January 10, 2024
Congressional Hearing Probes If FinTechs and Crypto Should Be Regulated
Frameworks come, frameworks go — and frameworks are fluid. To that end, in a hearing scheduled for Wednesday afternoon (Jan. 10) before the Subcommittee on Digital Assets, Financial Technology and...
January 09, 2024
Crypto Firms Fined $5.8 Billion in 2023 For Loose Financial...
Cryptocurrency and FinTech companies were fined $5.8 billion in 2023 for lax financial controls. That figure marks the first time fines against these groups exceed those against traditional finance firms,...
January 04, 2024
Will 2024 See Crypto Make Good on Its Financial Inclusion...
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked...
January 02, 2024
Bitcoin Tops $45K for First Time Since April 2022
Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2), the world’s largest cryptocurrency has...
January 02, 2024
Bankman-Fried Prosecutors Call Off Second Trial
Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his exchange in 2022, had been...
January 02, 2024
US Prosecutors Opt Against Second Trial for FTX Founder Sam...
US prosecutors announced on Friday night that they do not intend to pursue a second trial against Sam Bankman-Fried, the former billionaire and founder of the now-bankrupt FTX cryptocurrency exchange....
December 28, 2023
SEC’s ‘Forever War’ on Crypto Enters Year 7
Next year marks the seventh year of the SEC’s battle to regulate cryptocurrencies. The Wall Street Journal describes the Securities and Exchange Commission’s (SEC) campaign to rein in digital assets as the...
December 21, 2023
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British Virgin Islands, Coindesk reported Thursday...
December 20, 2023
Crypto Market Surges Ahead of Bitcoin ETF Decision
The cryptocurrency market has once again captured the attention of investors and enthusiasts alike, with the recent surge in popularity of memecoins and non-fungible tokens (NFTs). While the anticipation surrounding...