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Regulations

US CFTC Cracks Down on Crypto Exchanges Violating Trading Laws

by Isaac Wright
US CFTC Cracks Down on Crypto Exchanges Violating Trading Laws

Following the conclusion of the extensive investigation and pursuit of cryptocurrency exchange giant Binance, reports suggest that the U.S. Commodity Futures Trading Commission (CFTC) now intends to pursue other platforms …

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SEC Records Second-Highest Financial Remedies of Nearly $5 Billion in FY 2023

by Isaac Wright
SEC Records Second-Highest Financial Remedies of Nearly  Billion in FY 2023

The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from …

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Former SEC General Counsel Denies Regulatory Discord Between Agency and CFTC in Crypto Oversight

by Isaac Wright
Former SEC General Counsel Denies Regulatory Discord Between Agency and CFTC in Crypto Oversight

The United States has persistently stumbled in delivering clear regulatory guidance for digital assets. The Securities and Exchange Commission (SEC) presides over instruments and assets deemed as securities, while the …

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NYDFS Releases Guidance on Listing and Delisting of Crypto Assets

by Isaac Wright
NYDFS Releases Guidance on Listing and Delisting of Crypto Assets

The New York State Department of Financial Services (NYDFS) has published a set of new rules guiding the listing and delisting of digital assets to ensure the activities of crypto …

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Opyn Co-Founders Step Down Amid Regulatory Pressures

by Isaac Wright
Opyn Co-Founders Step Down Amid Regulatory Pressures

The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against …

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Eating Recovery Center ignored patients’ repeated suicide attempts

by Akin Smith
Eating Recovery Center ignored patients’ repeated suicide attempts

Two young patients repeatedly attempted to kill themselves in a three-week span earlier this year at a leading Denver eating disorder clinic after a doctor told staff to ignore their …

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Potential Implication of SBF Verdict on Crypto Leaders

by Isaac Wright
Potential Implication of SBF Verdict on Crypto Leaders

The recent conviction of Sam Bankman-Fried (SBF) marks a pivotal moment in the cryptocurrency industry, carrying significant implications for its leaders and stakeholders. As the founder of the now-defunct FTX …

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FTX Saga Exposes Regulatory Gaps as Recovery Efforts Continue

by Isaac Wright
FTX Saga Exposes Regulatory Gaps as Recovery Efforts Continue

Since FTX’s bankruptcy on November 11, 2022, significant developments have unfolded. FTX founder Sam Bankman-Fried has been swiftly convicted on seven criminal charges, potentially facing a prison sentence of up …

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India Loses $420 Million in Potential Revenue Due to 1% TDS

by Isaac Wright
India Loses 0 Million in Potential Revenue Due to 1% TDS

The Indian government has lost $420 million in what could have been a substantial revenue stream as a result of its taxation, forcing traders to move their transactions outside the …

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US Senator Ted Budd Introduces Keep Your Coins Act

by Isaac Wright
US Senator Ted Budd Introduces Keep Your Coins Act

In a move aimed at preserving the autonomy of cryptocurrency users and safeguarding their ability to self-custody digital assets, U.S. Senator Ted Budd (R-NC) has introduced the Keep Your Coins …

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