The goal behind an overpriced buyout of the Swiss company was to get a proper European license.
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation.
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime.
As the first hearing since the SEC's lawsuit on June 6, the conference is expected to be “procedural and administrative,“ though it may also give a sense of the litigation's tone.
The Responsible Financial Innovation Act will establish guardrails “to prevent another FTX-style event from occurring” in the wake of the 2022 market crash and bankruptcies.
The commission filed charges against Digitex and CEO Adam Todd in September 2022 for alleged price manipulation and failure to register.
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations.
The group raised concerns over Prometheum’s changing position on crypto regulatory clarity and under what circumstances the firm obtained a special purpose broker-dealer license.
Attackers of this kind are supposedly “big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.
After initially mandating public officials to declare their crypto, South Korean authorities now want all local firms to disclose such holdings.