Terraform Labs and its founder, Do Kwon, are in the sights of the United States Securities and Exchange Commission (SEC), which has sparked various reactions from lawyers within the crypto community.  On Feb. 16, the SEC accused and charged Kwon and Terraform Labs for allegedly selling a “suite of crypto […]

The United States Securities and Exchange Commission (SEC) is facing scrutiny for its recent lawsuit against Terraform Labs and its founder, Do Kwon. Court documents suggest that the regulatory body is treating Terra and Kwon with significantly less severity than Ripple, raising questions about the SEC’s inconsistent approach to regulating […]

The bullish momentum in altcoins returned this week as the cryptocurrency price started to rise again. However, the altcoins are in overbought situations at their respective price levels. We will talk about some of these digital currencies.  Mina Mina (MINA), which has risen to a high of $1.20, is in […]

The top Mt. Gox creditor chose to have an early payout in Bitcoin (BTC), deciding against waiting longer for an even larger payment.  Mt. Gox Investment Fund, the largest creditor of the defunct crypto exchange, reportedly decided to take its chances with a lesser but earlier payout rather than waiting […]

The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate. According to a Feb. 14 press release, the new rules would include oversight of virtual asset activities, a licensing process for virtual asset service […]

Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction took place on Feb. 16, according to data from Etherscan, and also comes two days after Binance CEO Chanpeng ‘CZ’ Zhao […]

German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, […]

GBBC Digital Finance announced Feb. 16 that it has joined the International Organization of Securities Commissions (IOSCO) as an affiliate member. The IOSCO is an international association that develops and promotes international standards for securities.  IOSCO members include 35 national securities regulators and over 200 affiliated organizations. In addition, the […]

The price of Bitcoin (BTC) is rising as it crosses the barriers of $23,000 and $24,000. Bitcoin price long-term forecast: bullish The largest cryptocurrency rose to a high of $24,895 today as it approached the next resistance level. The value of the cryptocurrency rose above its previous high. Bitcoin rose […]

Arthur Hayes, a well-known cryptocurrency trader and the founder of BitMEX, has become the largest individual holder of the token LOOKS, owning 17 million LOOKS, which is equivalent to $5.14 million. From August 24, 2022, until November 3, 2022, Hayes bought 10.68 million LOOKS at an average cost of $0.258 […]