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Vermont follows SEC’s lead, drops staking legal action against Coinbase

US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking...

FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and...

Satoshi Action Fund seeks to replicate cannabis industry with ‘safe haven’ states for Bitcoin custody

The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the...

SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies

US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities...

SEC request court to take further action after reaching ‘impasse’ with Binance.US

The SEC filed a joint motion on March 5 requesting the court to take further action against Binance.US over allegedly failing to comply...

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