Senators Cynthia Lummis and Kirsten Gillibrand propose comprehensive legislation to regulate stablecoins, aiming to balance consumer protection and innovation while addressing regulatory gaps and ensuring adherence to anti-money laundering rules.
US Court of Appeals rules in favor of Coinbase, stating secondary crypto market sales aren't securities. The decision impacts SEC's stance on XRP sales in Ripple case.
Google takes legal action against Chinese nationals for cryptocurrency scam on Google Play, seeking damages over $75,000 and a permanent injunction. Halimah DeLaine Prado emphasizes Google's commitment to combating crypto fraud.
Blast, a crypto game on the layer-2 blockchain, faced a major setback with a security breach resulting in over 60% asset loss. Insights reveal the involvement of a North Korean developer, but assets were recovered, ensuring user fund safety.