US Senator Gary Peters (D-MI) says a Senate committee he chairs will study methods that discourage the use of cryptocurrencies in cybercrime. Senator Peters, who chairs the Committee on...
Read More
Regulators
Binance CEO Reportedly Expects ‘Heavy’ Crypto Regulations
Binance CEO Changpeng Zhao reportedly expects the crypto space to be affected by “strict” regulations. Speaking at the REDeFiNE TOMORROW 2021 annual virtual blockchain summit, Changpeng Zhao (CZ) indicates...
Read More
New Jersey Imposes Cease-and-Desist Order On Digital Asset Wealth Manager, Says DeFi Risks Outweigh Crypto Volatility
The New Jersey Bureau of Securities is asking crypto wealth manager BlockFi to stop offering interest-bearing accounts. Acting Attorney General Andrew J. Bruck announced today that the Securities Office...
Read More
Treasury Secretary Yellen will meet with top regulators to discuss the risks and benefits of stablecoins
US Treasury Secretary Janet Yellen will meet with the President’s Task Force on Financial Markets (PWG) to discuss regulations on stablecoins. According to an announcement from the US Department...
Read More
Federal Judge Allows Ripple To Question Former SEC Head In XRP Lawsuit
The U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple is taking a new twist, as a federal judge declares that Ripple may remove former SEC director of corporate...
Read More
SEC Postpones Decision on Bitcoin ETF: Here’s What Could Be Holding Back
The US Securities and Exchange Commission (SEC) is delaying its decision on WisdomTree’s application for a Bitcoin exchange-traded fund. Founded in 2006, WisdomTree Investments is a sponsor and asset...
Read More
Grayscale Says Institutional Fund Featuring Bitcoin, Ethereum, Cardano and Additional Altcoins Now Registered With SEC
Digital asset management giant Grayscale has reached a new milestone with the Securities and Exchange Commission (SEC). In a new filing, Grayscale receives approval to launch its Large Cap...
Read More
India To Consider Banning Private Crypto Ownership Amid Meteoric Spike In Investments In Digital Assets: Report
Indian lawmakers are reportedly preparing to introduce a cryptocurrency bill that will ban the ownership of private digital assets in the country. According to PRS Legislative Research, a non-profit...
Read More
Binance to Expand Compliance Team Amid Regulatory Backlash, Says Helped Demolish $ 500,000,000 Ransomware Ring
Cryptocurrency exchange giant Binance is preparing to expand its compliance team in response to global regulatory pressures. Binance recently ran into regulatory hurdles in Japan, Canada and the UK...
Read More
Banking Giant Barclays blocks payments to Binance in the UK
British banking giant Barclays is now blocking transactions between its clients and the global crypto exchange Binance. Barclays Customers, Reportedly He received a text message from the bank informing...
Read More