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The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns
26.4.2024
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign...
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
12.3.2024
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack...
House Financial Services Committee Advances Bill to Repeal SEC Bulletin Preventing Banks From Offering Crypto Custody Services
2.3.2024
The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of the cryptocurrency custody provider market. However, the resolution, advanced with bipartisan support, is unlikely...
'It would be absurd' for a US court to rule private NFTs as securities: Lawyer
23.2.2023
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
22.2.2023
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year
Crypto regulation decided by Congress, not the SEC: Blockchain Association
15.2.2023
The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim
‘Agent of an anti-crypto agenda’ — Gensler slammed over Kraken crackdown
10.2.2023
SEC's recent charges against crypto exchange Kraken over its staking program have sent tremors through the crypto industry
Despite endless media appearances, SBF unlikely to testify on 13th
5.12.2022
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress
CZ and Saylor urge for crypto self-custody amid increasing uncertainty
14.11.2022
Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash
17.9.2022
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or complete transactions initiated using Tornado Cash prior to its sanction and how to deal with...
Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’
13.8.2022
The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit...
Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky
18.8.2021
General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill
US Senator claims support for crypto amendments despite blocking bill
11.8.2021
Senator Shelby claims he supported the cryptocurrency provisions of the amendment to the infrastructure bill that his sole objection blocked from passing the senate
Ripple Assails the SEC, Claims the $1.3 billion Lawsuit is an ‘Attack on the Entire Crypto Industry Here in the United States’
31.12.2020
Ripple has hit back at the U.S. Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community. In panning the SEC’s decision to designate its XRP token as a security, the company claims the regulator’s lawsuit...
What to Make of the SEC’s Latest Bitcoin ETF Rejection
18.10.2019
The bitcoin market isn't mature enough to support an ETF, said the SEC in its latest rejection of the concept. So what now?