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70% of Crypto Communications Found to Violate Regulatory Rules, FINRA Reports

Daisy Hodley2 years ago2 min read

US Regulatory Organization Finds Regulatory Violations in 70% of Crypto Communications A regulatory organization in the US, the Financial Industry Regulatory Authority (FINRA), has revealed that…

Financial Services Company Submits Application to SEC for Issuance of Novel Interest-Bearing Stablecoin

Daisy Hodley2 years ago2 min read

A Financial Services Company Applies to Launch an Interest-Bearing Stablecoin A San Francisco-based financial services company called Figure has filed a registration statement with the U.S.…

SEC Discloses SIM Swap Attack Used to Breach Regulator’s X Account and Fabricate BTC ETF Approval Statement

Daisy Hodley2 years ago2 min read

SEC Reveals Details of X Account Hack The U.S. Securities and Exchange Commission (SEC) has provided information about the recent incident where an unauthorized individual accessed…

Report: Regulators Probing Bankrupt Crypto Company Owed $58 Million by Creditors

Daisy Hodley2 years ago3 min read

Australian Securities Regulators Investigate Blockchain Global Over Previous Crypto Schemes Australian securities regulators are currently conducting an investigation into Blockchain Global following a report that linked…

Developer of Tornado Cash Seeks Assistance Prior to Trial with Potential Crypto Precedent

Daisy Hodley2 years ago2 min read

Founder of Tornado Cash Seeks Financial Help for Legal Defense Roman Storm, one of the founders of crypto mixer Tornado Cash (TORN), is appealing for financial…

Terraform Labs, a Crypto Company, Initiates Chapter 11 Bankruptcy Protection Filing

Daisy Hodley2 years ago3 min read

Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection Terraform Labs, a collapsed crypto company, has filed for Chapter 11 bankruptcy in the United States.…

Texas Regulators and Abra Reach Settlement Allowing for Bulk Withdrawals

Cyrus Dailey2 years ago2 min read

Texas State Securities Bureau and Abra Settlement Crypto lending platform Abra has reached a settlement with the Texas State Securities Bureau (SSB) regarding a lawsuit filed…

Largest Bank Set to Pay $32.4 Million Penalty for Breaching Bank Secrecy Act, Falsifying Records, and Compromising Sensitive Data

Daisy Hodley2 years ago3 min read

The Industrial and Commercial Bank of China (ICBC) Settles with US Agencies The Federal Reserve and New York Department of Financial Services (DFS) have reached a…

Elizabeth Warren Urges Crypto Compliance with Anti-Money Laundering Laws, Citing Recent Government Findings

Daisy Hodley2 years ago3 min read

US Senator Elizabeth Warren Calls for Crypto Crackdown US Senator Elizabeth Warren is once again advocating for stricter regulations on cryptocurrencies. In a recent tweet, she…

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