U.S. SEC Dismisses Case Against Nova Labs: A Major Win for the Helium Network
The recent decision by the U.S. Securities and Exchange Commission (SEC) to drop its case against Nova Labs, the developer of the Helium Network, marks a significant victory for the company and its community. This case had revolved around accusations of selling unregistered securities, which had long caused uncertainty in the crypto sector. The dismissal […]
SEC Ceases Investigation into Immutable: A Significant Shift in Crypto Regulations
The Securities and Exchange Commission (SEC) has made headlines this week with its decision to drop its investigation into Web3 gaming firm Immutable. This marks a notable shift in the regulatory landscape for cryptocurrencies and blockchain technologies. Following a slew of high-profile cases where the SEC aggressively pursued various crypto firms, this recent announcement could […]
Congress Readies for Stablecoin Legislation by August: Insights from the Blockchain Summit
United States lawmakers are poised to pass crucial legislation governing stablecoins and the overall cryptocurrency market structure by as soon as August, according to insights shared by Kristin Smith, CEO of an influential industry advocacy group, at the recent Digital Asset Summit in New York. This anticipated timeline aligns with similar predictions made by key […]
US SEC May Reassess Crypto Custody Rules Amid New Regulatory Approach
The US Securities and Exchange Commission (SEC) acting chair, Mark Uyeda, recently announced that the agency is re-evaluating its rulemaking process. The SEC will revisit a controversial proposal regarding crypto custody requirements for investment advisers that was earlier suggested during the Biden administration. Discussing at the Investment Company Institute’s 2025 Investment Management Conference, Uyeda emphasized […]
SEC’s Shift in Stance: New Directions for Crypto Custody Regulations
The U.S. Securities and Exchange Commission (SEC) is signaling a possible change in its approach to cryptocurrency regulations, particularly regarding custody rules. Under the leadership of Mark Uyeda, the SEC appears to be softening the stringent regulations previously advocated by former chair Gary Gensler. This significant shift could lead to a more favorable environment for […]
Bank of Korea Declares Bitcoin Ineligible for Foreign Reserve Inclusion
The Bank of Korea has officially announced that it will not integrate Bitcoin (BTC) into its foreign exchange reserves. This decision arises amid increasing global discussions about the feasibility of incorporating cryptocurrencies into national financial systems. On March 16, 2025, local media reported that the Bank of Korea has ruled out the addition of Bitcoin […]
Democrat Lawmaker Critiques Trump’s Cryptocurrency Reserve Plans Over Ethical Concerns
A prominent Democrat lawmaker has taken a strong stance against the Trump administration’s plans to create a strategic cryptocurrency reserve in the United States. House Representative Gerald E. Connolly of Michigan is urging the US Treasury to halt all proposals, pointing to potential conflicts of interest involving President Trump and the lack of benefits for […]
Nebraska Implements Stricter Regulations for Crypto ATMs to Combat Fraud
In a significant move to protect consumers, Nebraska has enacted new legislation aimed at tightening the oversight of cryptocurrency ATMs. As of March 12, the Controllable Electronic Record Fraud Prevention Act has been signed into law, reflecting the state’s commitment to combating fraud in the ever-evolving world of digital currency. This legislative measure was initiated […]
Ian Balina Claims SEC to Drop Charges on Sparkster ICO Promotion
IntroductionIn a surprising turn of events, Ian Balina, the CEO of Token Metrics, has made a bold claim that the U.S. Securities and Exchange Commission (SEC) is set to drop all charges against him. The charges are related to his promotion of Sparkster’s initial coin offering (ICO) back in 2018, which raised a staggering $30 […]
Interpol Called to Assist in Arrest of Crypto Entrepreneur Linked to LIBRA Scandal
A prominent Argentine lawyer has made a shocking call for the arrest of Hayden Davis, a well-known cryptocurrency entrepreneur, over his alleged involvement in the LIBRA scandal that reportedly cost investors millions. This development has stirred controversy in the cryptocurrency community, as it highlights the ongoing struggles of regulatory agencies to rein in potential fraud […]