Industry
Alex Mashinsky Case: Investigation Deadline Extended
Lawyers representing the US Department of Justice were granted additional time for investigation in the case against former Celsius CEO Alex Mashinsky, allowing his defense team to review relevant documents.Herman HayesRain Receives Crypto License from Abu Dhabi Regulator
Rain Financial Services, a cryptocurrency firm, has received a license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory AuthorityHerman HayesWyoming Seeks Head for State Stablecoin Commission
The state of Wyoming in the US has initiated the development of its stablecoin project, officially named the "Stable Coin" projectSeth RowdenRobinhood Appoints UK CEO, Expands Crypto Presence
Robinhood, a cryptocurrency-friendly trading platform, is moving forward with its plans to launch services in the UK and has made a significant appointment for its local operations.Seth RowdenDeloitte and Chainalysis Join Forces to Empower Law Enforcement in Cryptocurrencies
Deloitte, a prominent professional services company, has entered into a strategic alliance with cryptocurrency analysis firm Chainalysis to enhance its clients' blockchain tracking capabilitiesSeth RowdenNamibia Passes Cryptocurrency Trading Regulation Law
In a significant move, the Namibian government recently signed a law to regulate virtual asset service providers (VASPs) operating in the country.Herman HayesJimmy Butler Seeks Dismissal of Binance Promo Class Lawsuit
Professional basketball player Jimmy Butler is seeking to have a class-action lawsuit against celebrities involved in the alleged promotion of unregistered securities by Binance dismissed.Herman HayesPacWest Stock Bounces Back After Flash Crash Amid Cali Bank Merger
On July 25, shares of PacWest Bank, part of PacWest Bancorp, experienced a significant plunge of 27%, dropping from $10.33 to $7.50 in late trading.Herman HayesRipple Applies for Cryptocurrency License in UK
Ripple, a payments network and technology company, has applied for registration with the UK Financial Conduct Authority (FCA) as a crypto asset company.Seth RowdenOpenAI Unveils ChatGPT App for Android
OpenAI has announced its plans to launch an Android version of the popular AI chatbot, ChatGPT, following its release to iOS users in May.Seth RowdenGAO Urges Crypto Regulation: Improve Inter-Agency Cooperation
The US Government Accountability Office (GAO), a congressional watchdog, has released a 77-page report on the regulatory framework for blockchain use in finance.Seth RowdenGame-Changer in Russia: Putin Approves Digital Ruble with New Law
On July 24, Russian President Vladimir Putin signed the digital ruble bill into law, marking a significant step forward for Russia's central bank digital currency (CBDC) project.Seth RowdenBank of Korea Explores Revolutionary Path: Stablecoins and CBDC Alternatives
Several private banks in South Korea are exploring the potential of tokenized deposit technology as an alternative to private stablecoins and central bank digital currencies (CBDCs)Seth RowdenUS FSC Chairman Prioritizes Cryptocurrency Regulatory Transparency
Rep. Patrick McHenry, chairman of the House Financial Services Committee (FSC), has introduced a legislative proposal aimed at providing regulatory clarityHerman HayesRipple CEO: 'The SEC Created This Mess' - Brad Garlinghouse
Ripple CEO Brad Garlinghouse has criticized US securities regulators over recent comments made by his lawyers regarding a possible appeal of the case against Ripple.Seth RowdenElon Musk's 'Tea Leaves': Dogecoin's Fate on Twitter?
Elon Musk's Twitter profile has undergone subtle changes following the platform's rebranding to "X," leading to renewed speculation about Dogecoin.Seth RowdenOpenAI's AI Detector Shut Down Over Low Accuracy Concerns
AI giant OpenAI has halted the development of its AI detection software, citing low accuracy rates. The artificial intelligence classifier, which was launched on January 31,Herman HayesCrypto Investors Shift Focus: Ethereum and Ripple Rise as Bitcoin Funds Cool Down
Bitcoin-related investment products are experiencing outflows for the first time since Blackrock filed for a spot bitcoin ETF in June,Herman HayesCoinbase vs. SEC: Preliminary Case Arguments Date Set for High-Stakes Showdown
The US Securities and Exchange Commission's (SEC) lawsuit against cryptocurrency exchange Coinbase is progressing, with preliminary arguments scheduled to be filed on August 4, 2023.Seth RowdenTwitter's Farewell to Bluebird: Elon Musk Rebrands Platform to X in Surprising Move
The popular social media platform Twitter has undergone a significant rebrand, changing its name to X. This move comes after months of teasing by former CEO Elon MuskSeth Rowden
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