SOL is not a security, says the Solana Foundation
The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission's classification of its native token, Solana (SOL),...
FTX authorized to ‘permanently redact’ customer names from all bankruptcy filings
Bankrupt cryptocurrency exchange FTX has been granted permission to remove individual customers from all court filings in its bankruptcy case. However, the names of companies...
Nigeria’s SEC orders Binance Nigeria Limited to stop operations
Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes...
EU needs further efforts to implement crypto regulations: Btc. x CEO
Christian Anders, the CEO of Btc. x has said that despite the Markets in Crypto Assets (MiCA) being signed into law, the European Union (EU)...
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank took a step forward in its legal battle against the Federal Reserve, as a Wyoming federal judge denied dismissal motions from both the...
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...
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...
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 ads face stricter rules, referral bonus ban by UK FCA
In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would...
EU watchdog targets crypto ads on Instagram, YouTube, TikTok, Twitter
On June 8, the European Consumer Organisation (BEUC) — an umbrella group for 46 independent consumer organizations from 32 countries — published a report titled: “Hype...