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SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
18.9.2024
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood
US House Committee to Hold Several Crypto Hearings in Sept
30.8.2024
The U.S. House Financial Services Committee is planning to hold several crypto hearings in September to get a…
U.S. House Committee Plans for Heap of Crypto Hearings in September
29.8.2024
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering"...
FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities
21.4.2024
In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivotal moment in the extensive legal battles...
Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence
12.4.2024
Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at...
Nigeria Court Adjourns Hearings for Binance, Execs' Tax Evasion Cases: Reports
4.4.2024
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country
Joe Lieberman, Senator Who Crusaded Against Video-Game Violence, Dead At 82
28.3.2024
Joe Lieberman, a former U.S. senator who crusaded against violence in video games, has passed away at 82. According to a statement from his family, he suffered “complications from a fall.”Read more
US SEC Cites Terraform Case in Coinbase, and Binance Rulings
5.1.2024
Source: Pixabay The US. Securities and Exchange Commission (SEC) has cited the Terraform Labs recent ruling during the Coinbase and Binance hearings strengthening its claim that the cryptocurrency exchanges went against the securities law. On 28 December, the SEC ruled that Terraform Labs tokens...
Bitzlato Suspends Bitcoin Withdrawals Indefinitely After Founder Pleads Guilty to Unlicensed Money Transmitting
27.12.2023
Source: Pixabay Crypto exchange Bitzlazo has temporarily suspended the withdrawal of Bitcoins from its platform. In a Telegram post published on Wednesday, the Hong Kong-based crypto exchange announced that it had suspended special balance withdrawals and technical customer support as a “temporary...
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
7.9.2023
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday
SEC Chair Gary Gensler Set for Back-to-Back Hearings Before Congress
30.8.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler is scheduled to appear before Congress twice in September, first testifying to the Senate Banking Committee on September 12 and later to the House Financial Services Committee on September 27.
The hearings follow mounting criticism...
Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation
13.5.2023
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee...
Previewing Congress's Joint Crypto Regulation Hearing
10.5.2023
Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto...
Congressman McHenry announces joint hearings to address market structure around digital assets
29.4.2023
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand
US House committees hear similar testimonies in simultaneous hearings on digital assets
27.4.2023
A range of speakers addressed issues of agency turf wars and regulator fitness in hearings on regulatory gaps
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
19.4.2023
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...
Coinbase Argues an Arbitration Case in U.S. Supreme Court as Crypto Makes Its Debut
21.3.2023
Coinbase faced a grilling from U.S. Supreme Court justices today as it made the crypto industry’s high court debut, arguing a case about the handling of arbitrations
Voyager’s Binance US Sale Plan ‘Full Steam Ahead,’ Counsel Says
22.2.2023
A vast majority of Voyager’s creditors are voting in favor of a plan to sell assets to Binance US, a New York court was told today
Colombian Court Holds Hearing in the Metaverse
17.2.2023
Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in...