Crypto Ponzi Scheme

The Commodities Futures Trading Commission (CTFC) is announcing charges against two US residents alleging that they were behind a multi-million-dollar crypto Ponzi scheme. According to a press release, the CTFC...

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Posted by | May 19, 2022
CFTC Chief Says Crypto Assets Will Be Divided Into Two Categories in Upcoming Regulation

Commodity Futures Trading Commission (CFTC) chair Rostin Behnam says cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) can be categorized as a security or a commodity for regulation purposes. In a...

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Posted by | May 18, 2022
SEC Chair Gary Gensler Says Crypto Regulators Gearing Up To Investigate Misconduct Complaints

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), says that new staff members at the agency will begin to focus on investigating crypto-related complaints of misconduct....

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Posted by | May 12, 2022
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)

U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the...

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Posted by | May 11, 2022
Attorney Says Possible ‘Game, Set and Match’ for Ripple and XRP Lawsuit – Here’s Why

A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. Attorney John...

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Posted by | May 10, 2022
Federal Reserve Says Private Stablecoins Vulnerable to Runs in New Report

The U.S. Federal Reserve is voicing concerns about the viability of cryptocurrency stablecoins and is suggesting the utility of government-backed alternatives. In a wide-ranging report discussing financial stability across numerous...

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Posted by | May 10, 2022
After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming

Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the...

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Posted by | May 7, 2022
U.S. Department of Justice Charges Florida Executive Over Alleged Involvement in $62,000,000 Crypto Fraud

The U.S. Department of Justice (DOJ) is announcing charges against the CEO of a crypto mining company for allegedly running a global investment fraud scheme. According to a statement released...

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