The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently,...
China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong – CoinJournal
Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level...
Sen. Warren to reintroduce AML bill extending to DeFi and DAOs
Senator Elizabeth Warren first introduced the AML Act of 2022 on December 15, 2022. The first bill was read twice and referred to the Senate...
Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million...
Crypto regulation decided by Congress, not the SEC: Blockchain Association
Despite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal reality” and Congress will ultimately decide crypto regulations the...
SEC to target crypto firms operating as ‘qualified custodians’ — Report
The United States Securities and Exchange Commission (SEC) is reportedly planning to propose new rule changes this week that could impact what services crypto firms...
OFAC-compliant blocks on Ethereum hit three-month low of 47%
The percentage of Ethereum blocks complying with orders set by the United States Office of Foreign Asset Control (OFAC) has now fallen to 47% —...
Circle blew the whistle on Binance reserves to NYDFS: Report
New York State’s Department of Financial Services, or NYDFS, reportedly received a complaint from stablecoin issuer Circle regarding Binance’s reserves prior to its crackdown on...
Regulation comes for crypto staking: Law Decoded, Feb. 6–13
Last week, the United States Securities and Exchange Commission (SEC) reached an agreement with cryptocurrency exchange Kraken. The latter will stop offering crypto staking services...
Cathie Wood spends another $9.20 million on Coinbase stock
Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase...