(source: en.wikipedia.org)
New York Community Bank (NYCB) is the target of a class-action lawsuit alleging securities fraud. The lawsuit comes after the bank acquired certain assets of...
The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by...
Cryptocurrency companies apparently don’t feel at home in America these days. Amid a regulatory crackdown, crypto executives say they are now looking outside the U.S....
Ripple wants to block the SEC from appealing a recent landmark crypto court ruling. In July, U.S. District Judge Analisa Torres ruled that the blockchain company’s native XRP...
The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These...
The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up. Some of the digital asset industry’s biggest names, like Coinbase and...
A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that...
The Securities and Exchange Commission (SEC) says Coinbase has long understood securities laws apply to its business. The SEC and the cryptocurrency platform have been engaged in an...