U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The bill also prohibits the […]
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also […]
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have been “behind closed doors” affairs. Crypto regulation should be about […]
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists […]
Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others […]
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish […]
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after […]
Stefan Rust, CEO of Truflation, says the SEC’s ruling about BUSD being a security has no sense legally. The former Bitcoin.com CEO believes there’s a political angle to the action, pointing to Binance’s freezing out […]
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it […]
Senator Elizabeth Warren first introduced the AML Act of 2022 on December 15, 2022. The first bill was read twice and referred to the Senate banking Committee. The senator now wants to reintroduce the bill […]
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