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US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler

U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its…

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CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S.…

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SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’

The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed…

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EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for…

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Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome

Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for…

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SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference

At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital…

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Spanish Court Upholds Privacy Watchdog’s Decision to Halt Worldcoin Activities

The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined…

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Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry

The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry,…

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