Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request
After releasing its new stablecoin PYUSD, the funds large Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the corporate regarding the stablecoin....
Former SEC Chair Jay Clayton on US Regulator’s New Enforcement Ethos: ‘I Think That’s Problematic’
Jay Clayton, former chair of the U.S. Securities and Exchange Commission (SEC), has revealed his stance on the not too long ago carried out enforcement...
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
According to a latest report, the cryptocurrency change Bittrex obtained a Wells discover from the U.S. Securities and Exchange Commission (SEC) in March, signaling a...
Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report
Crypto alternate Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its previous conduct, the corporate’s chief technique officer...
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
During the primary week of 2023, fee service big Paypal stated it was exploring the launch of a stablecoin. At the time, an government at...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
The U.S. Financial Stability Oversight Council (FSOC), a bunch of the nation’s high monetary regulators, has urged Congress to go laws for the regulation of...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze
The U.S. Securities and Exchange Commission (SEC) and several other state regulators are reportedly investigating the choice by crypto lender Celsius Network to freeze withdrawals....
New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas
A latest court docket submitting stemming from the Southern District of New York exhibits {that a} U.S. district decide has ordered the crypto startup Terraform...
Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the...
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC)...