Crypto Regulation

Highlights: The STABLE Act has passed the House Financial Services Committee after an intense debate. Legislators are worried that the involvement of the Trump family in the stablecoin business could influence the bill. The STABLE Act will move to the […]

Highlights: SEC and Gemini have requested a stay in their lawsuit to discuss a possible resolution. The SEC has dropped cases against major companies after recent changes in the agency. The request does not specify what type of resolution the […]

Highlights: A judge has ruled in favor of Coinbase and has ordered the SEC to provide the requested documents. The SEC has changed its crypto approach under acting chair Mark Uyeda. South Carolina dismissed its staking lawsuit against Coinbase as […]

Highlights: Galaxy Digital will pay a fine for promoting LUNA without disclosing its holdings. The company sold LUNA tokens, and investors lost money after the token collapsed. Authorities are on the lookout to protect investors from misleading promotions. Galaxy Digital […]

Highlights: South Korea has lifted the suspension that the FIU recently imposed on Upbit. The FIU had accused Upbit of violating KYC requirements in its transactions. Upbit will continue operating as the case continues after the injunction. A South Korean […]

Highlights: Paul Atkins has disclosed the assets he holds ahead of his Senate hearing. Atkins will have to resign his current role if he is confirmed by the committee. Senators will question Atkins on his connections to the industry and […]

Highlights: Massachusetts is investigating the prediction markets of Robinhood over concerns they may resemble gambling. Regulators want details on the event contracts and how they are promoted to investors in the state. The stock of Robinhood continues to rise 9% […]

Highlights: The US Treasury has noted that the case against the Tornado Cash lawsuit is moot. Coinbase has argued that delisting Tornado Cash does not end the case and warns sanctions could return later. Tornado Cash appeared on the MegaETH […]

Highlights: Pakistan plans to use surplus power to attract Bitcoin miners and boost its digital and energy sectors. The Pakistan Crypto Council and officials outlined a mining roadmap including licensing and pilot projects. Pakistan is working to legalize cryptocurrency and […]

Highlights: BaFin has stopped Ethena GmbH from offering USDe in Germany due to issues in its application. BaFin suspects that sUSDe may be a security and that Ethena GmbH offered it without the required approval in Germany. Ethena Labs will […]

Highlights: OFAC has removed Tornado Cash from the sanctions list after an earlier court ruling late last year. Authorities believe that the platform was used to launder cash stolen from different sources. TORN has surged in price after inactivity, and […]

Highlights: Prosecutors raided Bithumb over claims of fund misuse involving former CEO Kim Dae-sik. Bithumb is facing new allegations that projects paid high fees to get listed on the exchange and Upbit. Bithumb is pushing ahead with IPO plans despite […]