Coin Cafe to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts
Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing Bitcoin...
Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and...
US House stablecoin hearing focuses on competing bills for regulation
State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House...
Congressional crypto hearing illustrates political stalemate on digital assets
On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The...
Italy sets aside millions for workers at risk of AI replacement
Italy’s back and forth with the emergence of artificial intelligence (AI) continues, after lawmakers in the country announced funds for those at risk of losing...
Wells Fargo to pay $1B in shareholders lawsuit settlement
Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank...
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
Ripple will participate in the Hong Kong Monetary Authority’s (HKMA’s) digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program by showcasing a...
BREAKING: Binance Australia halts AUD bank transfers
Binance Australia has halted all Australian Dollar deposits. Users can still buy and sell cryptocurrencies using credit or debit cards. Binance Australia is working towards...
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that suggested crypto should be regulated...
Ripple case: SEC Hinman docs could become public by June 6, lawyer suggests
Defense lawyer and former federal prosecutor, James K. Filan, expects the infamous Hinman Speech documents to be released to the public by June 6, citing a...