New York sues Polymarket, alleging it is running an illegal gambling operation
New York Attorney General Letitia James and Governor Kathy Hochul sued prediction market provider Polymarket’s U.S. business Thursday, alleging the…
Category: Legal
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The U.S. Federal Reserve proposed two rules on Thursday that would accomplish its part of the multi-agency work needed to…
Brazil Orders Reporting of $10K Self-Custody Crypto Wallet Trades
Central Bank of Brazil Eyes Self-Custody Wallets In New Resolution The Central Bank of Brazil has issued a new resolution…
ECB backs Tether’s MiCA concern—but USDT’s EU problem remains
European central banks want one of MiCA’s key stablecoin rules removed, nearly two years after Tether raised concerns about the…
Fireblocks Comments on SEC’s Five-Part Taxonomy
The recent failure of the CLARITY Act vote underscores the ongoing significance of the SEC’s five-part taxonomy in regulating the…
Dubai’s crypto regulator tightens VARA VASP compliance rules, effective immediately
Dubai’s crypto regulator just tightened the rules on how digital asset firms track every single transaction, and the trigger appears…
Ripple Pioneer Returns to SEC Case After Spotting Familiar Tactics Outside Crypto
One of the pioneers of the crypto industry, $XRP Ledger co-creator and current Ripple CTO Emeritus David Schwartz, has once…
Former Polish Police Officer Charged as Zondacrypto Probe Searches Fuel Depot
In brief Polish prosecutors have charged a former police officer with organized crime membership, fraud and money laundering linked to…
FATF Releases Türkiye Report: What Shortcomings Were Identified in Cryptocurrency Companies?
The Financial Action Task Force (FATF), which published its first crypto guide in 2019, stated that Turkish cryptocurrency companies have…
White House adviser defends President Trump’s crypto ties in wake of Clarity Act defeat
The White House’s crypto adviser, Patrick Witt, defended Wednesday against accusations that President Donald Trump’s own crypto ties contributed to…