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SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm

Criticisms of the United States Securities and Exchange Commission (SEC) are mounting as the agency remains unrelenting in its war on crypto.On April 21, Web3 venture capital firm Paradigm published a policy piece on the problems with SEC registration.It claimed that SEC chair Gary Gensler’s “attempt to brute force crypto

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Crypto firms alleged to have faked execs using AI and actors: Cali regulator

A number of firms claiming to offer artificial intelligence (AI) assisted crypto trading services have been hit with allegations of being “fraudulent investment schemes” by a California financial regulator, with two accused of using actors and AI to impersonate CEOs.On April 19 the California Department of Financial Protection and Innovation

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‘BitBoy Crypto’ intentionally misses court appearance to address alleged harassment

Ben Armstrong, also known as ‘BitBoy Crypto’, missed a court appearance ordered by a federal magistrate judge in response to the YouTuber’s alleged harassment of counsel in a lawsuit involving several crypto influencers.Judge Melissa Damian had ordered Armstrong and his counsel to appear on April 20 to address the YouTuber’s

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Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M of Circle’s USDC Stablecoin to Coinbase Custody

Maker, one of the largest decentralized lending protocols, is led by a decentralized autonomous organization (DAO), in which holders of its native maker (MKR) token vote on proposals. The protocol also issues the $5 billion DAI stablecoin, backed by some $7 billion worth of assets in Maker’s reserves. Original Source

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Crypto exchange Roqqu receives South African approval to expand operations

Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports.  South Africa has been a top priority for Roqqu as the exchange seeks to expand

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Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand

According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ethereum (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading volume from Dec. 16, 2022, to Feb. 7, 2023. As the first region in

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