SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
In a year of crypto upheavals, the United States Securities and Exchange Commission’s settlement with crypto exchange Kraken, announced on Feb. 9, set off yet...
SEC says Do Kwon cashed out $100 million from Bitcoin stash
Do Kwon reportedly held 10,000 BTC in a cold wallet. The now fugitive Terraform Labs founder reportedly cashed out a massive $100 million worth of...
Russia to roll out CBDC pilot with real consumers in April
The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023.Russia’s...
‘Wild’ — SEC going after Terra sparks responses from crypto lawyers
Terraform Labs and its founder, Do Kwon, are in the sights of the United States Securities and Exchange Commission (SEC), which has sparked various reactions...
Terra LUNA price plunges: SEC charges Terraform Labs for fraud
The SEC has charged Terraform and its founder with fraud. The SEC accuses Terraform Labs of embezzling billions of dollars from investors. The news has...
The Bank of Japan to launch its CBDC pilot before May
Japan, a nation where foreign stablecoins like Tether (USDT) are prohibited, plans to begin its central bank digital currency (CBDC) pilot in April 2023. It...
Japan set to launch its digital yen pilot
Japan has been conducting proof-of-concept (PoC) experiments on its CBDC for the last two years. The Japan central bank now says that the project is...
Oman to establish regulatory framework for virtual assets
The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the...
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
The United States Securities and Exchange Commission’s (SEC's) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to...
Sony Network and Astar partner for web3 incubation program
Sony Network and Astar Network have partnered to launch a web3 incubation program. The program will support projects that focus on the utility of NFTs...