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Browsing: Regulation
Tokenized real-world asset platform Superstate announced on Sept. 30 that it has expanded its tokenized short-term U.S. Treasury fund USTB to Base, Coinbase’s Ethereum layer-two network. The expansion is part of a broader push to widen its services across the…
A U.S. court has ordered the operators of Fundsz to pay more than $30 million in restitution after the U.S. Commodity Futures Trading Commission charged them in 2023 with soliciting investors by touting purported algorithm-based returns in cryptocurrencies and commodities,…
The U.S. SEC has charged two investment advisers over a $15 million WhatsApp cryptocurrency fraud case, according to Bitcoinist. The two allegedly used WhatsApp to lure victims into a crypto investment scam and falsely promoted the platform as a safe…
The U.S. Treasury Department’s Office of Foreign Assets Control sanctioned a man identified as one of the FBI’s 10 most wanted fugitives and a member of the Venezuelan criminal group Tren de Aragua. He is accused of using malware to…
Bitwise CIO Matt Hougan said the crypto market rose after the Clarity Act failed, reflecting expectations that the industry could get a more favorable regulatory environment in the near term instead of long-term legislative certainty, according to Crypto Briefing. Hougan…
The U.S. Commodity Futures Trading Commission has asked the White House Office of Management and Budget to review two proposed rules on event contracts, according to Crypto Briefing. The proposals would include event contracts in the definition of swaps while…
U.S. SEC Chairman Paul Atkins said in an interview with CNBC that the agency is working to provide greater market clarity so innovative technologies can be developed in the United States. Atkins added that this goes beyond a simple regulatory…
Petra Tschudin, a board member at the Swiss National Bank, said stablecoins make it harder for monetary policy to be transmitted across the broader economy. Tschudin said stablecoins are less connected to the existing two-tier financial system, which could weaken…
Stand With Crypto, a U.S. cryptocurrency lobbying group with close ties to Coinbase, has released its first list of endorsed Senate candidates, The Block reported. The group said it supports Jon Husted of Ohio, Ashley Hinson of Iowa and Chris…
Blockchain compliance startup Scorechain announced the addition of Sui network support to its cryptocurrency intelligence platform. The update allows compliance teams to monitor wallets, trace fund flows, and screen transactions on the Sui network.