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U.K. To Begin A Phased Crypto Regulation In Early 2024 Amid Market Uncertainty
The U.K. has published final rules for regulating the crypto ecosystem. The Monday update shows the government will initiate a phased introduction…
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Gemini Takes Genesis To Court Over $1.6 Billion GBTC Shares
Gemini has filed a lawsuit against Genesis Global. The core of this dispute centers around the rightful ownership of a substantial sum…
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Sam Bankman-Fried Defends against FTX Fraud Allegations
Sam Bankman-Fried (SBF), the former billionaire and founder of FTX, recently testified that he was “very surprised” when he discovered the $8…
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BlackRock’s $2.5 Million SEC Settlement Raises Bitcoin ETF Anticipation
The U.S. Securities and Exchange Commission (SEC) settled with BlackRock today. BlackRock is under the allegations of inaccurately describing investments in the…
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U.S. Court Makes A Final Ruling Overturning SEC’s Rejection Of Grayscale’s Spot ETF
The conversion of the $17 billion Grayscale Bitcoin Trust (GBTC) into a spot ETF is back on the SEC’s table. This comes…
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U.S. Treasury Targets Cryptocurrency Mixers As Money-Laundering Tool
The U.S. Treasury Department has unveiled plans to categorize all cryptocurrency “mixers” as potential money-laundering hubs. The announcement cites threats to national…
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Coinbase Demands SEC’s Response To Crypto Rulemaking Petition
Coinbase has demanded that the United States Securities and Exchange Commission (SEC) provide a decisive response to its crypto rulemaking petition. Coinbase’s…
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SEC Decides Not To Appeal Grayscale Loss, Paving The Way For First US Bitcoin ETF
The US Securities and Exchange Commission (SEC) has chosen not to appeal a court’s stern rebuke of its initial denial to allow…
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FTX Co-Founder Reveals Misuse Of Customer Funds By Sam Bankman-Fried
In the ongoing fraud trial of Sam Bankman-Fried (SBF), the Co-Founder of FTX, Gary Wang, revealed that Alameda Research started using FTX…
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XRP Soars 6.8% As Judge Rejects SEC’s Appeal
The United States Securities and Exchange Commission (SEC) faced a setback in its attempt to overturn a recent courtroom defeat against Ripple…