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SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review

23.6.2024
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger...

CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis

19.6.2024
Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase...

Crypto chief bids SEC farewell after 9 years of service

17.6.2024
David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022

U.S. SEC's Crypto Enforcer David Hirsch Quits

17.6.2024
David Hirsch, a senior member of the U.S. Securities and Exchange Commission crypto oversight unit has left the organization, he posted on LinkedIn on Monday

Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only

17.6.2024
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities...

Experts Warn SEC’s Consolidated Audit Trail Is Unconstitutional

16.6.2024
The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked significant concerns among privacy advocates and legal experts, who warn of an unprecedented expansion of government monitoring over financial transactions....

Bitcoin bank proposal gains momentum in El Salvador

15.6.2024
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

13.6.2024
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and civil penalties

Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler

13.6.2024
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday

European Commission selects Iota Web3 ID for blockchain sandbox

13.6.2024
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale

Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case

12.6.2024

SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates

5.6.2024
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday

Wyoming Senator Cynthia Lummis Castigates US President Joe Biden’s Veto

2.6.2024
U.S. Senator for Wyoming Cynthia Lummis has castigated President Joe Biden over his decision to veto a measure that would disapprove the Securities and Exchange Commission’s Staff Accounting Bulletin No. 121 (SAB 121). Lummis said the measure known as H.J. Res. 109, which had bipartisan support...

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

31.5.2024
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

31.5.2024
AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who've shown some support for crypto issues, cast doubt Friday that a legislative solution for the industry would move quickly, but he suggested to an audience at CoinDesk's Consensus 2024 that the momentum will continue next...

Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show

30.5.2024
According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF. The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews

EUBOF Advises EU On Blockchain And AI Integration

27.5.2024
In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI). The post EUBOF Advises EU On Blockchain And AI Integration appeared...