Crypto community reacts to Ledger wallet’s secret recovery phrase service
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea.
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Digital asset market shrinks as fund outflows reach $200M: CoinShares
According to CoinShares, digital asset investment products saw outflows totaling $54 million last week.
US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry.
Binance looks to the UK for regulation amid US crypto crackdown
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the U.S.
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase's chief legal officer requests revisions to SEC's RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto.
New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID.
SEC has 10 days to respond to Coinbase complaint: Legal exec
Coinbase’s legal battle for regulatory clarity over the trading of digital crypto assets saw a development as a U.S. court responded to its complaint against the SEC.
US congressmen chide presidential advisers over crypto stances in economic report
The legislators objected to a chapter of the president’s annual report that they believe diminished the role of Congress and could damage the economy with its hostility to digital assets.
US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues like agency turf wars and regulator fitness in hearings on regulatory gaps.
Bahamas securities watchdog presents comprehensive new draft digital assets act
After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul.
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