Category Archives: Latest Headlines

SEC lists nine crypto tokens as securities following Coinbase insider trading charges

The Securities and Exchange Commission (SEC) has listed nine cryptocurrencies that it says are securities. This was contained within a complaint arresting and charging a former Coinbase employee and two others with wire fraud. The assets were: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. They were each mentioned in connection with alleged insider […]

Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogethe

New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions. 14,000 bitcoin, worth more than $300 million at their current price, were transferred out of wallets belonging to miners in a single 24-hour period at the end of last week — and in the last few weeks, miners have […]

International Standard Setters Publish Guidance on Stablecoin Regulations

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published their final guidance on regulating stablecoins Wednesday. The guidance is a step toward implementing a “same risk, same regulation” legal framework for stablecoins, which are cryptocurrencies whose value is usually pegged to a national […]

Ripple has spent ‘over $100 million on legal fees fighting SEC’, the CEO says

The Chief Executive Officer of Ripple (XRP), Brad Garlinghouse, has acknowledged the financial cost of the company’s engagement in a lawsuit with the Securities and Exchange Commission (SEC). Garlinghouse said in a recent interview that Ripple would have spent more than $100 million on legal expenses by the time the litigation was resolved. “The facts […]

CFTC flags 34 crypto and forex trading desks as unregistered foreign entities

The Commodity Futures Trading Commission (CFTC) has expanded its RED List with a new roster of crypto and forex firms the agency has identified as unregistered foreign entities. The CFTC announced the 34 new additions on July 14, warning US users and financial service providers against accessing their services. Several of the entities announced share […]

Terra (LUNA) Saga Is Not Over Yet, Korean Prosecutors Discovers Another Domestic Subsidiary Of Terra “Flexi”

According to Korean local news site KBS news, the ongoing investigation for Terra’s crash has taken another turn as investigators have now linked a new crypto entity, “Flexi” to Terra and Do Kwon. Details of the corporation were not made public. Since the crash of TERRA/LUNA in April, the investigation has been carried out earnestly, […]