Founder of Crypto Lending Platform Celsius Sentenced to 12 Years in Prison for Fraud
The founder of the collapsed crypto platform Celsius has been sentenced to 12 years behind bars. Alexander Mashinsky was initially...
Regulations
Gemini secures license to expand EU crypto derivatives offerings
US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA),...
Ripple CEO warns of US falling behind without stablecoin regulation
Ripple CEO Brad Garlinghouse has called on US lawmakers to accelerate efforts to establish a clear regulatory framework for stablecoins.In...
President Trump Slams Fed Chair Jerome Powell After Fed Rejects Rate Cut
President Donald Trump is continuing his broadside against Jerome Powell, criticizing the Federal Reserve chair for not slashing interest rates....
SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman...
SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience
The head of the US Securities and Exchange Commission (SEC) Crypto Task Force, Hester Peirce, said the decade-long process that...
GENIUS Act stalls in Senate, lawmakers eye new proposal next week
The Senate denied the motion to invoke cloture on the motion to consider the GENIUS Act bill, which aims to...
Democratic Senators Attempt To Block President Trump’s Crypto Ventures, Citing ‘Grift’ and National Security Risks
Senate Democrats are pushing for new legislation that aims to prevent cryptocurrency-related corruption among top US officials. US Democratic senators...
SEC considers crypto exemption to streamline tokenized securities trading
The US Securities and Exchange Commission (SEC) is reviewing a potential exemption order allowing firms to issue and trade securities...
OCC reaffirms banks’ authority to offer crypto services without prior approval
The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations...
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