Vivek Ramaswamy has swiftly emerged as a figurehead for the crypto sector within the Grand Old Party (GOP) presidential race. A biotech entrepreneur by trade, Ramaswamy has cast himself in a new role: a crusader for crypto, promising sweeping changes
Former Deutsche Bank investment banker Rashawn Russell, 27, has pleaded guilty to investment fraud. The ex-banker admitted to running a scam cryptocurrency trading operation that plundered $1.5 million from investors. As a result, he faces up to 30 years in
In an era when artificial intelligence transforms the entertainment industry, California has stepped up to bat for its artists. Assemblymember Ash Kalra of San José is championing legislation that aims to prevent the unchecked use of AI in replicating actors
After hosting the G20 Conference, India has made progress in cryptocurrency regulation. The country has officially approved their suggestions as a show of support for the International Monetary Fund and the Financial Stability Board. This move marks a shift from
With the European Union’s comprehensive Digital Services Act (DSA) coming into effect on Friday, August 25, more than a dozen tech titans, including Meta, Apple, and Google, are facing intense legal scrutiny in Europe. The EU’s new DSA carries new
In a resounding move against deceptive practices in the financial industry, the U.S. Securities and Exchange Commission (SEC) has announced a substantial settlement with Titan Global Capital Management USA LLC. The New York-based FinTech investment adviser has been scrutinized for
Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape
Kuwait, the Gulf state, has issued an absolute ban on all activities involving cryptocurrencies, such as Bitcoin, Ethereum, and Dogecoin, through several regulators. The announcement, made by Kuwait’s principal financial regulator, the Capital Markets Authority (CMA), on July 18, casts
The Financial Stability Board (FSB), the swiss regulatory organization, has recently finalized a comprehensive regulatory framework for crypto-asset activities. FSB’s framework aims to promote international consistency and ensure that crypto-assets and stablecoins are subject to appropriate and comprehensive regulation, aligned
A wave of support for increased transparency in the crypto space is building, ignited by recent remarks from Gabriel Shapiro, General Counsel at Delphi Labs. In a contemporary twist on the traditional world of finance, Shapiro champions a “13D-style” approach
The landscape of the cryptocurrency industry is no stranger to controversies. The recent dispute between Gemini’s co-founder Cameron Winklevoss and the Digital Currency Group’s (DCG) CEO Barry Silbert is a striking case in point. Now John E Deaton, the founder
The U.S. Securities and Exchange Commission (SEC) is challenging Binance, one of the world’s largest cryptocurrency exchanges, in a landmark court hearing. But Binance continues to fight back. The SEC’s allegations of asset commingling and illegal operations by Binance.US and
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