A jury found Terraform Labs and its former CEO, Do Kwon, liable for fraud on Friday.The decision came a few …
Latest in crypto regulation
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Global Adoption
U.K. Regulators Launch Sandbox to Integrate Distributed Ledger Technology with Financial System
by Terron Goldby Terron GoldThe Bank of England (BoE) and the UK Financial Conduct Authority (FCA) have announced the launch of the Digital Securities Sandbox (DSS) …
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U.S. Regulation
SEC Enforcement Chief Grewal Addresses Crypto Compliance Concerns
by Terron Goldby Terron GoldDuring a recent “SEC Speaks” event, Gurbir Grewal, the Director of the Securities and Exchange Commission’s Division of Enforcement, expressed concerns regarding …
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U.S. Regulation
Following Fidelity’s Lead, Grayscale Looks to Add Staking For its Proposed Ethereum ETF
by Terron Goldby Terron GoldGrayscale Investments is looking to add staking to its proposed spot Ethereum exchange-traded fund, according to a preliminary proxy statement filed …
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U.S. Regulation
Sam Bankman-Fried Sentenced to 25 years in Prison, Judge Rips Him as Power-Obsessed Scammer
by Terron Goldby Terron GoldA Manhattan judge ripped Sam Bankman-Fried as a remorseless scammer obsessed with political power as he sentenced the dethroned crypto …
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U.S. Regulation
Wealth Management Giant Fidelity Files for Spot Ethereum ETF With Staking
by Terron Goldby Terron Gold$4.5 trillion asset management firm Fidelity has filed an S-1 form for a Spot Ethereum ETF with staking included. Indeed, …
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Global Adoption
SWIFT Completes 2nd Test Phase of CBDC With Smart Contract, Atomic Settlement Capability
by Terron Goldby Terron GoldSWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a …
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U.S. Regulation
U.S. Court Charges KuCoin Crypto Exchange With Anti-Money Laundering Failures
by Terron Goldby Terron GoldFederal prosecutors in Manhattan on Tuesday charged KuCoin, one of the world’s largest cryptocurrency exchanges, with violating U.S. anti-money laundering …
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U.S. Regulation
Ripple Labs CEO Brad Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case
by Terron Goldby Terron GoldThe U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion fine …
