U.S. Regulation

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,…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year ago

Gensler Reacts as SEC Drops Ripple XRP, Coinbase Cases

Former SEC Chairman Gary Gensler spoke about the U.S. Securities and Exchange Commission (SEC) suddenly dropping its legal cases against…

1 year ago

Panama City to Accept Bitcoin, ETH, Stablecoins for Taxes, Fees & Permits

The Panama City council has voted to become the first public institution of government to accept cryptocy payments for taxes,…

1 year ago