SEC Collects $8.2 Billion in Crypto Penalties in 2024
In fiscal year 2024, the Securities and Exchange Commission accumulated a total of $8.2 billion in monetary penalties, marking the highest amount ever collected in the regulator’s history.
Charles Schwab to Offer Spot Crypto Trading
The Charles Schwab Corporation is preparing to enter the spot trading market for cryptocurrencies in the future, as confirmed by incoming CEO, Rick Wurster.
Shanghai Court Rules Cryptos Are Commodities
A recent ruling by the Shanghai High Court has recognized that cryptoassets possess “property attributes” and are not outright prohibited by Chinese law.
SEC to Distribute $4.6M to Investors in BitClave ICO
The US Securities and Exchange Commission (SEC) announced on Wednesday that it will be distributing $4.6 million in reparations to investors who participated in BitClave’s Ethereum-based search engine ICO.
Russia Will Impose a 15% Tax on Earnings from Crypto Mining and Trading
On Monday, the Russian Ministry of Finance proposed a tax rate of 15% on crypto earnings as part of a larger effort to regulate cryptocurrency mining and transactions.
NYSE to List Bitwise Crypto Index ETP
NYSE Arca has filed a proposal with the Securities and Exchange Commission (SEC) to list an exchange-traded product (ETP) managed by Bitwise Asset Management.
Crypto Industry is Pushing for Ambitious Crypto Policies
The crypto industry is advocating for bold policies to promote the widespread use of digital assets and strategizing on the most effective way to push for them.
