North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments...
Regulation
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing...
Defi Education Fund on Chevron Doctrine Overruled: ‘It Opens a New Chapter in the Battle for Clear Regulations’
The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the recent...
Circle’s Stablecoins Now MiCA Compliant
Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA)...
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and...
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto...
Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses
The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license...
Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider...
Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says
Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next...
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to...
Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’
Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.”...
ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design...
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the...
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope...
US Government to Report Seized Crypto as ‘Nonmonetary Property’
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while...
New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors....
Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations....
Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date...
Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments...
SEC’s Crypto Enforcement Chief Departs After 9 Years
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement...
SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds...
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from...
