by Theresa Joy Lacatan | Aug 3, 2024 | Blog News, Crypto News
On 30 July 2024, Coinbase came under scrutiny following allegations that it violated campaign finance laws by making a $25 million donation to the Fairshake super political action committee (PAC) while bidding for a federal government contract. These claims were...
by Theresa Joy Lacatan | Aug 2, 2024 | Blog News, Crypto News
On 30 July 2024, in a recent development, the XRP Ledger will now offer tokenized US Treasury bills (T-bills) to investors through a new partnership with OpenEden, a leading tokenization platform. This initiative, set to transform decentralized finance (DeFi),...
by Theresa Joy Lacatan | Aug 2, 2024 | Blog News, Crypto News
On 30 July 2024, the Commodity Futures Trading Commission’s (CFTC) Office of Customer Education and Outreach (OCEO) issued a customer advisory highlighting the risks and multi-faceted nature of fraud schemes that often target victims repeatedly. This warning serves to...
by Theresa Joy Lacatan | Aug 1, 2024 | Blog News, Crypto News
On 26 July 2024, the Commodity Futures Trading Commission (CFTC) announced that Senior Judge David C. Guaderrama of the U.S. District Court for the Western District of Texas entered an order on 9 July 2024, assessing monetary relief totaling over $31 million against...
by Theresa Joy Lacatan | Aug 1, 2024 | Blog News, Crypto News
On 30 July 2024, the Seoul Central District Court made a landmark ruling in favor of Wemade CEO Park Kwan-ho, ordering the now-defunct virtual asset exchange GDAC to return 7.8 million WEMIX tokens, valued at approximately $7.31 million, to Park. This decision brings...
by Theresa Joy Lacatan | Jul 31, 2024 | Blog News, Crypto News
On July 30, 2024, the Securities and Exchange Commission (SEC) charged Nader Al-Naji, the founder of the BitClout blockchain protocol now known as Decentralized Social (DeSo), with perpetrating a multi-million-dollar fraudulent crypto asset scheme. Al-Naji, who...
Quantum Updates 50 | June 2025
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance