U.S. Regulation

SEC Drops Probe Into PayPal’s PYUSD Stablecoin

PayPal has emerged from a Securities and Exchange Commission (SEC) investigation into its stablecoin operations unscathed after nearly two years of…

10 months ago

S.E.C. Delays Decisions on Polkadot and Hedera ETFs as Agency Weighs Dozens of Crypto Proposals

The U.S. Securities and Exchange Commission is pushing back its deadline for a few proposals to list and trade crypto…

10 months ago

Nike Accused of ‘Brazen Rug Pull’ in Class Action Lawsuit

An RTFKT buyer in Australia is suing Nike via a proposed class-action lawsuit, accusing the apparel giant of deceptive practices,…

10 months ago

XRP Ledger Developer Kit Compromised With Backdoor to Steal Wallet Private Keys

The U.S. Securities and Exchange Commission has filed a joint stipulation with blockchain tech firm Dragonchain to dismiss the lawsuit…

11 months ago

Hex Founder Richard Heart Claims Victory as SEC Abandons Fraud Lawsuit

Richard Heart says he has "defeated the SEC completely" after the U.S. regulator abandoned its fraud lawsuit against him. The…

11 months ago

Shaquille O’Neal Reaches Settlement in Lawsuit Over Promoting Defunct Crypto Exchange FTX

Basketball legend Shaquille O’Neal has reached a settlement in a lawsuit alleging he “actively participated” in FTX’s offer and sale…

11 months ago

Crypto giants Circle and Coinbase Reportedly Eye US Banking Licenses Amid Regulatory Shift

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the…

11 months ago

Fed Chair Powell Advocates For Stablecoin Regulation, Signals Openness to Crypto Innovation

Federal Reserve Chair Jerome Powell reiterated the need for a regulatory framework for stablecoins and signaled that the Fed has no…

11 months ago

Bank of America Targets Tether, Circle with Stablecoin Push

Bank of America, one of the world’s biggest banks with assets of $284 billion, is attempting to exert more control…

11 months ago

Canary Files For TRON Spot ETF With Staking Feature

Canary Capital has submitted an application for the first US-listed ETF focused on Tron’s TRX token that would include the…

11 months ago