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Binance seeks protective order against SEC’s ‘fishing expedition’

Binance has asked a court for a protective order against the Securities and Exchange Commission (SEC) over what the crypto exchange claims is a "fishing expedition" from the regulator.In an Aug. 14 court filing, Binance put forward a motion for a protective order following deposition notices and discovery requests from

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PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2

In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD). In line with expectations, the launch has ignited a complex debate within the crypto community.Ethereum’s daily active user base hovers between 300,000 to 400,000, which is a

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Barry Silbert’s DCG Seeks to Dismiss Fraud Claims From Cameron and Tyler Winklevoss’ Gemini

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss, and “an effort to deflect blame by contriving a public, Twitter-based character assassination campaign against Defendant DCG (Genesis’ indirect parent) and Silbert (DCG’s founder) — neither of whom

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Oman financial regulator seeks feedback on proposed virtual asset framework

The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies.The Capital Market Authority of Oman is currently in the process of drafting a comprehensive regime for the

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DOJ seeks SBF’s bail revocation over tampering, diary leak allegations

In a letter to Judge Lewis Kaplan, the United States Department of Justice (DOJ) sought the revocation of Sam Bankman-Fried's (SBF) bail, accusing him of attempting to tamper with witnesses, including leaking his ex-girlfriend's diary entries to the New York Times (NYT). These actions, connected to the FTX case, have

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