SEC files complaint against Hex founder for allegedly offering unregistered securities
The United States Securities and Exchange Commission has filed a lawsuit against Richard Schueler, better known in the crypto space as Richard Heart, for alleged...
Chinese city implements plan for blockchain digital infrastructure system by 2025
The Chinese city of Shanghai issued an implementation plan on July 31 to promote the development of its urban blockchain digital infrastructure system in the...
Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers...
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven...
D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”
The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that...
GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial...
US banking advocacy group supports Sen. Warren’s reintroduced crypto bill
United States banking advocacy group, Bank Policy Institute, has backed Senator Elizabeth Warrens’ legislation aimed at tackling financial crime, which she first introduced several months...
SEC, Binance unite against Eeon’s lawsuit intervention
The United States Securities and Exchange Commission (SEC) and Binance have submitted responses regarding the entity “Eeon,” which has sought to intervene on behalf of...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users have to scan their irises...
US Senate approves national defense bill that also targets crypto mixers
The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto...