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 US state of Georgia Representative Mike Collins has disclosed investments in crypto, including purchases of the Ski Mask Dog (SKI) token, according to a financial disclosure filed with the U.S. House of Representatives on January 1, 2025. …
Key Takeaways Leading crypto mining company, HIVE Digital Technologies has announced plans to relocate its headquarters from Vancouver, Canada, to San Antonio, Texas. Texas has become a significant location for crypto mining, offering benefits such as lower electricity costs, access…
Key Takeaways Ohio Representative Derek Merrin has introduced a legislative proposal to allow the state treasury to invest in Bitcoin. The proposed bill, known as House Bill 703 or the Ohio Bitcoin Reserve Act, would create a BTC fund within…
Key Takeaways Scottsdale police have arrested a man accused of stealing cryptocurrency by posing as an Uber driver. The suspect, identified as Nuruhussein Hussein, faces charges of theft, fraud, and money laundering. Authorities allege that he targeted passengers outside the…
Key Takeaways The U.S. Financial Stability Oversight Council (FSOC) has called for comprehensive federal regulation of stablecoins, citing significant risks associated with their rapid growth, market concentration, and limited transparency. In its 2024 annual report, the council emphasized that without…
Key Takeaways In a significant development, the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee has endorsed the use of tokenized assets as collateral in derivatives markets. This recommendation, presented by the subcommittee on digital assets, highlights the potential…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has extended its review period for Franklin Templeton’s proposed Bitcoin and Ethereum Crypto Index Exchange-Traded Fund (ETF) until January 6, 2025. The decision, announced in a filing on November 20, 2024,…
Key Takeaways Chirag Tomar, a 31-year-old Indian national, has been sentenced to five years in prison for his role in a $20 million cryptocurrency fraud scheme that targeted Coinbase users globally. The sentence was handed down by U.S. District Judge…
