Latest News
By David Beasley | Jun 26, 2023
In light of the recent House Financial Services Committee (HFSC) hearing on digital assets, U.S. Rep. Erin Houchin (R-IN) has emphasized the urgent need for market-structure legislation for digital assets.
By Federal Newswire Report | Jun 25, 2023
A prominent crypto exchange based in Spain has progressed in its growth strategy by raising 14 million euros in part to expand into Latin America.
By Federal Newswire Report | Jun 24, 2023
Two Republican-drafted bills were the subject of a recent hearing before the U.S. House Financial Services Committee.
By Federal Newswire Report | Jun 23, 2023
Coinbase says DEX (decentralized exchange) cannot be regulated like CEX (centralized exchange).
By Federal Newswire Report | Jun 21, 2023
According to a recent analysis by Coinbase, the biggest cryptocurrency exchange in America, the impact of Bitcoin halving events on the asset's performance is still unknown because a number of exogenous factors have a big impact on how the market behaves.
By Federal Newswire Report | Jun 20, 2023
Coy Garrison, a partner at Steptoe and Johnson LLP and former counsel to Securities and Exchange Commission Commissioner Hester Peirce, recently commented on the future of the digital asset ecosystem.
By David Beasley | Jun 20, 2023
U.S. Rep. Patrick McHenry, R-NC, chairman of the House Financial Services Committee, said the U.S. is at a crossroads, and he hopes the country will take the opportunity to implement regulations that will encourage “freedom, innovation, [and] inclusion” while protecting consumers, rather than “surrender our leadership.”
By Andy Nghiem | Jun 20, 2023
Ranking Member Maxine Waters (D-CA) expressed concern that the draft of a bill aimed at implementing regulations in the crypto industry would allow companies currently facing enforcement actions to continue operating.
By David Beasley | Jun 19, 2023
Dr. Emin Gun Sirer, founder and CEO of Web3 solutions company Ava Labs, said during a House Financial Services Committee hearing last week that blockchain technology can be beneficial to regulators by increasing the transparency of the “actions and activities,” of crypto industry participants.
By Federal Newswire Report | Jun 16, 2023
Former CFTC Commissioner Brian Quintenz, now the head of policy at venture capital firm Andreessen Horowitz, is calling on the U.S. Securities and Exchange Commission (SEC) to stop its barrage of lawsuits against cryptocurrency companies and instead work with legislators to establish clear regulatory guidelines for the industry.
By Andy Nghiem | Jun 14, 2023
The SEC is seeking an emergency temporary restraining order (TRO) against Binance to freeze assets tied to Binance.US. In response, Binance has filed a memo with the Court challenging the SEC's "emergency" claim, calling it "manufactured" for the SEC's "purposes” of gaining a legal advantage unsupported by fact.
By Federal Newswire Report | Jun 12, 2023
As U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler claims cryptocurrency exchanges already have regulations to follow, Blockchain Association CEO Kristin Smith argues lawmakers' introduction of a regulatory proposal draft just one week before the SEC sued two leading crypto exchanges is evidence there is a lack of regulatory certainty.
By Federal Newswire Report | Jun 9, 2023
A former minority owner of the Minnesota Vikings will spend more than six years behind bars for his part in a cryptocurrency scam that federal prosecutors said defrauded the now-bankrupt Alliance of American Football league.
By Federal Newswire Report | Jun 9, 2023
The chairman of the U.S. House Committee on Agriculture earlier this week said the U.S. Securities and Exchange Commission's (SEC) recent lawsuits against crypto exchanges are "regulation by enforcement" and "not an appropriate away to govern a market."
By Federal Newswire Report | Jun 8, 2023
U.S. Senator Bill Hagerty (R-TN) said the U.S. Securities and Exchange Commission (SEC), led by chairman Gary Gensler, is “weaponizing their role to kill [the crypto] industry.” The junior Senator from Tennessee tweeted the comment following the SEC’s announcement of back-to-back lawsuits against Binance and Coinbase, the largest crypto exchanges globally and in the U.S., respectively.
By Federal Newswire Report | Jun 8, 2023
U.S. Reps. Patrick McHenry and Glenn Thompson, chairmen of the House Financial Services Committee and the House Committee on Agriculture, respectively, recently released a draft bill aiming to improve regulation of the digital asset industry.
By Federal Newswire | Jun 8, 2023
In a press release dated June 6, 2023, Kristin Smith, the CEO of the Blockchain Association, released a statement regarding recent actions taken by the Securities and Exchange Commission (SEC) in relation to digital assets.
By Whit Kennedy | Jun 6, 2023
Following the announcement the US Securities and Exchange Commission had sued Binance, the world’s largest cryptocurrency exchange, prolific crypto legal commentator John Deaton criticized the SEC’s tactics of “regulation by enforcement” and “lawsuit by media” to address cryptocurrencies.
By Federal Newswire | Jun 6, 2023
The Securities and Exchange Commission (SEC) yesterday filed 13 charges against cryptocurrency exchange Binance Holdings Ltd. and its founder, Changpeng Zhao, for alleged violations of securities law.
By Federal Newswire Report | Jun 5, 2023
Sen. Cynthia Lummis (R-Wyo.) said she thinks the proposed Digital Asset Mining Energy (DAME) tax constitutes unfair targeting of the digital asset industry.
