Regulation
US House Officials Urge President Biden to Free Binance Employee Incarcerated in Nigeria: Report
US lawmakers urge the White House to take action and help a Binance employee who has been held captive in...
Investors file first civil suit against JPEX, more suits expected
The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue. Source link
Meta faces backlash in EU for AI data usage without user consent
The complaints claimed that Meta’s recent privacy policy changes would allow the company to utilize years of personal posts, private...
DOJ Arrests CFO of Media Outlet Epoch Times for Alleged $67,000,000 Money Laundering Scheme Involving Crypto
The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times,...
Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise. Source link
Gary Gensler Says Crypto Exchanges Are Doing What the NYSE Would ‘Never Be Allowed to Do’
The Chair of the U.S. Securities and Exchange Commission (SEC) says that crypto exchanges are doing what the New York...
Spot Ether ETF approvals will ‘take some time’ — Gary Gensler
The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges...
Tether announces strategic investment and launch of XAU1 stablecoin
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology. Source...
US political change could expose crypto to $20T industry: Bitwise
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment...
Crypto.com Among 11 Digital Asset Exchanges on the Verge of Getting Licensed in Hong Kong: Report
Hong Kong’s Securities and Futures Commission (SFC) reportedly says that nearly a dozen crypto exchanges are on the cusp of...