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Coinbase chief legal officer faces congressional committee following SEC charges against the company

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Chief Legal Officer, Paul Grewal, wasted no time addressing concerns related to his employer’s recent charges by the Securities and Exchange Commission (SEC). Just hours after the SEC’s allegations of securities law violations against Coinbase, Grewal appeared before the House […]
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Russia’s digital ruble pilot faces delays

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Central Bank of Russia’s (CBR) eagerly anticipated digital ruble pilot is postponed until the end of July, awaiting approval from the State Duma. The latest amendments to the legislation indicate a significant focus on enabling non-residents to access the digital […]
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SEC faces criticism from five investment firms over custody rule proposal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. Representatives from Bain Capital Crypto, Electric Capital, Haun Ventures, Dragonfly Digital and Ribbit Capital have joined other industry voices in opposing the Securities and […]
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Coinbase faces class-action lawsuit for allegedly violating biometric privacy laws

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Coinbase is facing a proposed class-action lawsuit alleging that it violated Illinois’ Biometric Information Privacy Act (BIPA) by collecting and storing customers’ fingerprints and facial templates without proper permission. The lawsuit contends that Coinbase’s mandate for customers to provide […]
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US CFTC sues Binance, crypto markets contract, ex-FTX boss faces fresh allegations

This week, like it has been the trend, regulators in the United States didn’t slow down. The Commodity Futures Trading Commission (CFTC) formally brought charges against Binance, alleging breaches of the Commodity Exchange Act. Despite the markets contracting, gains posted in the preceding week remained intact. Meanwhile, fresh revelations emerged on the ongoing FTX case. […]
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