California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans
Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years....
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Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years....
Californiaâs finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay....
House Democrats have accused the SEC of selectively enforcing laws against crypto firms, while spotlighting Tron founder Justin Sun....
The launch expands Aptosâ reach in CFTC-regulated derivatives markets and adds to Bitnomialâs altcoin futures offerings as investor interest in altcoins grows....
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Bitcoin hits $93K as volume surges, but sellers dominateâwill it reach $100K or face more pressure ahead?...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....
The new policy will allow borrowers to use Bitcoin, Ether, crypto ETFs and US dollar-backed stablecoins for asset verification and income estimates without liquidation....
Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance....
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token....
Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could âundermine investorsâ confidenceâ in the financial regulator....
The crypto market structure bill in the US Senate has been delayed amid disagreements among lawmakers and influential cryptocurrency companies....
Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions....
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Actâstyle measures....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Allocations are up, personal holdings are up and recommendations are up across the board according to the latest Bitwise survey....
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
The apparent shutdown follows years of scrutiny over one of cryptoâs largest fraud marketplaces....
The move could derail efforts to get cryptoâs coveted market structure bill over the finish line....
Peeling back the layers of the ambiguously-regulated US prediction market...