Key Takeaways U.S. authorities have filed civil charges against Ramil Palafox, accusing him of masterminding a massive investment scam that promised consistent profits through digital currency and foreign exchange trading. The scheme, which operated under the company PGI Global, is…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a second 60-day pause in their legal proceedings, citing continued discussions that could lead to a resolution. The request, filed on April 11 with the U.S.…
Key Takeaways Thailand has approved amendments to two emergency decrees to address the rising use of digital assets in cybercrime. The Cabinet resolution, passed on April 8, strengthens the country’s legal framework around digital asset businesses and cybercrime prevention. The…
Key Takeaways Crypto.com announced on Thursday that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the exchange and will not pursue enforcement action. The SEC has not issued a public statement regarding the closure of the…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has repealed Staff Accounting Bulletin (SAB) 121, which required companies to record digital assets held in custody as both an asset and a liability on their balance sheets. SAB 121, treated…
Key Takeaways Coinbase has petitioned the Second Circuit Court of Appeals to rule on whether crypto trading on its platform should fall under U.S. securities laws. In a filing on January 21, 2025, Coinbase’s legal team urged the court to…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) announced the creation of a new crypto task force on January 21, 2025, just one day after former Chair Gary Gensler’s resignation. Acting SEC Chair Mark Uyeda outlined the task force’s…
Key Takeaways The United States District Court for the Southern District of New York has granted Coinbase permission to pursue an interlocutory appeal in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC). The January 7 ruling…
Key Takeaways The United States Securities and Exchange Commission (SEC) has approved Bitcoin and Ether spot exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. The SEC’s approval, announced on December 19, allows both funds to list on prominent exchanges. Hashdex’s…
Aptos (APT) is a Layer-1 blockchain platform focused on scalability, security, and adaptability. Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price…
