New ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency Community
The RESTRICT Act, a new bipartisan bill, has been the subject of controversy among cryptocurrency and technology advocates. While the legislation primarily targets companies like Kaspersky, Huawei, and Tiktok, some…
Gary Gensler to Appear Before Digital Assets Subcommittee
Patrick McHenry the House Financial Services Chairman says that SEC Chief Gary Gensler would appear before digital assets subcommittee addressing the chairmans approach to crypto and digital assets. Gary Gensler,…
Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto
A law firm has published information claiming bank regulators are working with government agencies to purge crypto businesses out of the financial sector A recent white paper published by law…
Elizabeth Warren Wants To Ban Your Crypto Wallet
Elizabeth Warren has introduced an Anti-Money Laundering act would make it mostly illegal for you to use your own crypto wallet. Senator Elizabeth Warren’s proposal to reintroduce the Digital Assets…
Sam Bankman-Fried Faces New Chinese Bribery Charge
An additional indictment was added on Wednesday morning. The trial judge also approved new bail restrictions for Sam Bankman-Fried FTX crypto exchange founder Sam Bankman-Fried is facing new legal troubles…
Binance CZ calls CFTC charges “an incomplete recitation of facts.”
Binances CZ Changpeng Zhao has responded to the civil complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) on March 28. In a blog post on Binance.com he said…
Binance & CEO Zhao Sued By CFTC ‘Willful Evasion’ of U.S. Laws offering Crypto Trading Products
The CFTC is alleging Binance offered unregistered crypto derivatives products to US customers therefore evading compliance controls through the use of VPNs. The U.S. Commodity Futures Trading Commission (CFTC) has…
Crypto Exchange OKX To Leave Canada By June 2023
Crypto exchange OKX set to temporarily pull out of Canada citing “new government regulations“ In a letter to customers, the exchange said existing Canadian users must close open options, margins,…
UK Customers Face Crypto Banking Barrier
Crypto lobbying groups and lawmakers in UK have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are asking the government for help.…
SEC Warns Public About Crypto Assets with Investor Alert
The Securities and Exchange Commission (SEC) has frequently expressed concerns about the perceived risks of crypto-assets and emphasized the need for strict regulation of the industry. However, it was not…