As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine …
Regulation
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Regulation
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
by shayaanby shayaanTexas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an …
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Regulation
Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers
by shayaanby shayaanThe world’s largest retailer is set to pay $10 million to settle a lawsuit filed by the Federal Trade Commission (FTC). In …
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Regulation
Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines
by shayaanby shayaanSingapore has issued a hard deadline for crypto companies operating from its jurisdiction to stop serving overseas clients unless they secure a …
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Fed joins regulators dropping reputational risk factor, clearing banks to serve crypto firms
by shayaanby shayaanThe Federal Reserve Board on June 23 removed reputational risk from its bank supervision program, ordering staff to strike the term from …
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Regulation
Cathie Wood’s ARK Invest Unloads $238,200,000 Worth of Circle Shares in Just One Week After Massive Price Surge
by shayaanby shayaanThe tech-focused investment firm ARK Invest is dumping its massive trove of Circle (CRCL) shares as the stock goes through a big …
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Regulation
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
by shayaanby shayaanTexas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable …
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Regulation
The Necessity of Inheritance Tools Amid Rising Cases of Unclaimed Digital Assets
by shayaanby shayaanThe issue of unclaimed cryptocurrency has drawn renewed focus after Binance founder Changpeng Zhao called on crypto platforms to integrate inheritance features. …
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A fresh rumor has been making rounds on social media about the Ripple vs. SEC lawsuit possibly being dragged out till late …
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Regulation
Scammer Causes Banks To Lose $780,837 After Running Elaborate Cash Heist at 11 Different Branches
by shayaanby shayaanA man who orchestrated a scheme to steal over $1 million from banks has been sentenced to five years behind bars. In …