The US Department of Justice (DOJ) has initiated a review of how victims of digital asset fraud are compensated, following concerns over …
Rules
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Smart Contracts
A16z Calls on SEC to Update Crypto Custody Rules for Registered Investment Advisers
by shayaanby shayaanDaring capital company Andreessen Horowitz (A16Z) asks the Securities and Exchange Commission for a radical overhaul of how registered investment advisers are …
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Regulation
Senators reintroduce legislation to tighten rules on crypto custody
by shayaanby shayaanUS Senators Thom Tillis (R-NC) and John Hickenlooper (D-CO) have reintroduced a legislative measure to prevent digital asset custodians from co-mingling customer …
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Markets
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit
by shayaanby shayaanA New York judge ruled Friday that the majority of New York Attorney General Letitia James’ civil securities fraud suit against crypto …
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NFT Marketplace OpenSea asks our supervisors to clarify that it and platforms such as it should not be treated as securities fairs …
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Regulation
Ripple urges UK to act fast on crypto rules to unlock fintech potential
by shayaanby shayaanBlockchain firm Ripple believes the United Kingdom can become a leader in the crypto sector. The company executives shared this view at …
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Regulation
Hong Kong sets new rules allowing staking services for crypto firms and ETFs
by shayaanby shayaanHong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds …
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OKX’s Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta’s financial …
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Regulation
SEC holds meetings with BlackRock, Crypto Council to discuss crypto ETF rules
by shayaanby shayaanThe US Securities and Exchange Commission’s (SEC) Crypto Task Force held separate meetings on April 1 with representatives from BlackRock and the …
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Regulation
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations
by shayaanby shayaanHong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer …