A Family Affair: FTX Goes After Sam Bankman-Fried’s Parents
The cryptocurrency exchange FTX is now going after the parents of the controversial founder and CEO Sam Bankman-Fried, a move that has escalated the unusual family affair.
regulation
Nine US senators support Elizabeth Warren’s crypto legislation.
Nine US senators have publicly declared their support for Sen. Elizabeth Warren’s bill to promote the development of a United States-based cryptocurrency and blockchain industry. The bill has been widely praised as a positive step forward for the US economy.
Ripple CEO: Crypto regulation is coming. Prepare now.
At a recent conference, Ripple CEO Brad Garlinghouse proclaimed a groundbreaking message to the crypto community: “We need to officially engage with the regulatory authorities and build trust with them.” Will this mark the start of a new era of proactive compliance?
Senators present groundbreaking plan to regulate AI.
In a historic move, Republican and Democratic Senators have released a joint plan outlining a comprehensive approach to regulating the use of artificial intelligence in the U.S.
Yes: Regulators should zoom in on DeFi developers for oversight.
Amidst an onslaught of development in the DeFi ecosystem, top-level securities firms are now encouraging regulators to move in and provide oversight. Doing so, the firms say, is essential to build long-term confidence in DeFi and protect users.
. TRYB token surges to become world’s second-largest stablecoin, backed by Turkish lira.
Turkey’s new lira-backed TRYB token has become the world’s second-largest non-dollar-pegged stablecoin, offering an alternative to traditional currency for users worldwide.
Why The U.S. Judiciary Classified Cryptos as Commodities?
The debate over the legal classification of cryptocurrencies in the United States has come to an end. On July 22nd, the U.S. judiciary announced its decision to categorize digital tokens as commodities. This groundbreaking decision will have a significant impact on the future of cryptocurrency trading in the U.S.
Bitcoin Cash surges 17% as Grayscale wins SEC ETF case.
Bitcoin Cash saw a jump of 17% on Tuesday, after Grayscale Investments won its case against the US Securities and Exchange Commission (SEC) over their Bitcoin ETF application.
Tornado Cash Devs Are Caught in a U.S. Dragnet
U.S. authorities have recently cast their sights on the development team behind the privacy-focused decentralized finance protocol “Tornado Cash.” The developers face allegations of operating an unregistered money services business.
FCA’s Crypto Travel Rule sparks debate.
FCA has created a new travel rule which allows passengers to buy tickets with crypto. This has been met with both praise and criticism, as some see the ruling as a step forward for cryptocurrency, whilst others view it as a risky gamble.