Regulation
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week. Source link
Regulation
Regulation
Sui Blockchain Developer Signs Deal With Alibaba Cloud
Alibaba Cloud offers a suite of cloud computing services, including elastic computing, database, storage, large-scale computing and application services. In December, Alibaba Cloud announced its Blockchain Node Service, which provides Web3 developers with scalable, efficient […]
Regulation
Yuga Labs Co-Founder Says First Bitcoin NFT Auction Doesn’t Open Door to Scammers
Solano, however, said Yuga’s decision to use the Bitcoin blockchain is the company’s effort to be more transparent. By being explicit, the company could then “set the best precedent … given the constraints of running […]
Regulation
A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF
The core argument in favor of approving a spot bitcoin ETF, at least at this time, is that the SEC’s concerns about manipulation are literally inconsistent – and possibly in violation of the Administrative Procedure […]
Regulation
Coinbase Sued by Customer Who Says Exchange Refused to Reimburse Him for $96K Lost in Hack
“Customers … are responsible for any activity that occurs when those devices or passwords are compromised,” Coinbase told Ferguson in an email, according to the court filing. It added, “Please note you are solely responsible […]
Regulation
‘Tonight Show’s’ Jimmy Fallon Files to Be Removed From Subpoena in Bored Apes Trademark Case
Fallon’s lawyer, Dana Seshens, argued that the motion should be denied because it places an undue burden on Fallon, and the same documents and information have already been sought from Yuga Labs and its alleged […]
Regulation
FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved
FLEX, the native token of the CoinFlex exchange, has risen by 21% after it emerged that a restructuring plan in the Seychelles had been approved. Source link
Regulation
Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal
“The events of the last year have made it clear that legitimate crypto and DeFi projects with a long-term strategy can no longer afford to operate outside the bounds of TradFi regulatory frameworks,” said Republic […]
Regulation
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, […]
Regulation
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges. Source link