US Treasury Secretary calls for federal regulator to oversee stablecoins
In a hearing of the House Financial Services Committee, Janet Yellen said there should be a regulatory approach on stablecoins applicable to all U.S. states.
In a hearing of the House Financial Services Committee, Janet Yellen said there should be a regulatory approach on stablecoins applicable to all U.S. states.
The agencies released discussion papers relating to stablecoin regulation and custody in November.
According to the Fed, Farmington State Bank had winded down operations and “no longer functions as a bank” following the initial enforcement action.
Judge Sarah Netburn set a deadline of Feb. 12 for Ripple to comply with an order to provide information related to post-complaint contracts for the SEC.
According to DCG, Genesis’ proposed bankruptcy plan pays creditors “hundreds of millions of dollars more” than the amount of the petition.
Grayscale's CEO said options are good for investors as they help with price discovery and navigating the market.
South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.
Hester Peirce believes that if the SEC is “confident in its investigative work” and analysis, it doesn’t need to “demand silence on the part of settling defendants.”
Meanwhile, Terraform co-founder and CEO Do Kwon is coming to the United States for trial on charges advanced by the SEC.
Vast Bank made the strategic decision to shutter its mobile crypto app and exit the scene after receiving an OCC consent order in October 2023.