Do Kwon lawyers reportedly dismiss SEC’s securities fraud allegation
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).
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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The…
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad.
Blockchain platform for trading securities OTC moves forward with SEC approval
Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance.
US crypto exchange Bittrex faces potential action from SEC: Report
Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have…
SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’
“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.
‘Nothing is a coincidence with the government,’ claims US lawmaker on Operation Choke Point 2.0
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives.
Fed Expected to Raise Rates 25-50bps: How It Could Affect Bitcoin Price
Fed watchers expect the American central bank to raise the federal funds rate by 0.25 or 0.50 percent. The CME Fed Watch tool has notched up to anticipating a 0.50…
Brooklyn court charges former banker for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.
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