Article by James Field
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16 January, 2024
Genesis to forfeit BitLicense, pay $8M fine in NYDFS settlement
With the forfeiture of BitLicense, which it held since 2018, over violation of cybersecurity regulations, Genesis Global Trading will no...
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16 January, 2024
Indirect regulation: The unexpected impact of UK financial promotion regime on the digital asset industry
While the United Kingdom has good intentions in enforcing laws on the digital asset industry, the new financial promotions regime...
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15 January, 2024
SEC v Ripple: US regulator asks court to make Ripple produce more financial statements
The U.S. securities regulator has requested a federal judge compel Ripple to produce more financial statements related to institutional sales...
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15 January, 2024
Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’
The Bank of England takes aim at Bitcoin as a payment method, with Governor Andrew Bailey calling it "inefficient," while...
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11 January, 2024
BitLicense oversight criticized in New York comptroller’s report
The 57-page report poked holes in the state Department of Financial Services’ management of BitLicense, including the lack of thoroughness...
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10 January, 2024
CFTC highlights DeFi risks in new report, urges swift action
While regulators clamor to regulate the digital asset sector, a new report from the Commodity Futures Trading Commission sheds light...
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