Regulation

Over the past few years, the rise of cryptocurrencies has brought about several innovations, one of which is cryptocurrency mixers. These mixers, also known as tumblers, were initially designed to protect the privacy of users with significant funds. However, the increasing exploitation of mixers for illicit financial activities has raised concerns among financial authorities in

The trial against Terraform Labs and its former top executive has been delayed by the U.S. Securities and Exchange Commission (SEC), according to Reuters. This delay comes as a result of Terraform Labs’ co-founder, Do Kwon, expressing his intention to attend the trial. Kwon has agreed to extradition from Montenegro and could potentially arrive in

South Korea’s Financial Services Commission (FSC) recently expressed concerns about domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs), suggesting that these firms might be violating local laws. The FSC acknowledged that the country is working on creating a regulatory framework for the emerging crypto industry, but cautioned that brokerage services for these foreign

Grayscale made a bold move on January 11th by submitting a filing for a Bitcoin covered call ETF. The filing, observed through external reports and a statement from Grayscale CEO Michael Sonnenshein to Reuters, signifies the company’s dedication to expanding and improving their product offerings. Sonnenshein emphasized that the filing should be seen as a

The United States Securities and Exchange Commission (SEC) has granted approval for Grayscale’s spot Bitcoin ETF proposal, marking a significant milestone for both Grayscale and the potential of cryptocurrencies to revolutionize our future. The CEO of Grayscale, Michael Sonnenshein, expressed his gratitude towards GBTC investors and acknowledged the tireless efforts of Grayscale and its partners

A comprehensive report titled “Decentralized Finance” has been released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee. The report sheds light on the risks and challenges inherent in the rapidly growing field of Decentralized Finance (DeFi). Spearheaded by CFTC Commissioner Christy Goldsmith Romero, the report raises critical concerns regarding the lack of clear responsibility

The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has issued a cautionary advisory to investors regarding the risks associated with crypto asset investments. In a recent post on social media platform X, Gensler highlighted the potential dangers of investing in cryptocurrencies, citing regulatory non-compliance, volatility, and potential fraudulent activities as key concerns. One

TechCrunch reporter Jacquelyn Melinek recently provided an update on the expected timeline for spot Bitcoin exchange-traded fund (ETF) approvals. In her previous statement, Melinek hinted at potential approval but did not explicitly state it. However, in a new message on X, she postponed the expected date and mentioned that approvals could now be next week.

In a move to harness the potential of artificial intelligence (AI) while ensuring its safe and responsible use, Senator Steve Padilla (D-San Diego) has proposed new legislation in California. The proposed bills, Senate Bills 892 and 893, aim to establish a robust and ethical AI framework in the state, particularly in relation to state contracts.

The United States Securities and Exchange Commission (SEC) is reportedly on the verge of informing spot Bitcoin ETF applicants of their approval within the coming days, with the potential announcement to be made on January 2 or January 3, according to a Reuters report on December 29. This news has caused ripples of excitement within