ECB pushes for EU ban on multi-issuance stablecoins
The ECB is gaining support for a ban on stablecoins issued jointly within the bloc and other jurisdictions, setting the…
Category: Legal
House Republicans to probe Gary Gensler’s deleted texts
US House Republicans have told Securities and Exchange Commission Chair Paul Atkins that they are investigating the loss of text…
New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset Segregation
The New York State Department of Financial Services (DFS) has issued updated guidance on customer protection for virtual currency assets…
SEC clears path for Ripple, Coinbase, BitGo to qualify as custodians
The U.S. Securities and Exchange Commission has opened the door for Ripple, Coinbase, and BitGo to act as qualified custodians…
US government shuts down: Why congress failed to pass the funding bill
The US government shuts down much of its operations after two sides of congress failed to reach an agreement on…
Lost Texts Spur Oversight Inquiry Into Former SEC Chair Gary Gensler
Nearly a year of text messages from former Securities and Exchange Commission Chair Gary Gensler were permanently deleted due to…
White House Pulls Quintenz CFTC Chair Nomination After Clash With Winklevoss Twins
The White House has withdrawn Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission late Tuesday, Politico reported, citing…
Roman Storm seeks acquittal of Tornado Cash money transmission charge
Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for…
Final Hours Before Government Shutdown Crisis in the US: Donald Trump Makes a Hot Statement
US President Donald Trump, speaking on the looming budget crisis, said a government shutdown was “not inevitable” but “very likely.”…
Stablecoin Boom Fuels Crypto Industry Drive for Clear Tax Rules
Key Highlights: With the GENIUS Act gaining bipartisan support, lawmakers are now looking at clearer tax rules for crypto.The crypto…