After years of legal battle, Ripple has reached an agreement with the U.S. Securities and Exchange Commission (SEC) resolving their longstanding dispute. The company agreed to settle for […]
Senate Repeals Controversial DeFi Rule, IRS Reacts
The U.S. Senate has voted to overturn the controversial DeFi Broker Rule, which required decentralized platforms to collect KYC data. This decision follows a similar resolution passed by […]
Ripple Settlement Ends Legal Battle with SEC
After a prolonged legal battle spanning since December 2020, Ripple’s case against the U.S. Securities and Exchange Commission (SEC) has reached a definitive resolution. The company has agreed […]
BitGo CEO Condemns Galaxy Digital’s Token Sales Practices After $200M Settlement
Mike Belshe, CEO of BitGo, has publicly criticized Galaxy Digital following its $200 million settlement with the New York Attorney General over allegations regarding LUNA-related token sales. He […]
Ripple Case Ends: $50M Settlement Marks End of Regulatory Battle
After years of litigation, Ripple’s legal battle with the SEC is finally coming to a close. The company has settled its cross-appeal against the regulator, agreeing to pay […]
UK FCA to Launch New Authorization Process for Crypto Companies in 2026
The UK’s Financial Conduct Authority (FCA) will launch a new regulatory framework for the crypto market by 2026. This framework will encompass stablecoins, trading platforms, staking activities, and […]
EIOPA Proposes Full Capital Backing for Crypto Holdings: Impact on Prices and Regulations
The European Insurance and Occupational Pensions Authority (EIOPA) has proposed mandating full capital backing for insurers’ cryptocurrency holdings, a move aimed at mitigating volatility risks. This proposal could […]
EIOPA Mandates 100% Crypto Reserve Requirement for Insurers
The European Insurance and Occupational Pensions Authority (EIOPA) proposes that insurers holding crypto assets must maintain a full 100% capital reserve backing these investments. This recommendation, issued on […]
Japan Classifies Bitcoin as Financial Product, Bolstering Regulatory Oversight
Japan is taking a decisive step towards bolstering the crypto industry by recognizing Bitcoin and other cryptocurrencies as financial products. This move aligns with other leading markets, seeking […]
BitGo CEO Calls for Crypto Regulation After Galaxy Digital Settlement
BitGo CEO Mike Belshe has joined the call for stronger regulatory oversight within the cryptocurrency industry, following a $200 million settlement between Galaxy Digital and New York’s Attorney […]
Galaxy Digital’s $200 Million Settlement Sparks Calls for Crypto Regulation
BitGo CEO Mike Belshe has called for regulatory action in the cryptocurrency industry following Galaxy Digital’s $200 million settlement with New York Attorney General. The hefty sum underscores […]
Galaxy Digital Pays $200M To Settle Luna Allegations
Galaxy Digital has agreed to pay $200 million to settle allegations from New York’s Attorney General regarding its involvement with the collapsed Luna cryptocurrency. This settlement signals growing […]
BaFin Imposes Stringent Rules on Asset Manager’s Crypto Investments
Germany’s BaFin, its financial regulator, has tightened regulations surrounding direct crypto investments by asset management firms. These firms face increased scrutiny as they navigate the rising popularity of […]
SEC Drops Investigation into Gemini Exchange, Signaling Shift in Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini exchange, the cryptocurrency platform owned by billionaire twins Cameron and Tyler Winklevoss. The agency will […]
Bank of America Eyes Stablecoin Launch Amidst Trump Pressure and Regulatory Concerns
Bank of America is preparing to enter the rapidly growing stablecoin market, aiming to capitalize on the burgeoning industry while simultaneously responding to pressure from former President Donald […]