crypto regulation

Blockchain platform Ripple (CRYPTO: XRP) joined a group of 88 current and former top executives endorsing Vice President Kamala Harris for president. The support of Chris Larsen, co-founder of Ripple, is noteworthy given Ripple’s recent legal victory against the U.S. Securities and Exchange...

A small portion of cryptocurrency firms successfully obtained licensing under the UK’s anti-money laundering regulations in the past fiscal year. What Happened: The UK’s Financial Conduct Authority (FCA) disclosed in its annual report that out of 35 applications it received in the 12...

The Commodity Futures Trading Commission (CFTC) has issued an order against Uniswap Labs (CRYPTO: UNI), settling charges related to illegal offerings of digital asset derivatives trading. The agency fined the Delaware-based company, operating out of New York, $175,000. Uniswap also received a...

The U.S. Securities and Exchange Commission (SEC) announced settled charges against investment advisory firm Galois Capital Management LLC, a Florida-based investment advisory firm specializing in crypto assets. The SEC accused the company of failing to comply with the Investment Advisers Act...

The Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) jointly announced the launch of a new framework that establishes legal and regulatory foundations for digital assets. The QFC Digital Assets Framework 2024 covers crucial aspects such as tokenization...

The Securities and Exchange Commission (SEC) on Wednesday issued a Wells notice to NFT marketplace OpenSea, indicating the regulatory body’s intent to sue the company, alleging that certain NFTs traded on its platform should be classified as securities. What Happened: Expressing his shock...

Stablecoin issuers like Tether Holdings Ltd. (CRYPTO: USDT) are becoming increasingly significant in the U.S. Treasury market, traditionally dominated by more secure and conventional financial entities. What Happened: Tether, the largest stablecoin issuer, now holds $81 billion in Treasury bills,...

As the 2024 U.S. presidential race gains momentum, the cryptocurrency industry is closely watching Vice President Kamala Harris for signals on her digital asset policy stance. What Happened: The Democratic nominee’s position on crypto regulation remains unclear, leaving industry leaders and...

Prominent Democratic donor Ron Conway has announced his decision to sever ties with a coalition of influential cryptocurrency super PACs after they committed $12 million to opposing Sen. Sherrod Brown (D-Ohio), a move that Conway claims he was not informed about in advance. What Happened: Conway, a...

Circle CEO Jeremy Allaire on Wednesday emphasized that cryptocurrency is already a bipartisan issue in the U.S., but stressed that more needs to be done to solidify this status. What Happened: In an interview with CNBC, Allaire warned that without stronger bipartisan support, the U.S. risks missing...

As the U.S. prepares for the 2024 presidential election, new insights suggest that a potential Kamala Harris administration is likely to maintain a hardline stance on cryptocurrencies, continuing the policies established under President Joe Biden. What Happened: Alex Thorn, Head of Research at...

Editor’s note: The story has been updated with a request for comment from NovaTech Ltd. The Securities and Exchange Commission (SEC) has leveled serious allegations against NovaTech Ltd., its principals, and a group of promoters for orchestrating a fraudulent scheme that defrauded over 200,...

A virtual meeting aimed at easing tensions between the cryptocurrency industry and the Democratic Party took a sharp turn on Thursday, highlighting the challenges faced by progressive crypto advocates in rallying industry support for Kamala Harris‘s presidential campaign. What Happened: The...

A U.S. judge has ordered FTX Trading Ltd. and Alameda Research LLC to pay $12.7 billion in restitution and disgorgement to creditors. What Happened: This ruling stems from a lawsuit filed by the Commodity Futures Trading Commission (CFTC) against the two entities, accusing them of committing fraud...

The Official Monetary and Financial Institutions Forum (OMFIF), an independent financial think tank, has suggested that Vice President Kamala Harris and the Democratic Party must urgently develop a comprehensive crypto agenda. What Happened: According to OMFIF, the crypto community’s natural...