SEC revises $22M punishment against LBRY, seeks $111K instead
The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able...
‘Significant risk’ of US Treasury running ‘out of funds’ soon: Report
The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as...
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin...
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the...
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El Salvador’s...
Binance announces its exit from Canada
Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges to seek approval before allowing...
Binance calls it quits in Canada, blames new rules
Binance will withdraw from the Canadian market, the cryptocurrency exchange announced on Twitter on May 12. It called its withdrawal “proactive” as new guidance issued...
Coinbase establishes advisory council with former US lawmakers
Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many...
The US should promote USDC — before it’s too late
Ignore the doomsayers. The United States is still the world’s leading economy and will remain so in the future. With its global talent pool and...
President Biden announces nominations for key positions at Federal Reserve
United States President Joe Biden has announced his nomination of two people for key positions on the Federal Reserve, including a new Fed governor and...