News with the tag "Law"

The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.

The state regulator ordered the companies on Thursday to shutter their sports-related services for New Jersey residents and void locals’ existing bets.

BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed have been pardoned by President Trump, according to a report.

Trump pardons BitMEX founders, signaling a shift in crypto legal approaches. The pardon reflects a more constructive government stance towards cryptocurrencies. Continue Reading: Trump Grants Pardon to Crypto Executives, Shifting Legal Landscape The post Trump Grants Pardon to Crypto Executives, Shi...

Barely a week after hinting at launching an algorithmic USD stablecoin, Sonic Labs is shuttering its plans. Sonic Labs co-founder Andre Cronje revealed that incoming stablecoin regulation in the US contributes to the change of stance. Sonic Labs Makes U-Turn Over Algorithmic USD Stablecoin In mid-Ma...

Legal expert Fred Rispoli has recently shared insights on the possible reasons behind the US Securities and Exchange Commission’s (SEC) decision to dismiss the XRP case. In addition, XRP lawyers like Bill Morgan have also weighed in on the matter, reflecting on the possible implications of the XRP c...

In a bold move that could reshape the landscape of digital asset regulation in the United States, Ripple, a leading player in the cryptocurrency sphere, has formally requested the Securities and Exchange Commission (SEC) to apply existing legal frameworks to the crypto market. But that’s not all – R...

The world of cryptocurrency regulation remains a hotbed of debate, and recent discussions at the SEC’s first crypto roundtable have only intensified the scrutiny. In a surprising turn, former SEC official John Reed Stark voiced strong opposition to creating new, crypto-specific regulations. But what...

The OCC ends reputational risk evaluations for banks to focus on risk management. New regulations promote objective assessments and transparency in banking. Continue Reading: OCC Takes Bold Steps to Reshape Bank Evaluations for a Fairer Future The post OCC Takes Bold Steps to Reshape Bank Evaluation...

The German regulator stepped in to squash offerings of Ethena's USDe stablecoin, citing "serious deficiencies in the approval procedure."