Crypto ads face stricter rules, referral bonus ban by UK FCA
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses.
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Polygon president testifies on democratizing the internet with Web3, blockchains
The House Committee explores blockchain and Web3's future, as industry leaders testify on democratizing the Internet and regulatory challenges.
Intuit introduces proprietary large language models for fintech with GenOS
Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data.
Binance.US coins trade at premium amid litigation fears, fiat gateway issues
Stablecoins such as USDT and USDC were trading for 3% to 4% higher than par value at the time of publication.
El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
Volcano Energy said the funds would go toward developing a 241-megawatt power generation park.
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
The full Agriculture Committee heard testimony from CFTC Chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer.
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.
Coinbase stock plunges 20% on SEC lawsuit
The cryptocurrency exchange faces scrutiny from state regulators simultaneous to the SEC litigation.
Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings.
SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
The world’s largest cryptocurrency exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.
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