Ripple CEO points to regulatory confusion as US crypto firms seek growth elsewhere
Ripple CEO Brad Garlinghouse said U.S. crypto firms are increasingly focused on foreign jurisdictions due to the challenging regulatory landscape domestically.
“I think it’s fair...
Pakistan does not plan to legalize crypto trading
Pakistan Minister of State for Finance Aisha Ghaus said the Asian country could not legalize cryptocurrency trading, citing its recent removal from the Financial...
OpenAI CEO Sam Altman calls for AI to be regulated during Senate hearing
OpenAI CEO Sam Altman urged U.S. lawmakers to regulate artificial intelligence companies during a Senate hearing, The Washington Post reported May 16.
Altman calls for...
EU finance ministers unanimously greenlight MiCA regulations
The landmark Markets in Crypto Assets (MiCA) received the final greenlight from the Economic and Financial Affairs Council of the European Union in a...
Coinbase says SEC response reinforces concern about the regulator actions
Coinbase chief legal officer Paul Grewal said the U.S. Securities and Exchange Commission’s (SEC) response to its legal action reinforces the exchange’s concerns about...
Hedge fund billionaire Paul Tudor Jones says ‘Entire US regulatory apparatus is against Bitcoin’
Billionaire hedge fund manager Paul Tudor Jones believes Bitcoin (BTC) will see strong headwinds in the coming months due to regulators and inflation.
Jones made...
South Korea prosecutors investigating lawmaker’s crypto accounts
South Korean prosecutors are probing crypto exchanges UpBit and Bithumb as part of the investigations into the transactions of lawmaker Kim Nam-kuk.
Local media reported...
US DOJ ramps up crypto scrutiny: targets crypto exchanges, DeFi hackers
The U.S. Department of Justice (DOJ) wants to increase its scrutiny of the crypto space, citing the growing crime rate in the industry over...
US lawmaker questions SEC about GBTC redemptions
U.S. Congressman Brad Sherman questioned the Securities and Exchange Commission (SEC) about whether Grayscale Bitcoin Trust investors (GBTC) can redeem their assets from the...
New York lawmaker introduces bill to support stablecoin payment for bails
New York lawmaker Latrice Walker proposed a new bill that supports using fiat-collateralized stablecoins as an acceptable method for bail bond payments.
Introduced on May...
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