The Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In a new press release, the regulator says …
Federal
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The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April …
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Scams
Federal Reserve Withdraws Crypto Rules for Banks, Ending ‘Choke Point’ Practices
by shayaanby shayaanThe Federal Reserve said Thursday evening it will no longer obligate member banks to provide advanced notice of crypto and stablecoin-related ventures, …
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Regulation
Australian Federal Court Backs Crypto Lender in Landmark Win Over ASIC
by shayaanby shayaanThe Full Federal Court of Australia ruled in favor of crypto lender Block Earner on Tuesday, overturning previous findings that its discontinued …
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Regulation
Former SEC adviser warns regulation by enforcement persists despite federal shakeup
by shayaanby shayaanThe departure of former Securities and Exchange Commission (SEC) Chair Gary Gensler has not ended the agency’s regulation-by-enforcement approach toward the crypto …
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Regulation
FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles
by shayaanby shayaanThe incarcerated founder of bankrupt crypto exchange FTX is now detained in a correctional facility in Los Angeles, California. According to the …
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Regulation
New York Attorney General urges Congress to enact federal crypto regulation
by shayaanby shayaanNew York Attorney General (NYAG) Letitia James sent a letter to congressional leaders on April 10 urging the passage of federal legislation …
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Regulation
Federal judge lets DOGE keep USIP headquarters worth $500 Million for free
by shayaanby shayaanFederal Judge Beryl Howell has allowed the Department of Government Efficiency (DOGE) to keep hold of the United States Institute of Peace …
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Regulation
Solana Policy Institute to represent SOL in federal blockchain policy discussions
by shayaanby shayaanThe Solana Policy Institute (SPI), a non-partisan, non-profit organization, was established on March 31 to engage with lawmakers, educate them on the …
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Regulation
US Congressman reintroduces bill to permanently shut down the Federal Reserve
by shayaanby shayaanCongressman Thomas Massie (R-KY) reintroduced his bill to abolish the Federal Reserve on Thursday, calling the central bank the root cause of …