Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist.
"We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities," said SEC chair Gary Gensler.
The judge reportedly did not expand SBF’s bail conditions to include restrictions on the internet or VPNs, but asked his lawyers to pay for a consultant to explore the matter.
GBBC Digital Finance is now one of over 200 affiliated members of the International Organization of Securities Commissions, which also includes 35 national regulators.
The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors.
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Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.
The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation.
The only exception to the law will be where the public key is unavailable to disclose details of the digital asset, digital identities, interest or right.
One of the previously undisclosed guarantors of Sam Bankman-Fried’s bond told Cointelegraph why he helped out the former FTX CEO.
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators.
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules.
Sam Bankman-Fried is, for the most part, still able to freely access the internet through various devices. Prosecutors want to change that.
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency.”
The U.S. federal agency found a claim about deposit insurance in the fine print on the exchange’s website and on websites that reviewed it.
Court documents showed Stanford University research scientist Andreas Paepcke and former Stanford Law School dean Larry Kramer signed on as sureties to SBF’s $250-million bond.
The sandbox will match up public and private sector projects with the appropriate participating regulators for assessments and consultations.
Under the proposed amendments, crypto campaign contributions under $100 were acceptable, provided the receiver immediately convert the funds to USD and not HODL them.
