Auto Added by WPeMatico

Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default…

Continue ReadingSingapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison

A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities…

Continue ReadingPaxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison

Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The…

Continue ReadingSupreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations

The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal…

Continue ReadingSEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations

Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry

The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards…

Continue ReadingSupreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s…

Continue ReadingConsensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask