Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig...
Lawmakers to probe SEC over suspected political favoritism in staffing
Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated...
UK Parliament proposes legislation to recognize digital assets as personal property
The Law Commission of the United Kingdom (UK) Parliament introduced the Property (Digital Assets, etc.) Bill on Sept. 11 to recognize digital holdings legally.The...
Digital Chamber urges lawmakers to classify NFTs as consumer goods amid SEC enforcement concerns
The Digital Chamber (TDC) has called on Congress to pass legislation that would define certain non-fungible tokens (NFTs) as consumer goods and exempt them...
North Carolina stands firm against CBDCs, overrides governor’s veto
North Carolina’s lawmakers have overturned Governor Roy Cooper’s veto on a bill that would have prevented the state from implementing a central bank digital...
SEC’s Hester Peirce questions Commission’s stubborn stance on SAB 121
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has raised ongoing concerns about the SEC’s Staff Accounting Bulletin No. 121 (SAB 121).
Peirce’s comments...
Record $4.68 billion fines mark SEC’s toughest year on crypto
The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in...
State regulators secure full refunds for investors in $1 billion settlement with GSB Group
The Texas State Securities Board has reached a $1 billion settlement with GSB Gold Standard Corporation AG and affiliated entities, known as GSB Group,...
Nigeria to ramp up crackdown on unregistered crypto exchanges
Nigeria’s Securities and Exchange Commission (SEC) is preparing to ramp up enforcement actions against crypto exchanges and other businesses operating outside of its regulatory...
Binance-backed Tokocrypto becomes third crypto exchange in Indonesia to secure PFAK license
Crypto exchange Binance said its subsidiary Tokocrypto has secured a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti),...
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