FINRA says rules still apply in the metaverse
The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse. Go to Source
Regulation
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Protecting Ted Cruz’s Senate seat is a ‘top priority‘ — Crypto PAC
Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred. Go to Source
Hacker behind fake Bitcoin ETF tweet pleads not guilty
Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account. Go to Source
What to expect at Nishad Singh’s sentencing hearing
After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison. Go to Source
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where … Read more
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The Bitcoin Rights bill, which passed 176-26, now moves to the state Senate, amid growing interest in digital assets as states … Read more
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with standards and assessing technological risks tied to blockchain. SEC Increases … Read more
US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries. Go to Source
US govt cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing. Go to Source
Binance exec leaves Nigeria after authorities drop final charges
After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment. Go to Source