Wisconsin launches an investment scam tracker to combat crypto fraud
Wisconsin DFI launches tracker to combat crypto and investment fraud. Nearly $3.55M was lost to fraud in Wisconsin from Jan 2022 to June 2024. Tracker...
SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit
SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB, BUSD, and others. The...
Russia set to legalize crypto and launch digital ruble for public use in a years’ time
Russia to legalize cryptocurrencies for international settlements by September 1. Digital ruble to launch for widespread use by July 2025 after pilot tests. The new...
UK’s Coinbase subsidiary fined $4.5 Million for high-risk customer breaches
CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred despite a 2020 agreement to...
UAE Central Bank introduces new Stablecoin regulations
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum...
Gate.io terminates services for Japanese customers amid regulatory pressures
io halts Japanese operations due to FSA regulatory compliance demands. The exchange will assist Japanese customers in migrating to compliant exchanges. io’s shutdown timing in...
SEC directs final S-1 submissions for Ether ETFs with target launch on July 23
SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees at 0.25%; VanEck, Franklin Templeton...
US House fails to overturn Biden’s veto on SEC crypto rule
US House voted 228-184 in favor of overriding President Joe Biden’s veto of H.J.Res. 109 on SAB 121. The vote however fell short of required...
Ex-FTX execs Nishad and Gary to be sentenced in October and November
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...