Global regulators are reviewing new rules on banks’ crypto holdings after the rise of stablecoins
Global regulators are discussing possible adjustments to the rules on banks’ cryptocurrency holdings. This talk follows the increased adoption of…
Category: Legal
Massive Blow: US Treasury Sanctions Prince Group Wallets Holding $780M in BTC
The cryptocurrency world is buzzing with a significant development: the US Treasury sanctions Prince Group, freezing a staggering $780 million…
Coinbase CLO Fires Back at Senator Murphy Over ‘Corruption Factory’ Claim
Coinbase’s Chief Legal Officer, Paul Grewal, has publicly criticized U.S. Senator Chris Murphy. The lawmaker accused the company of corruption…
Prince Group\’s Chen Zhi targeted by Singaporean police in $115M asset seizure
Singapore joins the ranks of major international crackdowns targeting Chen Zhi, the founder and chairman of Cambodia-based conglomerate Prince Holding…
US Democrats Propose Anti-Cryptocurrency Bill – Here Are the Details
Democrat Ro Khanna, a member of the US House of Representatives, has introduced a draft resolution proposing a comprehensive bill…
‘Cut-throat’ battle for crypto ETNs erupts in UK after retail ban lifted
The United Kingdom has opened the floodgates for crypto exchange-traded notes (ETNs) to retail investors — a market that was…
Drake, Adin Ross Sued Over \’Deeply Fraudulent\’ Promotion of Crypto Casino Stake
As the proverb goes: As one Drake lawsuit closes, another opens. This week, as Drake fought to revive his dismissed…
Amid US gov’t shutdown, lawmakers work to pass market structure: Report
Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with…
CZ threatens Elizabeth Warren with lawsuit over ‘money launderer’ claim
Founder and former CEO of Binance, Changpeng Zhao, has for the past week been locked in a war of words…
Bank of Russia sees no obstacles to issuing stablecoins in the country
Stablecoins can be issued in Russia, the head of its monetary authority indicated, as a Russian senator issued a call…