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News
BNY Mellon Gains SEC Approval for Bitcoin Custody, Clearing Key SAB 121 Hurdle
BNY Mellon secures SEC approval for Bitcoin custody, overcoming SAB 121 hurdles, signaling a shift toward institutional crypto adoption.
Regulation News
Audit Firm Prager Metis Settles With SEC for $1.95M Over Misleading FTX Financial Reports
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FTX
FTX
Prager Metis settles with the SEC for $1.95M over audit misconduct in FTX case, citing failures in financial disclosure and standards.
England High Court Rules Tether’s USDT Stablecoin as Property Under English Law
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Tether
Tether
UK High Court rules Tether’s USDT stablecoin as property under English law, aligning with new cryptocurrency legislation in the UK.
Sam Bankman-Fried Files Appeal, Accuses Judge of Bias, Seeks New FTX Fraud Trial
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FTX
FTX
Sam Bankman-Fried files an appeal for a new trial, accusing Judge Lewis Kaplan of bias and arguing that FTX faced a liquidity crisis, not insolvency.
UK Introduces Bill to Recognize Digital Assets as Personal Property, Strengthening Legal Protections
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Bitcoin
Bitcoin
The UK introduces a bill to officially recognize Bitcoin, cryptocurrency, and other digital assets as personal property under British law.
SEC Tightens Control on Nigeria’s Digital Asset Market Amid Regulatory Challenges
Nigeria’s SEC intensifies crackdown on unregulated cryptocurrency firms to protect investors and stabilize the country’s digital asset market.
London Man Faces FCA Charges for Running Illegal Crypto ATMs, Handling Millions in Transactions
The FCA charges a London man for illegally operating crypto ATMs, processing £2.6M in transactions, marking the regulator's first criminal prosecution.
Ripple CEO Eyes Stablecoin Expansion in Japan Amid Clear Regulatory Framework for Crypto
Ripple CEO Brad Garlinghouse discusses plans to launch a stablecoin in Japan, citing the country's regulatory clarity as a key driver.
India Set to Approve More Offshore Crypto Exchanges After Strict AML Compliance Review
India's FIU to approve two offshore crypto exchanges by 2025, pending a strict AML review, boosting competition and transparency.
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CFTC Settles with Uniswap, Fined $175K for Illegal Bitcoin and Ethereum Derivatives Trading
The CFTC fined Uniswap Labs $175,000 for offering illegal leveraged digital asset transactions, recognizing their cooperation in the investigation.
SEC Fines Galois Capital $225K Penalty for Custody Rule Breach and Investor Deception
The SEC fined Galois Capital $225,000 for violating investor protection regulations, including misusing customer assets and misleading investors.
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