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Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
US lawmakers meet with crypto advocates in DC roundtable
10.7.2024
Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US President was considering changing his position on crypto
Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation
10.7.2024
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors...
Coinbase’s Stand With Crypto initiative to launch in Canada
10.7.2024
The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change
Mt. Gox repayment shakes crypto market, causing volatility
10.7.2024
Bitcoin faces immense volatility as Mt. Gox repayments flood the market
Cyprus calls for collective crackdown against crypto terror financing
10.7.2024
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation
10.7.2024
Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian...
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
9.7.2024
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital...
Chamber of Progress says Biden can ‘still win’ on crypto against Trump
9.7.2024
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation
Sentencing for ex-FTX execs set for October, November
9.7.2024
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year
Messari Declares Independence From SEC — Calls Chair Gensler Incompetent and Corrupt
9.7.2024
Crypto intelligence platform Messari has declared independence from the U.S. Securities and Exchange Commission (SEC). CEO Ryan Selkis calls SEC Chair Gary Gensler incompetent and corrupt. Messari plans to challenge the SEC’s legitimacy through legal, congressional, and media avenues, arguing...
US Republicans under Trump include crypto in official party platform
8.7.2024
The party, which vowed to oppose a CBDC and defend Bitcoin mining, is scheduled to meet on July 15-18 and select a nominee for U.S. President
Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket
8.7.2024
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago
VanEck and 21Shares send amended Ether ETF filings to SEC
8.7.2024
Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
8.7.2024
The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor
Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
8.7.2024
Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren
Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
8.7.2024
Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren
Here’s what happened in crypto today
8.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
8.7.2024
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when...