Regulation

The addition of options features to spot Bitcoin exchange-traded funds (ETFs) in the US is a topic of discussion, with varying predictions on when this development may occur. Bloomberg ETF analyst James Seyffart has indicated that these features could be introduced as soon as the fourth quarter of this year. However, there is also speculation

After a four-year legal battle, Ripple has been hit with a $125 million fine by the US Securities and Exchange Commission (SEC). This decision came from District Judge Analisa Torres from the District Court of the Southern District of New York. The court partially rejected the SEC’s motion for remedies, which originally sought over $2

The US Securities and Exchange Commission (SEC) has taken a strong stance against Coinbase’s motion for additional discovery in their ongoing legal dispute. The SEC argues that Coinbase’s demands for documents are excessive, irrelevant, and overly burdensome. In a memorandum filed on Aug. 5, the SEC made it clear that the information sought by Coinbase

Senator Cynthia Lummis (R-WY) recently took to social media to express her concerns about the Biden administration’s proposed 30% tax on Bitcoin miners. In her post, she referred to this tax as a “dangerous scheme” that would have detrimental effects on innovation within the industry. Lummis argued that such a high tax rate would not

Russian President Vladimir Putin recently expressed concerns about the impact of crypto mining on the country’s power supply. He highlighted the uncontrolled electricity consumption by Bitcoin and other crypto mining facilities, leading to power shortages in regions such as the Irkutsk region, Buryatia, and Trans-Baikal Territory. This issue, according to Putin, could have serious consequences

Joey Garcia, the Director and Head of Regulatory Affairs at Xapo Bank, has been instrumental in shaping the regulatory landscape for digital assets. His journey began in 2014 when he partnered with Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite facing initial skepticism, Garcia and his team persisted, ultimately leading to

US Senator Cynthia Lummis (R-WY) recently announced a groundbreaking proposal to supercharge the US dollar and address the national debt crisis by creating a strategic Bitcoin reserve. This proposal, known as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act,” aims to establish a transparent management system for the Federal Government’s Bitcoin

Recently, The Bahamas Securities Commission announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024). This legislation comes nearly two years after the collapse of FTX, a major crypto exchange headquartered in the country. The collapse of FTX raised questions about the effectiveness of the nation’s crypto regulations and caused a

Jonathan Mann and Brian L. Frye have taken a bold step by filing a lawsuit against the US Securities and Exchange Commission (SEC) regarding the classification of NFTs representing digital art as securities. Mann, famous for creating a song daily for over sixteen years, expressed his protest by stating, “This song is a security.” The

The recent charges brought by the US Securities and Exchange Commission (SEC) against Nader Al-Naji, the founder of the BitClout blockchain protocol, have shed light on a fraudulent scheme allegedly orchestrated by him. The SEC claims that Al-Naji amassed over $257 million from investors through the unregistered offering and sale of crypto asset securities under