By Adrianne Appel2025-03-03T15:51:00
The Securities and Exchange Commission (SEC) dismissed its lead case against the cryptocurrency industry, a lawsuit against crypto exchange Coinbase, signaling an about-face in the agency’s enforcement approach toward digital assets under President Donald Trump.
Coinbase, the largest cryptocurrency trading platform in the world, got its start in 2019 offering a marketplace where investors could buy and sell hundreds of cryptocurrencies. However, the extremely volatile asset faced increased scrutiny during the Biden administration after numerous, high-profile instances of fraud and the collapse of FTX.
On Thursday, the SEC said it dismissed the case due to its upcoming priority to create a “comprehensive and clear regulatory framework for crypto assets,” through the newly formed Crypto Task Force.
2025-04-08T18:18:00Z By Oscar Gonzalez
The U.S. Department of Justice (DOJ) disbanded its crypto investigation unit on Monday, marking another step from President Donald Trump to support the crypto industry and lighten the regulatory burden of potential crypto crime investigations that had started under the Biden administration.
2025-04-02T18:50:00Z By Aaron Nicodemus
The Securities and Exchange Commission (SEC)’s pivot in favor of crypto took another step as the agency indicated it wants to resolve a long-standing lawsuit against the crypto exchange Gemini.
2025-02-25T18:03:00Z By Jeff Dale
One of world’s largest cryptocurrency exchanges agreed to pay more than $500 million in penalties and plead guilty to AML and KYC violations, along with failing to register as a money transmitting business with the U.S. Treasury Department, the DOJ said.
2025-09-15T16:47:00Z By Ruth Prickett
You can already buy a coffee with your phone, but soon you could start a job or buy a house with it. Digital compliance wallets holding certificates and documents on smartphones are gaining traction worldwide.
2025-09-10T23:26:00Z By Ruth Prickett
Delays to the U.K.’s Audit Reform and Corporate Governance Bill and creation of the ARGA regulator have sparked criticism. On Sept. 8, 66 MPs sent a letter to the Prime Minister urging reforms be returned to the Parliamentary agenda.
2025-09-08T05:00:00Z By Oscar Gonzalez
The FTC officially withdrew its appeal in a federal court case over its ban on employer noncompete clauses that it passed last year. The agency, however, says it wants public input regarding the effects of employer noncompete agreements.
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