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regulation
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin. 87 Total views 1 Total shares Crypto firm Paxos has secured in-principle approval from Abu…
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. 298 Total views 3 Total shares A federal judge has accepted materials from Jump Crypto Holdings in…
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether's price has increased by 2.5%, while the total market capitalization…
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics. Amid ongoing campaigns for the elections in 2024, many United States…
Court unseals indictments against Binance and CZ, detailing expected guilty pleas
The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21. 588 Total views 11 Total shares A federal court has released…
How to manage crypto losses on tax returns in the US, UK and Canada
Cryptocurrency taxation is a subject of increasing importance, with governments worldwide working diligently to establish clear rules for taxing digital assets. In the United States, the United Kingdom, and Canada, crypto holders navigate…
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram. 168 Total views 13 Total shares The United States Federal…
Ethereum options data show pro traders ready to go long into ETH’s Merge
Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the "Ethereum merge" transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on July 14,…
European banking regulator sees ‘major concern’ in retaining staff to handle crypto:…
José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space. 113 Total views 4 Total shares The chair of the European Banking…
Crypto Council for Innovation hires government insiders to build leadership team
Linda Jeng and Brett Quick will be joining the council in support of its policy and regulatory affairs team. 48 Total views 39 Total shares The Crypto Council for Innovation, or CCI, a crypto advocacy group that establishes dialogues…
