The US Senate’s attempt to regulate stablecoins with the GENIUS Act has been blocked after key Democrats withdrew support over security concerns. This setback delays stablecoin regulation and […]
SEC Commissioner Calls Ripple Settlement ‘Diservice’ to Investors
SEC commissioner Caroline Crenshaw has publicly criticized the recent settlement between the SEC and Ripple Labs, arguing it prioritizes company interests over investor protection. She believes the deal […]
XRP Price Surge Sparks Market Integrity Concerns
XRP’s price has experienced significant fluctuations in May 2025, driven by the SEC settlement with Ripple. The market awaits further clarity on XRP’s future trajectory, as analysts anticipate […]
FTC & Nevada Sue IML: $1.2 Billion Fraud Lawsuit Raises Regulatory Concerns
The Federal Trade Commission (FTC) and the state of Nevada have filed a landmark lawsuit against IML (IM Mastery Academy) alleging a staggering $1.2 billion in consumer fraud […]
SEC and Ripple Reach Settlement, Impacting XRP Market Regulation
The SEC and Ripple have settled their longstanding legal dispute over XRP tokens, bringing a partial resolution to the complex regulatory landscape of cryptocurrency. The settlement includes $125 […]
SEC Commissioner Challenges Ripple Settlement: A Stalemate in Cryptocurrency Regulation
In a significant development shaking the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and blockchain company Ripple, SEC commissioner Caroline Crenshaw has publicly voiced […]
Brian Armstrong Raises Concerns Over Yield Restrictions in US Stablecoin Legislation
US stablecoin legislation continues to evolve, drawing attention from industry leaders and policymakers alike. Coinbase CEO Brian Armstrong has voiced concerns about a proposed prohibition on yield generation […]
Ripple Reaches $50 Million Settlement With SEC, Ending Legal Dispute
After a lengthy legal battle, Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC) for $50 million, ending their dispute regarding XRP sales. […]
U.S. Senate Blocks GENIUS Act, Threatening Financial Innovation
The U.S. Senate’s rejection of the GENIUS Act has sent shockwaves through the financial industry, raising concerns about the future of financial innovation in America. The decision marks […]
Stablecoin Regulation Blocked in U.S. Senate: A Close Vote Remains Unclear
The U.S. Senate narrowly voted against a bill aiming to regulate stablecoins on May 8, 2025, with a 48-49 vote. This decision leaves the status of stablecoin issuers […]
U.S. Senate Blocks Stablecoin Regulation, Raising Market Uncertainty
The U.S. Senate’s attempt to regulate stablecoins has failed, with a narrow 48-49 vote against the GENIUS Act. The bill aimed to establish regulations for these cryptocurrencies, but […]
Celsius Founder Sentenced to Prison: A Landmark Case in Crypto Fraud
Alex Mashinsky, the founder of Celsius Network, was sentenced to 12 years in prison for securities and commodities fraud related to the 2022 crypto market crash. This is […]
Alex Mashinsky Sentenced for Crypto Fraud: 12-Year Prison Term
Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a fraud scheme that left investors with billions in losses. The […]
Crypto Market Navigate New Policy Landscape: Dollarization & Institutional Influence Drive Transformation
The cryptocurrency industry is undergoing a pivotal shift as global economic forces reshape market dynamics. HTX Ventures, the investment arm of HTX, recently published its report, ‘Industry Insights: […]
Kuwait Takes Crackdown on Illegal Crypto Mining: 116 Individuals Questioned
In a significant development impacting the Middle East’s cryptocurrency landscape, Kuwait has escalated its regulatory efforts against unauthorized digital asset mining operations. Authorities have initiated investigations and enforcement […]