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Regulation & Politics

SEC Alleges TUSD Hasn't Been Backed By USD Since 2022
Regulation & Politics

SEC Alleges TUSD Hasn't Been Backed By USD Since 2022

The SEC alleged that 99% of the assets backing TrueUSD were invested into a speculative fund by September 2024.
‘Kudos To You For Answering a Different Question,’ Says U.S. Senator Grilling Gary Gensler
Regulation & Politics

‘Kudos To You For Answering a Different Question,’ Says U.S. Senator Grilling Gary Gensler

Five members of the SEC, including pro-crypto commissioner Hester Peirce, attended the Oversight of the SEC hearing in the U.S. Senate.
Samourai Wallet Founders Face Judge Over Money Laundering Charges
Regulation & Politics

Samourai Wallet Founders Face Judge Over Money Laundering Charges

Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a status conference on Tuesday.
Silvergate Bank Shut Down Because Of Operation Choke Point 2.0, Not Insolvency
Regulation & Politics

Silvergate Bank Shut Down Because Of Operation Choke Point 2.0, Not Insolvency

Silvergate’s bankruptcy filings attribute the bank's failure to regulators cracking down on its ability to service the crypto industry.
Rari Capital Settles With SEC Over Unregistered Offerings 
Regulation & Politics

Rari Capital Settles With SEC Over Unregistered Offerings 

The SEC alleges that Rari Capital operated as an unregistered broker and sold securities through its Fuse platform.
Restaurant Settles Controversial SEC Action Over NFT Membership Program
Regulation & Politics

Restaurant Settles Controversial SEC Action Over NFT Membership Program

SEC commissioners Hester Peirce and Mark Uyeda dissented against the enforcement action.
New Bill Seeks To Reconcile Regulatory Division Between SEC and CFTC
Regulation & Politics

New Bill Seeks To Reconcile Regulatory Division Between SEC and CFTC

The bill would establish a 20-person committee of independent stakeholders tasked with advising both the SEC and CFTC.
Worldcoin Says It Isn’t Under Investigation In Singapore 
Regulation & Politics

Worldcoin Says It Isn’t Under Investigation In Singapore 

Singapore’s deputy prime minister said local authorities are investigating unlicensed sales of Worldcoin accounts and tokens.
presidential race between a republican man and a democrat woman
Regulation & Politics

Polymarket Shows Heated Presidential Race After Trump-Harris Debate

Candidates are within one percentage point of each other, with both briefly gaining the lead in the past 24 hours.