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” American CryptoFed registration at risk as SEC alleges filing anomalies “ American CryptoFed DAO, the first decentralized autonomous organization (DAO) to get legal recognition in the United States, is at risk of losing its registration after the U.S. Securities and Exchange Commission (SEC) dug up anomalies in the Form S-1 registration statement dated Sept….
” US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX “ United States Sens. Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX, Sam Bankman-Fried and John Jay Ray III, respectively, on Nov. 16 to ask for more information on the collapse of the cryptocurrency…
” Aussie treasurer promises crypto regulation next year amid FTX debacle “ The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week. A spokesperson for Australian Treasurer Jim Chalmers said the Treasury said it is now planning on regulations to improve…
“NYC proposes strict Airbnb registration rules to take effect in January” New York City is pressing ahead with a long-anticipated crackdown on Airbnb hosts, with officials on Friday proposing a strict new registration system for hosts that will take effect in January. Under proposed rules that were quietly and unexpectedly made public on Friday —…
” California fraud cases highlight the need for a regulatory crackdown on crypto “ The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well…
” US senator bill seeks to cushion crypto exchanges from SEC enforcement actions “ United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commission (SEC) enforcement actions. The Digital Trading Clarity Act of 2022, introduced by Sen. Hagerty,…
“NY introduces sweeping child privacy bill to make kids safer online” A new bill aiming to keep kids safer online has been introduced in the New York state senate, and it could force social media companies to implement a host of security features — including bans on advertising to youngsters and on mining their data…
” Draft US stablecoin bill would ban new algo stablecoins for 2 years “ Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagion. The bill would criminalize the…
“Bipartisan majority of voters favor stricter gun laws” A bipartisan majority of voters strongly support stricter gun legislation, a national Fox News poll found in the wake of several mass shootings that have rocked the country. Voters are overwhelmingly in favor of requiring background checks to purchase a gun, with 88% of responders saying they…
” US House Ways and Means chairman asks the GAO to check out crypto in retirement plans “ Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of…