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SEC Fines Mango DAO for Unregistered MNGO Tokens

SEC Fines Mango DAO for Unregistered MNGO TokensThe U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit With SEC Charges The SEC alleges that since August 2021, Mango […]

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MiCA threatens crypto firm exodus to Middle East: Regulatory expert

The upcoming regulatory framework could threaten a mass crypto exodus to the Middle East due to more favorable regulations.

Europe’s upcoming cryptocurrency regulatory framework could reduce the number of Web3 firms in the region and introduce new centralization-related concerns.

The Markets in Crypto-Assets (MiCA) bill is the world’s first comprehensive regulatory crypto framework, widely seen as a net positive for the industry.

While MiCA legitimizes the crypto ecosystem, it also threatens to introduce consolidation among crypto firms, according to Anastasija Plotnikova, CEO and co-founder of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.

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Crypto.com to launch Mastercard-powered card in Bahrain

Kamala Harris’s Blockchain Comment Sparks Mixed Reactions in Crypto Community

Kamala Harris’s Blockchain Comment Sparks Mixed Reactions in Crypto CommunityVice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe Harris is merely pandering and looking to gain political support. VP Harris Faces Skepticism Over Blockchain Statement Amid Ongoing Crypto Crackdown […]

Crypto.com to launch Mastercard-powered card in Bahrain

CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded

Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.

The United States Commodity Futures Trading Commission (CFTC) announced during a July 17 discussion at Georgetown Psaros Center for Financial Markets and Policy that it is closely watching Polymarket and other offshore crypto betting platforms.

CFTC Chair Rostin Behnam stated that the commission was “observing any activity” occurring offshore and providing “exposure to US customers.” 

Behnam explained that the concern is ensuring that Polymarket and others carry out services “legally and within the bounds of the law.”

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Crypto.com to launch Mastercard-powered card in Bahrain

Fintech Veteran: Crypto Market Growth Not Tied to US Election Outcome

Fintech Veteran: Crypto Market Growth Not Tied to US Election OutcomeWhile the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad El Baba, Ramp Network’s chief product officer, says the drop’s short-lived nature indicates users are wary of both candidates. El Baba also notes the market’s quick recovery reinforces a notion […]

Crypto.com to launch Mastercard-powered card in Bahrain

SEC crypto ‘overreach’ cost small investors $15B: John Deaton

According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

According to a prominent pro-crypto attorney and Senate candidate, the Securities and Exchange Commission’s (SEC) excessive intervention in the cryptocurrency industry has resulted in retail investors losing over $15 billion.

The US securities regulator has often been criticized for its enforcement-heavy regulatory regime over the cryptocurrency industry.

The SEC should be held accountable for its actions, as its “gross overreach” cost investors $15 billion, according to John Deaton, lawyer and Republican US Senate candidate.

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Crypto.com to launch Mastercard-powered card in Bahrain

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto EntitiesThe Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without hindering innovation. To achieve this balance, Emomotimi Agama believes Nigeria needs a clear regulatory […]

Crypto.com to launch Mastercard-powered card in Bahrain

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s EndorsementEighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC) […]

Crypto.com to launch Mastercard-powered card in Bahrain

Why is the SEC going after digital art and monkey pictures? Law Decoded

OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.

On Aug. 28, the United States Securities and Exchange Commission issued a Wells notice to OpenSea, the non-fungible token (NFT) marketplace.

OpenSea CEO Devin Finzer was “shocked” when the SEC accused the exchange of being a marketplace for unregistered securities.

The announcement resulted in an uprising in the crypto community, led by Finzer’s statement that OpenSea was prepared to “stand up and fight.”

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Crypto.com to launch Mastercard-powered card in Bahrain

Telegram CEO Pavel Durov arrested in France: Law Decoded

The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry.

On Aug. 24, Pavel Durov, the CEO and founder of the messaging platform Telegram, was arrested in France, triggering widespread reactions across the tech and crypto communities.

The arrest came as a surprise to many, given Durov’s influential role in the emerging tech and decentralized communities and Telegram’s status as a key platform for the cryptocurrency sector. 

French authorities have yet to disclose the specific charges, but the arrest is believed to be linked to ongoing investigations into data privacy and cybersecurity concerns, which have increasingly put tech giants under the legal microscope.

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Crypto.com to launch Mastercard-powered card in Bahrain