SEC has 10 days to respond to Coinbase complaint: Legal exec
According to a May 4 announcement from Coinbase chief legal officer Paul Grewal, the United States Court of Appeals for the Third Circuit responded to...
Nigerian national blockchain policy gets government approval
Nigeria, known to be one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy for Nigeria during...
Hollywood studios reject banning AI from writer’s rooms
Artificial intelligence (AI) brings yet another industry into a hot debate over its usage as Hollywood and the greater media industry faces petitions from the...
UK government targets fraudsters with new ban on cold calls for crypto
The United Kingdom is set to ban cold calls selling financial products, including insurance and cryptocurrencies, to crack down on fraud. The National Crime Agency estimates...
Coinbase unveils a global crypto exchange as crypto crackdown in the US intensifies
Coinbase is a US-based crypto exchange. The move comes amid a growing regulatory crackdown in the US for the cryptocurrency industry. The new arm will...
Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto...
What the Gensler hearing means for US crypto regulation and policy
Gary Gensler, the United States Securities Exchange Commission (SEC) chair, recently appeared before the U.S. House of Representatives Financial Services Committee for a hearing regarding...
First Republic’s crisis is not an isolated incident – suggests JPMorgan exec
An executive at JPMorgan Asset Management is unsure how United States regional banks are “going to operate” when the Federal Deposit Insurance Corporation (FDIC) and...
FDIC pins Signature Bank’s failure on poor governance and illiquidity
The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management and inadequate risk management practices...
FDIC alleges Cross River engaged in ‘unsafe’ lending practices
The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa and Coinbase...