Coinbase Files Legal Challenge to Push SEC to Write Rules on Crypto April 25, 2023 By Hannah Lang Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S. Securities and Exchange Commission to...
SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public Input April 18, 2023 By Chris Prentice and Hannah Lang The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the...
SVB Failed From Mismanagement, Not Loose Regulations: FDIC April 13, 2023 By Hannah Lang Management failures, not loose regulations, prompted Silicon Valley Bank’s sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC)...
Fed Official Tells Congress Many to Blame for Silicon Valley Bank Failure March 30, 2023 By Hannah Lang The scope of blame for Silicon Valley Bank’s failure stretches across bank executives, Federal Reserve supervisors and other regulators, the...
Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry March 24, 2023 By Chris Prentice and Hannah Lang Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler...
Crypto-Focused Bank Silvergate Plans to Wind Down Following Blow From FTX March 9, 2023 By Hannah Lang Crypto-focused bank Silvergate Capital Corp. said on Wednesday it planned to wind down operations and voluntarily liquidate after it was...
Trade Group Argues SEC Case Unfairly Labels Crypto as Securities February 23, 2023 By Hannah Lang Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S....
Stablecoin Regulatory Crackdown Sends Warning to Industry February 22, 2023 By Hannah Lang The U.S. Security and Exchange Commission’s warning shot on Binance’s stablecoin over whether or not it is a security could...
Banks Should Be More Cautious on Crypto Contagion Risks, U.S. Regulators Warn January 4, 2023 By Hannah Lang Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S. regulators...
Wells Fargo to Pay $3.7B for Illegal Conduct That Harmed Customers December 21, 2022 By Chris Prentice and Hannah Lang The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co. with the watchdog’s largest ever civil penalty on Tuesday...