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Crypto News
The Financial Giant was fined $15,000,000 for illegally withdrawing funds from bank accounts and…
An American licensed lender that engaged in "widespread illegal conduct"—such as taking money out of clients' accounts without their knowledge or permission—will pay a $15 million fine.
…
The Stablecoin Report Was Released by the Bank for International Settlements!
In a paper that was issued with intriguing findings, the Bank for International Settlements (BIS) analyzed 68 stablecoins.
A study by the Bank for International Settlements (BIS) looked…
A CFTC Commissioner Calls for Open and Accountable AI
The CFTC commissioner acknowledges the enormous potential of AI in the financial markets, but stresses the need of taking ethical concerns into account.
Christy Goldsmith Romero,…
FSC Chair Calls for Revamp of US Crypto Tax Plan
Nine US congressmen, spearheaded by the chair of the House Financial Services Committee, have asked the Treasury to reconsider its plans for crypto tax reporting.
Some members of…
The Central Bank of Singapore Will Commence “Live” Wholesale CBDC Trials
Tokenization of financial assets and other digital money transfer infrastructure is part of the larger goal of the experiments.
Thursday, the Singaporean central bank declared its…
The Grayscale Ethereum Futures ETF Requires Additional Review Time From the SEC
The Grayscale Ethereum Futures ETF application has been delayed because the SEC decided to extend its own deadline.
A September filing by Grayscale Investments with the appropriate Wall…
Kazakhstan Introduces the CBDC and Completes the First Transaction For The Currency
Launching the digital tenge was the first ever CBDC transaction and paved the way for digital currencies to be used and traded internationally.
Binur Zhalenov, head of Kazakhstan's…
Robinhood meme stock speculators were not allowed to file a class action lawsuit
Investors who are suing Robinhood had a demand for class action certification denied by the court.
Investors suing Robinhood over trading limits implemented in early 2021 have suffered…
The UK Cabinet Reshuffle Appoints Bim Afolami in Charge of Crypto and CBDC Dismissing Griffith
The Department of Science, Innovation, and Technology will now be led by Andrew Griffith, who served as secretary under him.
Hitchin and Harpenden MP Bim Afolami was named Britain's next…
Parliamentary candidates for the Democratic Party of South Korea are required to reveal their crypto…
As part of an attempt to demonstrate the "high moral standards" of its candidates, the party has decided to make this information public.
The Democratic Party of Korea, which now…
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