Regulation
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation...
Crypto Trading Platform BitMEX Pleads Guilty To Bank Secrecy Act Violations
Crypto exchange platform BitMEX is pleading guilty to violations of the Bank Secrecy Act, according to the Department of Justice...
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case...
SEC Drops Investigation Into Paxos, Decides BUSD Stablecoin Not a Security: Report
The U.S. Securities and Exchange Commission (SEC) is abandoning its probe into the stablecoin-issuer Paxos, according to multiple reports. Per...
House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required...
Binance finalizes sale of majority stake in Gopax — Report
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local...
Inferno Drainer fails attempt to launder ETH — ‘not welcome’ in Railgun
Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after...
Donald Trump’s Pro-Crypto Stance Helping With Potential 2024 Election Victory: Poll
A new poll indicates that Donald Trump’s pro-crypto stances are helping him win over Republican voters for the 2024 Presidential...
Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Source link
Crypto won big in the Supreme Court's Loper Bright decision
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand...