US House committee releases new stablecoin bill draft
The United States House Financial Services Committee has released the third draft of the stablecoin bill presented by its chair, Representative Patrick McHenry. The latest...
EU starts countdown to crypto legislation, adds MiCA to official journal
Publication of the European Union’s crypto law MiCA in its official journal signals the start of the official process of bringing licencing, stablecoin and anti-money...
US senators propose AI bills for transparency and innovation
Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI). On June 8, Democratic Senator...
Crypto exchange OKX burns $244 million worth of OKB tokens
Key takeaways OKX burned 5.5 million OKB tokens in its 20th OKB repurchase and burning program. The crypto exchange burned $244 million worth of its...
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring...
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph.Ripple has...
Chancer to launch token presale for its prediction platform
Chancer, a new company, will launch its token presale on June 13. The company hopes to use blockchain to disrupt the predictions market. Users will...
Moody’s downgrades Coinbase, citing ‘uncertain magnitude’ of SEC charges
Credit ratings agency Moody’s has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly...
Gary Gensler: Crypto market is like 1920s stock market, full of ‘fraudsters’
In a June 8 speech at the Piper Sandler Global Exchange & Fintech Conference, United States Securities and Exchange Commission (SEC) Chair Gary Gensler compared...
Crypto resilient after Binance lawsuit, but BNB hits a 6-month low
Binance Coin has fallen by double digits after SEC initiates investigations on exchange The rest of the crypto sector remains resilient, with AltSignals having potential...