The U.S. securities regulator will set up two new offices to deal with filings related to crypto assets and the life sciences sector, Reuters reported. According to Reuters, the “Office of Crypto Assets” and the “Office of Industrial Applications and…
The Federal Deposit Insurance Corporation (FDIC) issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or…
Dutch Authorities said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its sanctions list recently, Reuters reported. According to Reuters, the U.S. sanctions followed…
Vermont Department of Financial Regulation (DFR) said it believes cryptocurrency lender Celsius Network is “deeply insolvent” and does not have assets and liquidity to honor its obligations to customers and other creditors, Reuters reported. According to Reuters: The crypto lender…
The U.S. Department of Treasury announced they have outlined an interagency approach to address the risks and harness the potential benefits of digital assets and their underlying technology, including through international engagement to adapt, update, and enhance the adoption of…
On February 2, 2022, Mayor Francis Suarez tweeted: “I’m so excited to announce that the @CityofMiami has received it’s first-ever disbursement from @mineCityCoins totaling $5.25M. This is a historic moment for our city to collaborate with an innovative project that…
The Australian Competition & Consumer Commission (ACCC) has sued Meta over its misleading conduct for publishing scam celebrity crypto ads on Facebook. The lawsuit includes Ireland Limited (which is also part of Meta). The ACCC alleges that Meta “engaged in…