Regulation

US Treasury distinguishes between privacy and obfuscation in crypto mixers

Under Secretary Brian Nelson discusses the risks and national security challenges posed by crypto mixers, emphasizing the need for transparency.

2 years ago · By DIEGO ALMADA LOPEZ

‘Gensler has been the worst thing for the SEC,’ says Rep. Tom Emmer

Rep. Tom Emmer criticizes SEC Chair Gary Gensler for overreaching in crypto regulation and stifling innovation, advocating for bipartisan solutions.

2 years ago · By DIEGO ALMADA LOPEZ

Hong Kong SFC to conduct compliance checks on crypto firms

Hong Kong's SFC announces on-site compliance checks on crypto firms after the June 1 licensing deadline, focusing on client asset protection and KYC processes, as the number of license applicants decreases.

2 years ago · By VINCE DIOQUINO

Ex-FTX exec Ryan Salame sentenced to nearly 8 years, fined $11 million

Ryan Salame, former FTX executive, sentenced to 90 months for fraud and unlicensed money transmission, faces $11M in penalties.

2 years ago · By GINO MATOS

Latest

Trump says he is “very positive and open-minded” to crypto companies, advocates for US leadership in crypto industry

May. 25, 2024

Trump says he is “very positive and open-minded” to crypto companies, advocates for US leadership in crypto industry

Trump champions US leadership in crypto, accepts donations in digital currencies, and criticizes Biden's stance toward the industry.

By VIVIAN NGUYEN

US House passes landmark FIT21 crypto bill with bipartisan support

May. 22, 2024

US House passes landmark FIT21 crypto bill with bipartisan support

The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching crypto regulation bill, with significant bipartisan support despite opposition from the White House and SEC.

By VINCE DIOQUINO

White House opposes FIT21, citing concerns over lack of investor protection

May. 22, 2024

White House opposes FIT21, citing concerns over lack of investor protection

Biden opposes the House crypto bill but won't veto it. The White House cites a lack of investor protections in the FIT21 Act.

By VINCE DIOQUINO

Hong Kong orders Worldcoin to stop collecting iris biometric data

May. 22, 2024

Hong Kong orders Worldcoin to stop collecting iris biometric data

HK's privacy watchdog ordered Worldcoin to delete all collected iris biometric data, citing privacy law violations and lack of transparency.

By VIVIAN NGUYEN

Uniswap Labs claims SEC will fail, urges agency to drop enforcement action

May. 21, 2024

Uniswap Labs claims SEC will fail, urges agency to drop enforcement action

Uniswap Labs challenges SEC's enforcement action, arguing the protocol doesn't meet the SEC's definition of an exchange.

By VINCE DIOQUINO

Genesis settles for $2 billion in New York AG crypto case

May. 20, 2024

Genesis settles for $2 billion in New York AG crypto case

NY Attorney General Letitia James secures a $2 billion settlement with Genesis to repay investors and establish a Victims’ Fund.

By GINO MATOS

Genesis wins court nod to return $3 billion to creditors

May. 18, 2024

Genesis wins court nod to return $3 billion to creditors

Court approves Genesis Global's plan to distribute $3 billion to creditors, rejecting Digital Currency Group's objections.

By VIVIAN NGUYEN

Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance

May. 17, 2024

Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance

Binance exec Tigran Gambaryan denied bail by Nigerian court, faces money laundering and tax evasion charges.

By VINCE DIOQUINO

What happens if Biden vetoes Senate’s bid to cancel SEC’s crypto rule?

May. 17, 2024

What happens if Biden vetoes Senate’s bid to cancel SEC’s crypto rule?

US Senate's vote to revoke SEC's crypto rule now hinges on Biden's veto, with potential major implications for the crypto sector.

By VIVIAN NGUYEN

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

May. 17, 2024

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Binance and Taiwan's authorities dismantle a $6.2m laundering operation, highlighting the power of global law enforcement collaboration.

By VIVIAN NGUYEN