Legal & Regulation

New York state officials have proposed amendments to allow residents to settle bail bonds with stablecoins. Assembly Bill 7024 seeks to establish a system for the administration of stablecoins to secure bail. However, the officials did not…

On another memetic day in the world of non-fungible tokens (NFTs), the Milady project got a lot of attention. The Milday NFT collection and its associated token $LADYS experienced a massive surge in value. This increase followed a tweet…

Bittrex Inc., one of the largest crypto exchanges in the U.S., has filed for Chapter 11 bankruptcy protection for its U.S.-based operations. The move comes after the Securities and Exchange Commission (SEC) accused it of operating an…

The crypto market is known for its volatile nature, and the latest victim of this volatility is Pepecoin (PEPE), a trending memecoin that has lost more than half of its value in just four days. PEPE, which saw a meteoric rise in its price…

On May 3, 2023, North Carolina’s House of Representatives passed a bill banning government entities from accepting Central Bank Digital Currencies (CBDCs). The vote, which saw 118 House members in favor and only two abstentions, marked the…

MicroStrategy, a business intelligence company co-founded by Michael Saylor, has been a leading corporate investor in Bitcoin. Since August 2020, the firm has purchased the primary cryptocurrency each quarter, accumulating a total of…

Cryptocurrency exchange Coinbase Global Inc. has reported a fifth consecutive quarter of losses, with a net loss of $79 million in the first quarter of 2023. However, the result was better than expected, beating analysts’ predictions of a…

Binance has announced that it will list Pepe Coin (PEPE) and Floki Inu (FLOKI) in its innovation zone. This was the main driver behind today’s rally of these two memecoins. Additionally, Crypto.com, one of the biggest cryptocurrency…

BitFlyer USA, a cryptocurrency exchange, was recently fined $1.2 million by the New York State Department of Financial Services (NYDFS) for violating cybersecurity regulations. This penalty is a stark reminder that the NYDFS is the primary…

Coinbase launches the Coinbase International Exchange (CIE) for crypto derivatives trading amid increased regulatory pressure in the US. As the cryptocurrency industry encounters increased regulatory scrutiny in the United States, Coinbase,…