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....
Jan 16DecryptcryptocurrencyImpact
Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years....
At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance....
Article URL: https://bitchat.free/ Comments URL: https://news.ycombinator.com/item?id=46675853 Points: 3 # Comments: 0...
California’s 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....
US lawmakers pause the CLARITY Act as DeFi leaders warn the bill still risks developers, DAOs rethink governance and regulators face mounting pressure....
Investors appear to be rotating to silver from gold, right as both surge to new highs, in a trend that echoes past altcoin seasons....
The apparent shutdown follows years of scrutiny over one of crypto’s largest fraud marketplaces....
Customs officials referred three Chinese nationals to prosecutors over an alleged cross-border crypto laundering scheme....
Ticketed help desks and live support are replacing always-on Discord channels at major DeFi protocols....
The move could derail efforts to get crypto’s coveted market structure bill over the finish line....
The moves highlight the growing uncertainty over whether crypto prediction markets are treated as finance or gambling....
Pump.fun said it will test a market-driven funding model that replaces traditional venture capital selection with live token launches....
It comes as divisions deepen within the crypto industry over whether to accept imperfect legislation now or risk tougher rules later....
Approved with 99.89% support, the proposal updates issuance and buyback parameters that govern how INJ is removed from circulation over time....
Michael Saylor’s Strategy has bought 14,910 Bitcoin since the start of the year, with the firm now holding over 687,000 Bitcoin....
Why regulation favors stablecoins over Bitcoin for salaries and how compliance, volatility and payroll rules are shaping crypto wage adoption worldwide....
Spot Bitcoin ETFs attracted over $1.7 billion in a three-day streak as BTC hit two-month highs and sentiment turned bullish....
Bitcoin is trading near $97,000 for the first time since November, with broader crypto market gains punishing bears over the last day....
The endorsement comes as tensions brew between the White House and Coinbase over whether the bill should be passed in its current form....