SEC Says Coinbase’s Lawsuit Against Regulator is Baseless
The SEC says the commission is not obligated to issue such regulations and Coinbase does not have the standing to sue the agency.
US Department of Justice to Tighten Crypto Exchanges Oversight
The US Department of Justice has announced that it will take “strong action” against illegal activities on cryptocurrency trading platforms.
Blockchain Project Solana Opens Community Office in NYC
The organization has unveiled their 4-story, 25,000-square-foot public office space in Lower Manhattan.
Binance Wants to Develop its Business in the UK
Binance’s Strategy Director Patrick Hillmann has expressed the US has been in a “confused situation” in regards to the regulation of the crypto market.
US’ IRS Files Lawsuit against FTX Group of Companies
The IRS has filed 45 lawsuits against the bankrupt FTX exchange and its subsidiaries, seeking a total of $44 billion.
US President Joe Biden Says There Are Tax Loopholes for Wealthy Crypto Investors
Joe Biden has expressed his disapproval of the House Republicans who support former President Trump, saying that they are opposed to closing “tax loopholes to help wealthy crypto investors.”
Crypto Firms in New York Will Be Forced to Refund Fraud Victims with New Legislation
New York Attorney General Letitia James escalated on Friday her office’s crackdown on the crypto industry by proposing legislation that would require companies to reimburse customers who have been victimized by fraud.
