The SEC’s record-breaking enforcement year revealed unprecedented financial penalties and bold action against high-risk sectors, including crypto and private funds, marking a pivotal moment for market regulation. SEC Achieves Historic $ 8.2B in Remedies From 583 Enforcement Actions in 2024 The U.S. Securities and Exchange Commission (SEC) announced on Friday a record-breaking year for …
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions, particularly in the crypto sector, targeting noncompliant platforms and insider trading, resulting in billions in penalties. Gurbir Grewal to Depart as SEC Enforcement Director The […]
Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge mistake,” considering that these actions affected the status of the U.S. dollar as a reserve currency. Russian […]
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign against non-custodial wallets is now underway. Debate Over Crypto Wallet Regulation […]
Nigerian blockchain lobby group has said the government’s decision to block access to crypto trading like Binance, Kraken and Coinbase will not “help Nigeria build the much-needed trust and confidence in the financial system.” The advocacy group also said the Nigerian Communications Commission’s directive to telecommunication companies may not be consistent with the “norms of […]