Tag: regulation

Oregon’s lawsuit against Coinbase has been getting some good press—and for good reason. At first glance, it sounds like common sense consumer protection – which we’re all in favor of, right? Attorney General Rayfield contends that without proper vetting, Coinbase was selling high-risk investments that could have—and did—harm Oregonians. No...

National crypto exchange Coinbase is pushing back in court against legal action brought by the Oregon AG’s office. In suing Coinbase, Ohio’s office claims that it violates state securities laws. On April 18, an open and transparent government lawsuit was filed in front of the Multnomah County Circuit Court. It...

The world of cryptocurrency is an exciting, yet dangerous, rapidly evolving landscape filled with new ideas and technology. The Securities and Exchange Commission (SEC) is no different. Meanwhile, the SEC has announced the establishment of a Crypto Task Force. This action comes on the heels of a long-standing call for...

The Securities and Exchange Commission’s (SEC) Crypto Task Force is on a crusade. Led by Commissioner Hester Peirce, they are pursuing a consolidated regulatory regime for digital assets and even mulling a merger with the Commodity Futures Trading Commission (CFTC). The issues task force is diving deep into those pivotal...

Even central banks, through the Bank for International Settlements (BIS), are increasingly concerned. Their new report makes the audacious proclamation that crypto has reached a “critical mass.” Today, it seems like everyone else is rushing to hit the regulatory panic button. They recognize the risks, the channels of transmission, and...

The siren song of decentralized finance, or DeFi, has lured many with promises of unprecedented returns and a financial revolution. The Bank for International Settlements (BIS) has recently noted this is an enormous problem. Don’t let this song get us all heading full sail toward the jagged rocks. Their report...

Is Trump really trying to “Make America Great Again” through crypto? Or is this just his latest plan to profit, just packaged in blockchain hype. That's the billion-dollar question, isn't it? And frankly, the answer is probably…both.DeFi Dreams or Dangerous Delusions?Let's be honest, the guy's a brand. He’s always been...

Vietnam. Land of pho, ancient temples, and, believe it or not, a crypto paradise. As Western nations continue to wrestle with regulatory uncertainty, Vietnam is running full speed ahead, looking like it is welcoming digital assets with open arms. Bybit's recent meeting with the Finance Ministry to discuss building a...

Bybit CEO Ben Zhou met with Vietnam's Finance Minister Nguyen Van Thang on April 17 to discuss potential collaboration in the digital asset space. The meeting highlights Vietnam's growing interest in regulating and fostering its digital asset market, as well as Bybit's commitment to transparency and cooperation with regulatory bodies....

After all, the promise of crypto was supposed to be the opposite. They named it a revolution. This was all part of a larger movement to democratize finance, break Wall Street’s stranglehold on our economy and politics, and return power to the people. Somewhere along the way, that promise got...