The cypro scams amounted to about 9% of the total fake investment platforms taken down in the first year of its investment scam disruption program.
The law appears more corporate-friendly, but the implications for consumers are a bit murkier.
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations.
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization.
Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.
Jeremy Allaire discussed his impressions of Harris campaign representatives on crypto after attending a video call with industry leaders, White House officials, and US lawmakers.
Representatives from Coinbase, Kraken, Ripple and Circle reportedly attended a video call with US policymakers to discuss their approach to crypto regulation.
The meeting underscores the crypto industry's growing political influence and the need for clear regulatory frameworks as elections approach.
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The resolution of the SEC vs. Ripple case could set a precedent for future regulatory actions in the cryptocurrency industry.
The post SEC vs. Ripple lawsuit nears conclusion after $125 million fine imposition appeared first on Crypto Briefing.
The increasing focus on crypto policy in the 2024 presidential race underscores the sector's significant political and economic influence.
The post Democrats set ‘Crypto for Harris’ campaign in motion as crypto policy heats up US elections appeared first on Crypto Briefing.
As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says Thomas Gentle, Compliance Officer, Quadrata.
The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.
Missouri, Washington and Michigan residents will be able to vote in primaries for specific candidates backed or opposed by crypto interest groups.
Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation.
Trump's crypto endorsement underscores the rising significance of digital asset policy in US politics, influencing voter priorities and campaign strategies.
The post Trump touts crypto as potential solution to US debt, Harris campaign shares remarks appeared first on Crypto Briefing.
The race between presumptive Democratic nominee Kamala Harris and Donald Trump is expected to be close in November — could crypto make a difference?
The race between presumptive Democratic nominee Kamala Harris and Republican nominee Donald Trump is expected to be close in November — could crypto make a difference?
Jonathan Mann, known for creating a song daily for over sixteen years, and conceptual artist Brian L. Frye have filed a lawsuit against the US Securities and Exchange Commission (SEC). The case centers on whether NFTs representing digital art, such as those created by Mann and Frye, should be classified as securities under US law. […]
The post Songadaymann sues SEC after using NFTs to sell songs he writes every day appeared first on CryptoSlate.
The US Securities and Exchange Commission (SEC) has filed charges against Nader Al-Naji, the founder of the BitClout blockchain protocol, currently known as Decentralized Social (DeSo). Al-Naji is accused of orchestrating a fraudulent scheme involving the unregistered offering and sale of crypto asset securities, amassing over $257 million from investors under false pretenses. In a […]
The post SEC charges BitClout/Decentralized Social founder with civil securities, wire fraud appeared first on CryptoSlate.
Goldman Sachs CEO David Solomon said Bitcoin could “very well” serve as a store of value akin to gold but reiterated his cautious stance toward the flagship crypto. In a July 30 CNBC interview, Solomon said he has never been a critic of Bitcoin, but he still views it primarily as a speculative investment without […]
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Russia's crypto regulation efforts underscore the increasing role of digital assets in geopolitical and economic strategies amid US sanctions.
The post Russia moves to regulate crypto as US sanction pressures rise appeared first on Crypto Briefing.
Scaramucci's support for Trump's Bitcoin policies highlights the need for bipartisan cooperation in crypto regulation despite political risks.
The post SkyBridge’s Anthony Scaramucci backs Trump’s Bitcoin policies but urges caution appeared first on Crypto Briefing.
The Fed's decision to drop enforcement against Silvergate highlights ongoing regulatory scrutiny in the crypto banking sector, with the SEC still pursuing legal action.
The post Fed drops enforcement action against Silvergate appeared first on Crypto Briefing.
Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.
Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District.
The 78-year-old Republican nominee responded to reports suggesting he was considering the two financial CEOs for his cabinet.
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty.
Despite endorsements from major party leaders, the top and bottom of the Democratic presidential ticket have yet to be fixed.