Regulatory

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.

Lawmakers signaled growing acceptance that traditional markets are moving toward tokenization, and had concerns about protecting investors.

Delaware lawmakers unveiled a pair of bills Tuesday aimed at overhauling the state’s banking laws, which their sponsors say would position Delaware at the forefront of digital finance and mark the most significant update to its financial code in more than four decades.

Fidelity said broker-dealers need more clarity to offer, custody and trade crypto assets, and facilitate crypto-security trading pairs.

The popular Solana wallet can now partner with registered exchanges to offer in-app access to derivatives and event contracts without registering as a broker.

So called "pig butchering" scams are happening on an industrial scale. Politicians have noticed.

The dismissal follows the 100% in-kind return of crypto assets to Gemini Earn investors through the Genesis Global Capital bankruptcy process.

UK banks are blocking or delaying roughly 40% of payments to crypto exchanges, raising pressure on the UK’s digital asset sector.

Japan’s Financial Services Agency plans to approve the country’s first cryptocurrency ETFs by 2028, adding digital assets to “specified assets” for investment trusts. Breaking the Barriers Japan’s regulators are reportedly preparing to approve the country’s first cryptocurrency exchange-traded funds (ETFs) by 2028. The Financial Services Agency (FSA) has unveiled plans to add digital assets to […]

“In case you are curious how John Daghita (Lick) was able to steal $40 million plus from U.S. government seizure addresses: John’s dad owns CMDSS, which currently has an active IT government contract in Virginia,” ZachXBT wrote, pointing to a CoinDesk report that CMDSS was awarded a contract to assist the U.S. Marshals Service (USMS) in managing and disposing of seized and forfeited crypto assets.
Blockchain investigator ZachXBT accused John “Lick” Daghita, son of Dean Daghita, president of CMDSS — a firm that says on its website it provides critical services for the Department of Justice and Department of Defense — of stealing the seized digital assets from crypto walltes managed by his father’s company.

There’s a good chance snow will be cleared in D.C. by Thursday’s markup—but a “99%” chance the bill won’t receive any Democratic support, one Senate source said.

The U.S. Department of Justice and the Commodity Futures Trading Commission have closed their investigations into Polymarket

U.S. lawmakers have failed a procedural vote that would have set the terms for voting on major cryptocurrency legislation this week. 

Lawmakers have passed cryptocurrency legislation to create a federal regulatory framework for stablecoins and write rules for the industry.

Businesses that enable the transfer of cryptocurrency will soon be required to meet the same bar as money transmitters in the state of Pennsylvania under a newly signed state law.

The U.S. Supreme Court rejected Monday a cryptocurrency investor’s challenge to an IRS summons for his financial records from the exchange Coinbase, letting stand a First Circuit ruling that upheld limitations on privacy rights for records held by third-party financial institutions.

Federal legislation that could codify stablecoins as payment-related assets — not securities — has the potential to impact the Manhattan U.S. attorney’s $40 billion criminal case against Terraform founder Do Kwon, a federal judge said Wednesday.

U.S. Securities and Exchange Commission Chair Paul Atkins indicated Tuesday that the agency is working toward proposing regulations for the cryptocurrency industry and that a key aspect of the work being done by a recently established crypto task force could be complete within a matter of months.

The new law introduces a licensing regime for stablecoin issuers as the city seeks to balance crypto innovation and investor protections.

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The funds are part of a wave of altcoin-based investment products proposed by issuers in recent months.

Crypto regulation is entering a new era as the SEC commits to ditching aggressive enforcement in favor of crystal-clear rules, unleashing long-awaited momentum for blockchain innovation. Crypto Gets Regulatory Reset as SEC Chair Paul Atkins Prioritizes Clarity Over Crackdowns U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins delivered a pointed message to lawmakers during […]

Chairman Joyce, Ranking Member Hoyer, and members of the Subcommittee. Thank you for inviting me to testify today.[1]

I am grateful for the opportunity to discuss the SEC, including our important mission on behalf of our fellow citizens, investors, …

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many nonfungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.
“Just as streaming platforms pay royalties to the creator of a song or video each time a user plays it, an NFT can enable artists to benefit from the appreciation in the value of their work after its initial sale,” Peirce said.

Ethereum security researchers hackers deployed malware and then forced the multisig holders to "blind sign" a malicious transaction.