CFTC Takes Legal Action Against KuCoin for Alleged Violations

by Александр Пирогов | Mar 27, 2024 | Blog News

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against KuCoin, a prominent digital asset exchange, citing violations of the Commodity Exchange Act (CEA) and CFTC regulations. The lawsuit targets multiple entities operating under the KuCoin name,...

EU Launches Non-Compliance Probe into Tech Giants Apple, Meta, Amazon, and Alphabet

by Александр Пирогов | Mar 26, 2024 | Blog News

The European Commission has initiated a non-compliance investigation into tech behemoths Apple, Meta, Amazon, and Alphabet, under the Digital Markets Act (DMA). This move, announced on March 25, comes as the Commission suspects that these companies’ measures may...

Philippine SEC Takes Decisive Action Against Binance Amid Security Concerns

by Александр Пирогов | Mar 26, 2024 | Blog News

The Philippine Securities and Exchange Commission (SEC) has ordered the blocking of cryptocurrency giant Binance’s online presence within the country. The decision, announced on Monday, stems from the SEC’s concerns over the security of Filipino...

NEAR Coin: Bridging AI and Blockchain at Nvidia’s Cutting-Edge Event

by Александр Пирогов | Mar 26, 2024 | Blog News

Last week marked a significant moment for artificial intelligence-focused altcoins, particularly with Nvidia’s major announcements. At the NVIDIA GTC 2024 event, which included a segment dedicated to cryptocurrency, NEAR Protocol’s co-founder Illia...

SEC Accuses Terraform Labs in Major Crypto Fraud Trial

by Александр Пирогов | Mar 26, 2024 | Blog News

In a trial at the US District Court for the Southern District of New York, the US Securities and Exchange Commission (SEC) has portrayed Terraform Labs and its co-founder, Do Kwon, as central figures in a massive financial deception that left investors in dire straits...

Legal Challenge Against SEC’s Airdrop Regulation

by Александр Пирогов | Mar 26, 2024 | Blog News

The DeFi Education Fund and Beba LLC have jointly initiated legal proceedings against the US SEC to clarify the status of airdrops as non-securities offerings. They argue that the SEC’s regulatory actions pose an existential threat to the crypto industry and are...