US Banks Paying $470,000,000 To Regulators Over Widespread Recordkeeping Failures and ‘Off-Channel’ Communication Methods
More than two dozen Wall Street firms including Bank of New York Mellon and Truist have agreed to pay a...
Regulations
EU’s fragmented AI regulatory framework is hampering innovation: Meta and Spotify CEOs
The European Union’s “fragmented regulatory structure” is stifling artificial intelligence (AI) innovation, Meta CEO Mark Zuckerberg and Spotify CEO Danie...
Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts
The crypto and stock markets surged Friday after Federal Reserve Chair Jerome Powell alluded to upcoming rate cuts in a...
Judge Denies Kraken’s Request To Dismiss SEC Claims Alleging the Exchange Operated As Unregistered Securities Broker
A judge shot down Kraken’s request to dismiss claims made by the U.S. Securities and Exchange Commission (SEC) alleging the...
Blockchain industry pushes back against SEC’s sweeping audit trail regulations
The DeFi Education Fund and the Blockchain Association have submitted an amicus brief in support of a legal challenge against...
Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report
Russia is reportedly making plans to launch its very own crypto exchange platforms and stablecoins. According to a new article...
Kraken hit with dual legal, regulatory setbacks in US and Australia
A US federal judge has denied crypto exchange Kraken’s request to dismiss the lawsuit filed by the Securities and Exchange...
SEC pushes back against Richard Heart’s bid to dismiss $1 billion fraud case
The SEC aggressively opposed Richard Heart’s attempt to dismiss a $1 billion fraud case, arguing that his widespread promotion of...
RFK Jr.’s Campaign Suspension Gives Donald Trump a Lead Over Kamala Harris: Polymarket
New data from the decentralized prediction market Polymarket reveals that Donald Trump is leading Kamala Harris in polls after Robert...
Russia to launch crypto exchanges for global trade in Moscow and St Petersburg
Russia is reportedly exploring the establishment of two crypto exchanges to facilitate foreign economic activities, local media outlet Kommersant reported...
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