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Crypto Sprint Begins As CFTC And SEC Rush Toward Regulatory Reform
The U.S Commodity Futures Trading Commission (CFTC) has announced that it’s set to launch “Project Crypto.” According to Caroline Pham, CFTC’s Acting…
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UK Regulator Reverses Ban On Retail Crypto ETNs, Cites Market Maturity
The UK’s financial regulator has reversed a years-long stance against crypto-linked investment products, giving retail investors fresh access to cryptocurrency exchange-traded notes…
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Stablecoins Gain Legal Status In U.S. As GENIUS Act Becomes Law
President Donald Trump on Friday signed the GENIUS Act into law, establishing the United States’ first dedicated regulatory framework for dollar-backed stablecoins.…
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Robinhood Investigated In Florida Over Alleged Deceptive Crypto Pricing
Robinhood is under investigation in Florida over claims that its cryptocurrency platform misled customers about trading costs. The state’s attorney general, James…
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BlockFi Settles $35 Million Crypto Dispute With US Department Of Justice
A long-running legal standoff between bankrupt crypto lender BlockFi and the U.S. Department of Justice ended in a dismissal. A federal judge…
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FTX Asks U.S. Court To Halt Creditor Payouts In 49 Countries, Including Russia And China
The FTX bankruptcy estate has filed a motion to temporarily freeze creditor distributions in 49 countries with restrictive or unclear cryptocurrency laws,…
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Ripple Ends SEC Fight, Drops Cross-Appeal And Agrees To Pay $125M
Ripple Labs has decided to end its years-long legal fight with the U.S. Securities and Exchange Commission, announcing Friday on X that…
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Luxembourg Grants Coinbase Crypto License Under New EU Rules
Coinbase secured a Markets in Crypto Assets (MiCA) license from Luxembourg’s financial regulator, clearing the way for the U.S.-based exchange to offer…
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Crypto Skyrocketed In May As Bitcoin Gained Institutional, Regulatory Backing – Report
The crypto market experienced a surge in May due to favorable regulations, institutional adoption, and innovative development. A report by Ikigai Asset…
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Former NBA Star Shaquille O’Neal To Pay $1.8 Million Over FTX Endorsement
US basketball former superstar Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit brought by investors who claimed…