Pic Credit- vanityfair The creator of the popular animated series Stoner Cats ran into problems with the regulatory body. The body asserted that the developer was selling Cryptoasset securities in the form of NFTs, which are similar to unique digital…
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Grayscale Scores Big Win Against the SEC
In October 2021, Grayscale filed for an application to convert its Grayscale Bitcoin Trust into an ETF. However, the Securities and Exchange Commission (SEC) rejected the proposal, which prompted Grayscale to take the regulatory agency to court. On August 29,…
‘Binance Nigeria Limited’ is not Binance but a Fraudulent Entity in Disguise – Read more
Binance Disassociates from ‘Binance Nigeria Limited’: A Deep Dive into the SEC Controversy” Binance, the renowned cryptocurrency exchange, has recently made it clear that it has no ties with the entity known as ‘Binance Nigeria Limited’. This clarification comes in…
Congressman, Emmer & Congressman, Davidson Proposes Legislation to Dismiss Chair Gary Gensler Amid Crypto Controversy
In a significant development, Congressman Tom Emmer, along with Rep. Warren Davidson, has introduced the ‘SEC Stabilization Act’. This proposed legislation aims to restructure the Securities and Exchange Commission (SEC) and remove Gary Gensler from his position as Chair. The…
Snoop Dogg Flaunts Custom Gold Ledger Wallet at WrestleMania: Crypto Goes Mainstream
At WrestleMania 39, legendary rapper and serial entrepreneur Snoop Dogg made a statement by wearing a custom-made gold Ledger Nano X hardware wallet around his neck. This eye-catching accessory demonstrates the growing popularity and mainstream appeal of cryptocurrencies. Cryptocurrency Enters…
Gensler Receives Powerful Lashes from Congress Majority Whip
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has been reprimanded by House Majority Whip Tom Emmer for the former’s incompetence in handling the crypto industry. The congressman commented that the actions of the SEC have forced crypto…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets. The SEC chair was admonished for the lack of clarity in regulating the crypto space. This…
SEC Chair to be Removed by Legislation – Rep. Davidson
Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC). He wants the position to be replaced by an executive director who reports to the board. This move is apparently…
Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase
The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…
Robinhood’s Crypto Business Practices Under Investigation by SEC
Robinhood’s Crypto Business received SEC Subpoena during the month of December as per the 10-K filing. Robinhood Markets, a leading online brokerage firm, has recently disclosed in its latest 10-K filing that it has received an investigative subpoena from the…