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The Securities and Exchange Commission (SEC) has now decided to close its investigation into Paxos Trust Company over Binance USD (BUSD) stablecoin. This decision, communicated through...
The House of Representatives has delayed the vote to override President Biden’s veto on the SEC’s anti-crypto rule, SAB 121, after allegedly receiving a dramatic letter...
Representative Patrick McHenry, Chairman of the House Financial Services Committee, has made a strong case for overturning President Biden’s veto of a resolution that aimed to...
During a recent congressional hearing, Federal Reserve Chair Jerome Powell has expressed a keen interest in the passing of stablecoin legislation before the year ends. Federal...
Rostin Behnam, the Chairman of the CFTC has recently appeared before the Senate Agriculture Committee to discuss the classification of digital assets in the cryptocurrency market....
While there were reports earlier this week that the US House could vote to overturn Biden’s veto on SAS 121 regulatory oversight, there seems to be...
Nishad Singh and Gary Wang to be sentenced for FTX fraud on Oct. 30 and Nov. 20. Their cooperation in Sam Bankman-Fried’s trial may lead to...
Ex-FTX executives Nishad Singh and Gary Wang, who entered guilty pleas for fraud charges and helped the prosecution against their former colleague Sam Bankman-Fried, are set...
Paxful’s lack of AML led to regulatory breaches, prompting leadership changes. Artur Schaback pled guilty to failing to maintain AML and KYC programs at Paxful. Schaback...
This week is all set for some important events for the crypto industry as investors eagerly await the approval of the spot Ethereum ETFs. However, there...
