Tag: Regulation
Elizabeth Warren’s Resilient Rise in the Crypto Sector
U.S. Senator Elizabeth Warren, known for her critical stance on the crypto industry, has recently announced that she will be taking on the role of the most senior Democrat on the Senate Banking Committee....
Nano Labs Embraces Bitcoin Payments Amid China Policy Change
Nano Labs, a China-based company specializing in crypto mining chip design, has recently made the decision to accept Bitcoin as payment for its products. This move comes in response to the growing demand for...
Trump Administration Eyes Robinhood Legal Chief for SEC Chair
The Trump administration is considering appointing Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, as the chair of the Securities and Exchange Commission (SEC). Gallagher is viewed favorably by crypto executives who...
Binance Lawyers Seek Dismissal of Amended SEC Lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint by the SEC. The motion argues that the SEC is not providing a clear standard for...
SEC Investigates Immutable X for Potential Violations – What You Need to Know
Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related to the sale of its IMX tokens in 2021. The...
European Cryptocurrency Market Set to Strengthen with MiCA Delistings
Since its inception in 2020, the European Union’s Markets in Crypto-Assets (MiCA) regulation has been a game-changer for the European crypto industry. MiCA has set new standards that are pushing companies to deliver better...
Kamala Harris Supports Crypto Regulation Framework in Campaign Speech
U.S. Vice President Kamala Harris recently announced her support for the implementation of a regulatory framework for cryptocurrency and other digital assets during a campaign speech in Erie, Pa. This move is part of...
Regulating Privacy Coins: Lawmakers’ Battle Against Untraceable Transactions
Privacy coins are currently at the center of a heated debate between personal financial freedom and government regulation. These cryptocurrencies, designed to enhance anonymity and reduce traceability, have caught the attention of regulators and...
Dubai’s VARA Imposes Fines and Cease-and-Desist Orders on 7 Crypto Entities
Dubai's Virtual Assets Regulatory Authority (VARA) has taken action against seven crypto entities operating without the required licenses and violating marketing regulations. The regulator issued fines ranging from 50,000 to 100,000 dirhams and cease-and-desist...
Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
