Taiwan eyes Bitcoin as hedge against inflation and US Treasury exposure
Lawmaker Ko Ju-Chun suggests adding Bitcoin to national reserves. Taiwan has 423 metric tons of gold in its asset base. New Hampshire in the US passed a law to include…
Another win for Coinbase as Vermont drops its crypto staking case against exchange
Paul Grewal, Coinbase’s chief legal officer, said their “work isn’t over” Vermont issued a Show Cause Order shortly after the SEC filed a lawsuit against Coinbase in 2023 The SEC…
SEC to drop lawsuit against Kraken, ending a “wasteful, politically motivated campaign”
The SEC filed a lawsuit against Kraken in 2023 The agency argued that the platform was operating without conducting the proper registration Kraken said the SEC’s decision was a “turning…
SEC drops its case against MetaMask, Consensys says
Consensys has announced the SEC will drop its case against MetaMask. The regulator sued the company over the wallet’s staking feature, alleging securities violations. SEC has dropped investigations or cases…
SEC drops investigation against Gemini, no action taken
The SEC has dropped investigations against Coinbase, Robinhood Crypto, and Uniswap Cameron Winklevoss said the result does “little to make up for the damage” done He said there should be…
SEC drops case against Uniswap, marking a “huge win for DeFi”
Coinbase and Robinhood Crypto have also had their investigations dropped by the SEC Uniswap said it was a “huge win for DeFi” The move comes as the SEC undergoes a…
Nigerian authorities seeking a $79.5B penalty against Binance
Nigeria’s federal government has sued Binance for a $79.5B penalty. The government demands $2B in back taxes for 2022-2023. Binance is accused of tax evasion and operating without a license.…
US court grants Coinbase interlocutory appeal in case against the SEC
Coinbase can now seek guidance from the Second Circuit Court of Appeals to determine if the SEC’s complaints against it are valid The SEC first filed a complaint against Coinbase…
Investors withdraw appeal in Dogecoin lawsuit against Elon Musk
Plaintiffs have dropped their appeal in the Dogecoin lawsuit against Elon Musk. Judge Hellerstein in August ruled Musk’s public statements weren’t grounds for fraud claims. Both parties have withdrawn motions…
Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren
Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues. Ripple supports Deaton’s campaign while also backing Kamala…