US Senators Slam SEC for ‘Unconscionable’ Actions in Debt Box Case
Six Republican senators express “great concern” to SEC Chair Gary Gensler about the regulator’s conduct in the Debt Box case, alleging unethical behavior.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Six Republican senators express “great concern” to SEC Chair Gary Gensler about the regulator’s conduct in the Debt Box case, alleging unethical behavior.
Earlier this month, financial authorities ordered Zipmex Thailand to cease digital asset trading and brokerage services on the platform.
Waters said a deal with the feds, to create some oversight in the US stablecoin market, has been worked out.
The lawsuit also names Voyager Digital’s law firm McCarter & English. It is alleged that the firm played on its credibility to issue a bogus “legal opinion” that Voyager’s native utility token Voyager Token (VGX) was not an unregistered security.
According to Bakkt, all hope is not lost though. The firm has put forward a new plan that it believes will set it right back on the path to success.
Notcoin’s remarkable ascent highlights the potential of Web3 gaming to transform the gaming industry, offering new avenues for engagement, monetization, and innovation.
During the investigation, the authorities found that starting from May 17, 2023, Hanes initiated wire transfer transactions from Heartland Tri-State Bank to increase his crypto holdings, leveraging his position and authority as CEO.
Wormhole announced that the community will receive a W token airdrop that will be fully unlocked in four months.
B2C2 said in the press release that the registration will pave the way for the company to engage in collaborations with local VASPs, traditional financial institutions, and other stakeholders in the Luxembourg market.
Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment.
The launch of MinsCoin not only provides a new way for residents to interact with local whitelisted businesses and projects but could also shed light on how technology can be used to steer social interactions, economic participation, and solidarity within communities.
With the settlement now approved, BlockFi can proceed with the distribution of assets from the lending estate to its creditors, the primary reason for seeking expedited approval.
The ministry has relaxed tax regulations by waiving the 7% VAT on earnings generated from cryptocurrency and digital token trading. Also, there’s no VAT applicable for token transfers.
The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.
The majority of Bittensor (TAO) tokens have been staked to earn a passive income, thus bolstering a 106% spike in the past four weeks to trade around $493 on Wednesday.