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UK House of Lords Committee hears praise for stablecoins
U.K. Parliamentary Committee highlights stablecoins’ benefits for cross-border payments amid regulatory concerns from the FCA and BoE.
US crypto market structure impasse; Do Kwon gets 15 years
Do Kwon gets 15 years for Terraform Labs’ collapse after pleading guilty to fraud charges, capping a multinational pursuit after...
Terraform founder Do Kwon pleads guilty to two fraud charges
Reports reveal that Do Kwon pleaded guilty and waived his right to trial on two of the nine charges he...
CFTC records $17B monetary relief in 2024, thanks to digital assets
In 2024, the U.S. agency brought 58 new enforcement actions, including precedent-setting digital asset commodities cases, but the crackdown of...
SEC bags $8.2B in fines in 2024, over half from Terraform
The $8.2 billion penalties and fines bagged by the SEC consisted of $6.1 billion in disgorgement and prejudgment interest and...
FSB paper tackles stablecoin risks to emerging markets, developing economies
The Financial Stability Board paper focused on what it refers to as global stablecoins, which are stablecoins that could be...
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