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Five key industry figures provided testimony to the Congressional Record as the fight over digital asset regulations heats up.
Through legislation, case law, or after the 2024 presidential elections, the U.S. will reach the "right outcome" for crypto, Armstrong says.
"The vast majority of crypto tokens meet the investment contract test," the SEC chair said. "Not liking the message isn’t the same thing as not receiving it."
The project raised $7 million but has not yet distributed 90% of allocated funds.
The SEC wants the court to reject Coinbase's request for a new regulatory framework for the crypto industry.
The CRPTO act requires crypto firms to refund customers defrauded on their platform and forces crypto companies to undergo auditing.
The UK FCA said no crypto ATM operator was registered with it, making their operations illegal in the country.
According to the letter, certain clauses in Article 30 need to be changed as the lack of clarity and specificity in the language broadens its scope beyond what is necessary.
The SEC has urged US-based crypto exchanges offering staking programs and interest-bearing products to comply with securities laws.
Coin Center warns of the potential for US authorities to block, restrict, and ban entire asset classes — including cryptocurrency.
The bill was passed with 500 votes in favor and 23 against — it includes provisions on “essential requirements regarding smart contracts for data sharing.”
CEX.IO has incorrectly stated that user deposits have $250,000 of coverage.
CoinMarketCap 2023 Crypto Playbook details the U.S. regulatory outlook according to Jeff Zelkowitz.
Metaverse gaming project Undercity will open the first act-to-earn village in Europe, bridging virtual and real worlds.
The lawsuit alleges that Logan Paul and his associates executed a "rug pull" on the failed CryptoZoo project.
The lawsuit alleges that Genesis violated the Securities Act and seeks to hold DCG and Silbert liable as "control persons."
AI NFTs that can be trained to respond like real people are coming to Polygon
SBF will live with parents until October as trial date is set, Genesis under fire from customers, and Erik Voorhees looks to 2026 for the bull market to return
Pomerantz LLP has filed a class action lawsuit against Silvergate Capital Corporation for alleged securities law violations.
The exchange allegedly didn't register its interest-bearing accounts as securities.
