Regulation
JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices
The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with...
Read moreProsecutors Recommend up to 50-Year Prison Sentence and $11,000,000,000 Money Judgment for Sam Bankman-Fried
Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay...
Read moreU.S. Federal Reserve Lists a CBDC as One of Its ‘Key Duties,’ Warns Pro-Crypto Congressman Tom Emmer
The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its “key duties” in a document...
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Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms
The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual...
Read moreFormer Binance CEO Changpeng Zhao Forced To Surrender Passport to US Authorities Before Pretrial
A U.S. district court judge ordered former Binance CEO Changpeng Zhao to hand over his passports and travel documents as...
Read moreUK Judge Rules Craig Wright Is Neither Bitcoin Creator Satoshi Nakamoto nor the BTC White Paper Author
A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin...
Read moreBinance Executives Held in Custody in Nigerian Capital Amid Probe From Government: Report
Two Binance executives are being detained against their will in Abuja, Nigeria, according to a Wired report. The report says...
Read moreFDIC Vice Chair Calls for Crypto Regulatory Clarity, Says Tokenization Enables ‘Far-Reaching’ New Functions
The tokenization of real-world assets offers “far-reaching” new functions, according to Travis Hill, the vice chair of the U.S. Federal...
Read moreCrypto Giant Grayscale Files With SEC for New Bitcoin Mini Trust Spin-Off Product
The financial giant behind the Grayscale Bitcoin Trust (GBTC) is filing a new BTC product with the leading United States...
Read moreFirms in Hong Kong Looking To Issue Ethereum (ETH) ETFs Before US Gets Approval: Report
Firms in Hong Kong reportedly hope to leapfrog US companies and get a leg up on the market by rolling...
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