United States

South Dakota amendment proposal prohibits use of digital currency as money
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7 March, 2023

South Dakota amendment proposal prohibits use of digital currency as money

If the proposed bill fulfills the legislative requirements, the amendments are expected to come into effect on July 1, 2024.
SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say
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6 March, 2023

SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say

Two Republican legislators wrote to the Fed, OCC, and FDIC, criticizing SAB 121 which was released a year ago; they...
Ohio joins the $22.5 million nationwide settlement against Nexo
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4 March, 2023

Ohio joins the $22.5 million nationwide settlement against Nexo

Digital asset lender Nexo settled with U.S. states and the SEC in January, agreed to fork out $45 million, and...
‘Crypto’ firms unbank themselves from struggling Silvergate
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3 March, 2023

‘Crypto’ firms unbank themselves from struggling Silvergate

Silvergate notified the U.S. SEC that it wouldn't be filing the annual report on its fiscal health by March 16,...
FTX’s Nishad Singh pleads guilty, tightens legal screws on Sam Bankman-Fried
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1 March, 2023

FTX’s Nishad Singh pleads guilty, tightens legal screws on Sam Bankman-Fried

Nishad Singh entered guilty pleas to six criminal charges, including wire fraud, conspiracy to commit securities fraud, money laundering, and...
Robinhood receives SEC subpoena following FTX collapse
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28 February, 2023

Robinhood receives SEC subpoena following FTX collapse

The U.S. securities regulator and the California Attorney General’s office are probing the digital asset activities at Robinhood, including listings,...
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