Regulation news · Page 178
Concerns Raised by JPMorgan on Size and Growth of Stablecoin Market
JPMorgan questions the $2 trillion projection for the stablecoin market, calling it overly optimistic amid current trends and market dynamics.
Legal Action Against Pump.fun Grows, Solana Foundation and Jito Executives Accused
Burwick Law expands its lawsuit against Pump.fun, adding Solana executives as defendants, citing RICO violations and illegal token activities.
Renewed Crypto Controversy for Park Gyuri Amid Ongoing Pica Coin Investigation
Kara member Park Gyuri faces new crypto allegations in the Pica Coin case, denying involvement in her ex's alleged fraud schemes.
KindlyMD and Nakamoto Holdings Move Forward with Merger Plans, SEC Filing Completed
Nakamoto Holdings and KindlyMD have submitted merger documents to the SEC, aiming for completion by August 11, 2025, following a $710 million capital raise.
Prometheum CEO Warns of Gambling Mindset in Tokenization of Assets
Prometheum CEO Aaron Kaplan warns that some tokenization is akin to gambling, undermining investment integrity, amidst rising scrutiny from regulators.
Trillions in Demand for US Treasury Securities Anticipated Post-Stablecoin Legislation, Says Treasury Deputy Secretary
Treasury Deputy Secretary Michael Faulkender discusses how the new stablecoin bill could create trillions in demand for US debt by boosting Treasury securities.
Goldman Sachs and BNY Mellon Set to Launch Tokenized Money Market Funds for Institutional Investors
Goldman Sachs and BNY Mellon are launching tokenized money market funds for institutional investors, leveraging blockchain technology to enhance investment efficiency.
Court Error Leads to Brief Sealing of Trump-Connected Crypto Fraud Case Docket
The DOJ attributes a brief sealing of a crypto fraud case linked to Trump associates to clerical errors, as crypto scams impact victims associated with MoonPay.
Denver-based Clergymen Charged in Massive Cryptocurrency Fraud Exploiting Faith
Denver pastor Eli Regalado and wife indicted for a $3M cryptocurrency fraud scheme, misleading investors within their faith community.
Federal Authorities Target $97M Oil Investment Fraud, Aim to Reclaim Millions in Cryptocurrency for Victims
DOJ aims to return $7.1M in crypto to victims of a $97M investment fraud led by Geoffrey Auyeung, highlighting crypto's role in laundering schemes.
Senator Cynthia Lummis Urges Colleagues to Skip August Break and Focus on Legislation
Senator Cynthia Lummis urges the Senate to cancel August recess and stay in session to address crucial digital asset market legislation.
Future of Stablecoin Regulation in Hong Kong: A Dual Approach Proposed by Ping An Securities
Ping An Securities predicts Hong Kong's dual-track regulatory system for stablecoins, enhancing RMB internationalization and increasing non-USD stablecoin market share.
IRS Introduces New Crypto Reporting Form, Raising Concerns Over Inaccurate Tax Data and Possible Audits
The IRS's new Form 1099-DA could lead to audits for crypto users due to incomplete data from exchanges, creating potential 'phantom gains'.
New Regulations Proposed in Russia to Confiscate Crypto from Illegal Miners
Russian officials propose allowing the seizure of crypto from illegal Bitcoin miners to deter unregistered mining and relieve energy grid strains.
Aptos Executive Reports Surge in RWA Tokenization Following GENIUS Act Approval
The passing of the GENIUS Act is set to drive the growth of RWA tokenization, enhancing institutional confidence in crypto and enabling innovative blockchain…
CertiK's Report Highlights Regulatory Impact on Stablecoins and Emerging Trends
The Skyne Stablecoin Report highlights how global regulations like the US STABLE Act and EU MiCA shape the stablecoin industry's evolution and market trust.
Major Money Laundering Operation in Hong Kong Nets $1.15 Billion; Two Suspects Arrested for Virtual Asset Transactions
Hong Kong Customs has uncovered a $1.15 billion money laundering scheme involving virtual assets and cash smuggling, resulting in two arrests.
Coinbase's Future: CEO Brian Armstrong Outlines Ambitious Plans for the Exchange
Coinbase CEO Brian Armstrong clarifies the exchange's future plans, confirming it will offer comprehensive crypto services, including trading and tokenization tools.
BiyaPay Highlights New Legislative Framework for Stablecoins; Tether's USDT Compliance Efforts Under Scrutiny
Explore the GENIUS Act, the first US law for stablecoins, ensuring compliance, transparency, and regulatory oversight in the $260 billion market.
Potential Impact of the GENIUS Act on Short-Term U.S. Treasury Market
The GENIUS Act may spark a new growth phase for short-term U.S. Treasury debt by ensuring stablecoin issuers adhere to strict reserve requirements.
