Regulation

Coinbase has recently expressed its strong opposition to the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). This proposal has sparked controversy within the industry, with Coinbase and other key players voicing concerns over the potential negative impact on innovation and regulatory burdens. In a

Recently, Tyler Winklevoss, co-founder of Gemini, took to X to voice his concern about what he refers to as the “reset” of Vice President Kamala Harris’ crypto stance. In his post, Winklevoss didn’t hold back, labeling the entire situation as a “scam.” This critique comes in the wake of the Federal Reserve’s recent actions against

Thailand’s Securities and Exchange Commission (SEC Thailand) has taken a significant step towards fostering innovation in the financial sector with the launch of the Digital Asset Regulatory Sandbox. This initiative is designed to support the testing and development of services related to digital assets in a structured environment that encourages the exploration of innovative solutions

OKX CEO Star Xu recently issued a warning to users about the potential risks associated with interacting with the sanctioned crypto mixer Tornado Cash. In his statement, Xu highlighted that deposits from sanctioned entities such as Garantex and Tornado Cash, as well as withdrawals to these entities, could trigger compliance risks and potentially lead to

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