Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank […]
Lawyer John Deaton, who represents numerous XRP token holders in the Ripple- Securities Exchange Commission (SEC) lawsuit, has formally submitted his notice of appearance as an Amicus Curiae in the LBRY lawsuit. According to a […]
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will refund the money to investors and pay a $1 million fine. SEC recently charged Impact […]
The United States is one of — if not the worst — place to launch a cryptocurrency startup in the world right now, according to Ripple CEO Brad Garlinghouse, whose firm is in a legal […]
India was long thought to be planning a complete ban on cryptocurrencies. However, in the just concluded G20 Summit, India joined other G20 nations to support IMF-FSB joint recommendations for cryptocurrency guidelines. Crypto investors in […]
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SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory did not deny nor agree to the charges, but accepted a $6.1 million fine. The […]
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also has plans for major partnerships with banking providers and seeks to expand its products and […]
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of the world. The crypto exchange recently revealed that its users in Belgium will access its […]
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has received clearance for payment processing include Arizona, Maryland, and Georgia. Elon Musk has previously hinted […]
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