SafeMoon CEO bail release goes on hold after Feds cite flight risk
Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections.
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Pennsylvania crypto mining permit halt cut from bill after union pressure
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee.
What happens if SEC doesn’t appeal Grayscale spot Bitcoin ETF ruling?
The SEC must appeal Grayscale’s win in a D.C. Appeals Court on Oct. 13, or it will have to approve — or try to delay — the firm’s Bitcoin ETF…
US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws.
SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test.
Kraken Looks to Move Into The Stock Market: Report
Kraken, one of the oldest crypto exchanges on the market with over 12 years active in the field, will reportedly expand its horizons and begin offering stock exchange trading services…
Galaxy Digital Turns to Europe for Crypto Growth Amid Regulatory Struggle
Amid increased regulatory scrutiny in the United States, Europe has become an attractive destination for crypto firms. Galaxy Digital, the crypto venture led by US billionaire Mike Novogratz, is now…
US ‘the only country’s crypto startups should avoid, says Ripple CEO
Brad Garlinghouse says Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies that he thinks the U.S. should adopt.
DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols
The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols.
Tether (USDT) Owns More US Treasury Bills Than Mexico, Spain, Australia: Ardoino
Tether is one of the leading global purchasers of US Treasury bills. According to Paolo Ardoino, the stablecoin issuer’s chief technology officer, USDT has now amassed a substantial $72.5 billion in…
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