Regulators

Posted by | January 28, 2024
JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report

A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on...

Continue Reading
Posted by | January 28, 2024
CFTC Chair Rostin Behnam Has ‘Magnified’ Concerns Over Bitcoin Regulation, Says New Federal Legislation Needed

The Chair of the Commodity Futures Trading Commission (CFTC) says he is increasingly concerned about the growing accessibility of Bitcoin (BTC) and that new federal laws are needed to regulate...

Continue Reading
Posted by | January 27, 2024
Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue

The X social media account of the Algorand Foundation’s chief executive has been hacked, marking the third major exploit of crypto-related X accounts this month. In a new thread, the...

Continue Reading
Posted by | January 27, 2024
US Commodities Regulator Issues Warning About AI Scams Promoting Crypto Asset Trading Schemes

The U.S. Commodity Futures Trading Commission (CFTC) has issued a warning about artificial intelligence (AI) scams promoting false crypto opportunities and other frauds. The CFTC’s Office of Customer Education and...

Continue Reading
Posted by | January 26, 2024
Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services...

Continue Reading
Posted by | January 26, 2024
U.S. SEC Delays Decision on Grayscale and BlackRock Spot Ethereum Exchange-Traded Fund Applications

Federal securities regulators say they need a longer period to consider asset managers Grayscale Investments and BlackRock’s applications for an Ethereum (ETH) exchange-traded fund (ETF). In an order dated January...

Continue Reading
Posted by | January 25, 2024
CBDCs Will Enable the Government To Seize Your Money, Says Ex-US Presidential Candidate Vivek Ramaswamy

Former Republican presidential candidate Vivek Ramaswamy says greenlighting a central bank digital currency (CBDC) in the US will have repercussions on the citizens’ financial freedom. In a new interview with...

Continue Reading
Posted by | January 24, 2024
FINRA Says 70% of All Crypto Communications Contain Regulatory Violations

A US regulatory organization says that 70% of all crypto communications potentially contain violations of current regulations. In a new press release, the Financial Industry Regulatory Authority (FINRA), which creates...

Continue Reading
Posted by | January 24, 2024
SEC Receives Application From Financial Services Company To Issue New Interest-Bearing Stablecoin

A blockchain-focused financial services company wants to launch an interest-bearing stablecoin pegged to the penny. According to a registration statement filed with the U.S. Securities and Exchange Commission (SEC) in...

Continue Reading
Posted by | January 24, 2024
SEC Says Hacker Used SIM Swap To Compromise Regulator’s X Account and Post False BTC ETF Approval Announcement

The U.S. Securities and Exchange Commission (SEC) is revealing the details behind the incident where the markets regulator’s account on the social media platform X was accessed by an unauthorized...

Continue Reading