PayPal Faces SEC Subpoena over PYUSD Stablecoin
PayPal has recently gone under the scrutiny of the United States Securities and Exchange Commission (SEC) as the Enforcement division issued a subpoena related to...
FCA Unveils Fresh Guidance amidst Crypto Marketing Turmoil in the UK
The Financial Conduct Authority (FCA) has updated its guidance for cryptoasset firms, following recent legislative changes that bring crypto promotions targeting UK consumers under its...
Gemini Sues Genesis over $1.6 Billion Dispute in GBTC Shares
In a legal battle that has been simmering since last year, the cryptocurrency exchange Gemini has taken its dispute with digital asset lender Genesis to...
Coinbase Welcomes US Investors to Crypto Futures Trading
Coinbase has opened crypto futures trading to eligible US investors. This development, unveiled in a recent blog post, followed the crypto exchange’s achievement of regulatory...
SafeMoon Executives Hit with SEC Charges for Alleged “Massive Fraudulent Scheme”
The US Securities and Exchange Commission (SEC) has filed charges against SafeMoon, its Founder Kyle Nagy, SafeMoon US, and the company’s top executives, John Karony...
US Bankruptcy Court Approves Crypto Exchange Bittrex’s Shut Down
Crypto exchange Bittrex received the green light from the US bankruptcy court yesterday (Monday) to shutter its US operations. The Judge also approved the exchange’s...
BitGo Secures German Crypto Custody License from BaFin
BitGo, a U.S.-regulated cryptocurrency custody firm, obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). This development secures BitGo’s presence in...
UK Clarifies FCA’s Incoming Role in Regulating Stablecoins
The United Kingdom government has published today (Monday) an updated version of its plans to regulate the fiat-backed stablecoins, revealing the approach of the Financial...
Swiss Banks Collaborate on Digital Swiss Franc Bonds with Wholesale CBDC
SIX, the Swiss National Bank (SNB), and six commercial banks have embarked on a pilot project with a focus on tokenized central bank money for...
Spain Accelerates Path to MiCA: Crypto Regulations to Start in 2025
The Spanish Ministry of Economy and Digital Transformation has announced the European Union’s Markets in Crypto-Assets (MiCA) Act. The first comprehensive crypto regulatory framework in...