Regulation

Silvergate Capital recently settled with the Securities and Exchange Commission (SEC) for $50 million, while facing demands from Federal Reserve governors and California financial regulators for an additional $63 million in fines. This settlement came as a response to claims that the company, along with its subsidiary Silvergate Bank and two executives, misled investors about

The Head of Digital Assets Research at VanEck, Matthew Sigel, has confirmed speculation that the company’s Solana spot ETF proposal is based on a political bet on Donald Trump winning the US presidency. The deadline for VanEck’s application is set for March 2025, which extends beyond the aftermath of the US Presidential elections in November.

The Bahamas is taking steps to ramp up adoption of its central bank digital currency, known as the “Sand Dollar.” According to Reuters, the country’s central bank governor, John Rolle, announced plans to provide access to the CBDC through commercial banks. Rolle revealed that the country aims to establish regulations within the next two years

In a significant development for the cryptocurrency industry, Circle announced on July 1 that it has secured an e-money license from France. This milestone makes Circle the first global stablecoin issuer to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations. The license, granted by France’s financial regulator, the Autorité de Contrôle Prudentiel et de

Vitalik Buterin, one of the co-founders of Ethereum, has once again raised concerns about the current state of cryptocurrency regulation, particularly in the United States. His recent remarks on the decentralized social media platform, Warpcast, shed light on a regulatory paradox that he believes is hindering the growth and integrity of the industry. Buterin pointed

The landscape of digital finance is constantly evolving, presenting new challenges and opportunities for regulators worldwide. The emergence of crypto assets has brought about a need for proactive frameworks to ensure consumer protection and financial stability. One of the key players in this space is the European Union, which has introduced the Markets in Crypto-Assets

The recent decision by the US Supreme Court to overturn the Chevron doctrine has significant implications for the regulation of cryptocurrencies. Economist Timothy Peterson highlighted the importance of this ruling, stating that it limits the Securities and Exchange Commission’s (SEC) interpretive power against Bitcoin. This decision could lead to a more balanced legal landscape for

Paradigm, a prominent player in the cryptocurrency space, recently voiced concerns over the European Securities and Markets Authority’s (ESMA) proposed regulations under the Markets in Crypto Assets Regulation (MiCA). Specifically, the firm took issue with ESMA’s interpretation of Maximum Extractable Value (MEV) and the potential consequences of the regulatory measures on the broader crypto ecosystem.

Keisha Lance Bottoms, who is set to become Joe Biden’s senior campaign adviser, recently emphasized that crypto is a nonpartisan issue. In her statement to the media, she highlighted that crypto has garnered bipartisan support and has become a unifying topic that resonates with voters across the United States. Bottoms pointed out that crypto and

Abra and its CEO, William “Bill” Barhydt, recently reached a settlement with 25 US state regulators for offering crypto trading services without appropriate licenses. This settlement involves a significant amount of money and several conditions that Abra must abide by in order to rectify the situation. One of the key aspects of the settlement is