The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
Read moreSupreme Court ruling ‘changes the game’ for US crypto firms
The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”
Read moreBitMEX expects ‘no further fines’ for ‘old’ AML violation in US
BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.
Read moreCFTC Chair reiterates BTC and ETH are commodities in testimony
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect
Read moreBitMEX pleads guilty to Bank Secrecy Act violation
BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.
Read moreChamber of Progress says Biden can ‘still win’ on crypto against Trump
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation.
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