U.S. lawmakers Rep. Patrick McHenry and Rep. Glenn Thompson have introduced a new bill calling for clear crypto regulations. The proposed legislation would protect crypto assets from enforcement actions until…
Summary: Binance suspended Australian Dollar deposits and withdrawals on June 1 after announcing the decision in May. Australian users can still buy and sell crypto tokens using their debit or…
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday. The Tron blockchain is DeFi’s second biggest ecosystem with over $5.6…
Coinbase Derivatives Exchange will begin offering Bitcoin and Ether futures to its institutional clients starting June 5. The institutional-sized futures contracts will be sized at 1 BTC and 10 ETH…
The MakerDAO community has voted in favor of a proposal to purchase $1.28 billion worth of U.S. Treasuries. The proposal, dubbed Project Andromeda, was put forward by crypto investment firm…
Dogecoin investors have accused Elon Musk of insider trading and manipulating the price of DOGE. The investors have requested to amend the class action lawsuit filed against Musk last year…
Open Exchange (OPNX) has issued a new governance token for its bankruptcy claims exchange. The exchange’s native token FLEX added 20% to its price following the announcement. Holders of Open…
Circle has ditched all U.S. Treasury bonds from the $24 billion reserve fund that backs its USDC stablecoin. The stablecoin issuer took this step to protect USDC from the impact…
by Tom Lyons In our Ethereum Business Readiness Report, published last June, we highlighted the ongoing maturation of the public Ethereum ecosystem as a business platform. Recent events show these…
Binance is reportedly being probed by the Ontario Securities Commission. The investigation is to determine if the crypto exchange attempted to evade local regulations and compliance controls. The crypto exchange…
Summary: European Union lawmakers officially signed the bloc’s Markets in Crypto Assets (MiCA) bill meant to standardize digital asset businesses across 27 member nations. The bill is accompanied by new…
Summary: The Central Bank of the United Arab Emirates published rules for businesses and institutions interacting with cryptocurrencies and digital assets. The UAE’s new guidance will oversee anti-money laundering and…
Summary: Law enforcement in China arrested the Trust Reserve team behind a Yuan-backed stablecoin and another token backed by the Hong Kong Dollar. Authorities wrote a “judicial seizure” notice at…
The SEC has agreed to settle insider trading charges filed against a former Coinbase manager and his brother. The duo was arrested for insider trading crypto assets last year and…
U.S. prosecutors have stated that they may drop some of the criminal charges filed against Sam Bankman-Fried. The charges would be dropped if the Bahamas deems that they violate the…
