The European Banking Authority (EBA) has finalized rules requiring banks to hold significantly more capital against so-called “unbacked” cryptocurrencies like Bitcoin and Ether. In its… Continue reading
The Government Is Not Your Friend
Yesterday’s guilty verdict for Roman Storm on the count of conspiracy to operate an unlicensed money service business is absolutely insane. FinCEN, the regulator responsible… Continue reading
NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering… Continue reading
What Are Coin Mixers and How Do They Work?
Coin mixers have captured the attention of both the cryptocurrency community and regulators as the battle for privacy ramps up. In 2021, the founder of… Continue reading
Trump to sign executive order punishing financial institutions for \’debanking\’: Report
US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged… Continue reading
Solana Labs and Jito Labs served Pump Fun lawsuit
Solana Labs and Jito Labs have been served a Pump Fun lawsuit accusing the two firms of acting as “co-conspirators” in the memecoin platform’s alleged… Continue reading
Opinion: Tornado Cash developer conviction raises alarm for open-source devs
Yesterday’s partial verdict in U.S. v. Roman Storm is about more than the fate of one Tornado Cash developer. It dampens hopes of giving DeFi protocols… Continue reading
BREAKING: Ripple-SEC Lawsuit Allegedly Settled – Here Are the Details
According to the latest development, Attorney James Filan claimed that the Ripple-SEC case is officially over: “The parties have applied for a joint dismissal of… Continue reading
White House Issues Statement on Cryptocurrency: Declares Donald Trump Has Kept His Promise
The White House announced that President Donald Trump has kept his campaign promise to “make the future of crypto American.” In the statement, it was… Continue reading
SEC staff liquid-staking guidance leaves regulatory questions, could be contested
The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding… Continue reading