The U.S. Securities and Exchange Commission (SEC) admitted to 'flaws' in its past enforcement actions regarding cryptocurrencies and dismissed seven cases, including those against Binance and Coinbase. This comes after crypto-related fraud losses hit a record $11.4 billion in 2025, with Americans aged 60 and older accounting for $4.4 billion of those losses. The market is also witnessing potential legislative moves that could impact cryptocurrency regulation in the U.S.
Digital asset investment products saw robust momentum with weekly inflows reaching $1.1 billion, bolstered by a stellar performance in Bitcoin ETFs which recorded $411.5 million in single-day inflows led by BlackRock's IBIT. In a significant market shift, the ecosystem experienced a rare 'all-green' session, including…
Read the full storyThe U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its civil enforcement action against FAT Brands Inc. and its top leadership, including former CEO Andrew Wiederhorn. The dismissal was filed with prejudice, ensuring that the claims cannot be refiled based on the evidence developed during the…
The Federal Reserve's FedNow system continues to challenge XRP’s core utility by providing a government-backed alternative for real-time gross settlements. In response to this competitive pressure, Ripple is pivoting its strategy by transforming the XRP Ledger (XRPL) into a unified infrastructure layer for stablecoin…
The crypto-aligned Super PAC, Fellowship PAC, has officially launched its campaign for the 2026 US midterm elections by endorsing its first set of candidates. According to recent reports, the committee has already allocated $300,000 for advertising to support a Republican candidate in Georgia's 14th Congressional…
The CoinDesk 20 Index, a primary benchmark for the largest digital assets, recorded a 2.9% decline as broad-based losses swept through the market. The downturn was characterized by a unanimous slide across all constituent cryptocurrencies, signaling widespread bearish sentiment among participants. Market analysts…
Kraken, a major cryptocurrency exchange, has reaffirmed its refusal to negotiate with extortionists following a security breach that affected approximately 2,000 accounts. The extortionists claimed to possess internal recordings and limited user data as part of their ransom attempt. Investigations specifically traced…
The SEC's Division of Trading and Markets has issued specific new staff guidance clarifying how crypto trading tools can operate without registering as broker-dealers. This formal regulatory pathway confirms that software facilitating securities transactions via individual crypto wallets does not constitute a…
Exodus Movement, Inc. (NYSE American: EXOD) has initiated legal action against W3C Corp and its CEO, Garth Howat, in the Delaware Court of Chancery. The lawsuit aims to compel W3C to fulfill its contractual obligations under a Stock Purchase Agreement signed on November 24, 2025. In addition to the legal filing,…
South Korean cryptocurrency exchange Coinone has been hit with a $3.5 million fine following significant failures in its Anti-Money Laundering (AML) compliance. In addition to the financial penalty, local regulators have imposed a three-month partial suspension of the platform's operations. This enforcement action…
Binance.US has appointed Stephen Gregory as its new CEO to spearhead the platform's recovery and growth initiatives in the U.S. market. The exchange is launching a strategic pivot focused on high-demand financial products, including derivatives and prediction markets, to regain lost market share. This move is designed…