Caroline Pham, the acting chair of the US Commodity Futures Trading Commission, will leave the financial regulator to join MoonPay, following the Senate confirmation of her successor. In a Wednesday X post, MoonPay confirmed reports that Pham would join its team as a chief legal and administrative officer. She became acting chair in January amid…
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Caroline Ellison, the former CEO of Alameda Research who pleaded guilty to charges related to her role in the collapse of cryptocurrency exchange FTX, has been transferred out of the Federal Correctional Institution (FCI) in Danbury, Connecticut, where she spent the past few months serving her two-year sentence. According to Federal Bureau of Prisons records…
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US Senator Elizabeth Warren, one of the more outspoken voices against digital assets in Congress, is calling for answers from Justice Department and Treasury Department officials about a potential investigation into decentralized crypto exchanges, citing concerns over PancakeSwap and Uniswap. In a Monday letter to Treasury Secretary Scott Bessent and US Attorney General Pam Bondi,…
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Stani Kulechov, founder and CEO of Aave, said the US Securities and Exchange Commission ended a four-year investigation into the decentralized finance platform. In a Tuesday X post, Kulechov provided an Aug. 12 letter from the SEC saying that the agency did “not intend to recommend an enforcement action” against Aave. The text of the…
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A new poll conducted on behalf of the UK’s financial watchdog, the Financial Conduct Authority (FCA), suggests that cryptocurrency ownership in the country decreased over the previous 12 months, but the overall amount of digital assets held is growing. According to the results of a YouGov poll released by the FCA on Tuesday, the percentage…
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Regulators at the US Securities and Exchange Commission met with cryptocurrency industry leaders on Monday to discuss financial surveillance and user privacy, as part of the agency’s ongoing efforts to shape digital asset oversight. In opening remarks at the roundtable, SEC Commissioner Hester Peirce, who also heads the agency’s crypto task force, joined Chair Paul…
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The US Securities and Exchange Commission has dismissed cryptocurrency cases under the Trump administration at a significantly higher rate than those involving other aspects of securities laws. According to a Sunday report from The New York Times, since US President Donald Trump took office in January, the SEC has paused, dropped investigations related to or…
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Cryptocurrency ATM operator Bitcoin Bancorp, formerly known as Bullet Blockchain, said it would deploy up to 200 machines in Texas as part of its national expansion strategy. In a Monday notice, Bitcoin Bancorp said the move into Texas, expected in the first quarter of 2026, is part of a strategy to deploy ATMs nationwide. The…
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The US Office of the Comptroller of the Currency has conditionally approved five national bank charter applications for companies tied to the digital assets industry. In a Friday notice, the OCC said it had conditionally approved BitGo, Fidelity, and Paxos to convert their existing state-level trust companies into federally chartered national trust banks. In the…
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Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud. In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role…
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