Lawmakers call for stablecoin regulation, criticize SEC’s enforcement approach
Congresswoman Maxine Waters, the leading Democrat on the House Financial Services Committee, called for a bipartisan agreement on stablecoins by...
Regulations
SEC Chair Gary Gensler Says Crypto Industry Rife With ‘Hucksters’ and ‘Grifters’: Report
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is reportedly highlighting what he thinks is wrong...
Australia moves to license crypto firms to bolster market security
The Australian Securities and Investments Commission (ASIC) is set to implement a licensing regime for crypto service providers in the...
Vice President Kamala Harris Wants To Encourage Crypto and AI As Part of ‘Opportunity Economy’ Agenda: Report
US Vice President and Democratic Presidential nominee Kamala Harris reportedly pledged to support the crypto and artificial intelligence (AI) industries...
Swiss crypto bank Sygnum secures license in Liechtenstein for EU expansion
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary.According...
Bitcoin (BTC) Will Thrive Regardless of US Election Outcome, Says VanEck’s Matthew Sigel
An analyst from one of the biggest asset managers in crypto says any result of the November election will end...
US Judge Orders Convicted Fraudster To Pay $36,000,000 in Connection to Crypto and Forex Schemes
A US judge this week ordered a convicted fraudster to pay a $5 million civil penalty and $31 million in...
Billion-Dollar Bank Paying $27,760,000 Fine for Allegedly Placing Customers’ Access To Employment, Housing and Credit at Risk
The Consumer Financial Protection Bureau (CFPB) is accusing TD Bank of repeatedly placing its customers’ ability to access employment, housing...
JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge
US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to...
SEC won’t judge ‘merits’ of Trump’s DeFi project, but same regulatory issues await
Former President Donald Trump’s DeFi project, World Liberty Financial, will not be exempt from the stringent and opaque regulations imposed...
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