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Regulations
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
Paxos also faces a probe from the New York Department of Financial Services.
What Does Kraken's SEC Settlement Mean for Crypto Staking?
Kraken had a pretty lousy day, but the industry is more interested in what this means for staking.
Federal Reserve Governor Reinforces US Regulators’ Preference for Keeping Crypto Apart From Banks
Christopher Waller noted that the separation has kept the U.S. financial system out of crypto’s drama, and he’s hopeful the sector can work out its recent issues.
Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court
CoinDesk filed a Freedom of Information Law request for documents about Tether's reserves in 2021.
SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce
The SEC commissioner spoke a day after Kraken settled charges with the regulator that its U.S. staking service was an unregistered securities offering.
SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters US Staking Program
Other platforms that offer yield-earning programs should "take note" and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges.
South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses
The government sanctions targeted four individuals and seven institutions – some with alleged ties to the elite North Korean hacking group Lazarus.
Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
The company joins mining firm Core Scientific in trying to offload the assets before they expire, with funds used to repay creditors
Russian Cybercrime Gang Trickbot Sanctioned by US, UK
According to Chainalysis, Trickbot is the second-highest earning cybercrime group, and has extorted at least $724 million in crypto.
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The scope of the crypto-related investigation is not yet clear.
