The SEC’s Division of Corporation Finance has given nonbinding guidance on how federal securities laws could apply to crypto and how industry players should make disclosures. US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities...Continue Reading

North Carolina joins the growing list of US states attempting to pass comprehensive digital asset bills as a hedge against inflation. North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying “digital assets” be accepted as a legally recognized form of payment and...Continue Reading

The approval means HashKey can provide “ETH staking services for spot ETFs,” said HashKey’s managing director, Terence Pu. Cryptocurrency exchange HashKey has received approval from Hong Kong regulators to offer staking services, potentially broadening the institutional appeal of proof-of-stake investments such as the spot Ether exchange-traded funds (ETFs). HashKey was granted approval on April 10...Continue Reading

The agency’s lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch. The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10...Continue Reading

US President Donald Trump has signed a joint Congressional resolution to repeal a rule that would have required DeFi protocols to report to the Internal Revenue Service. US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax...Continue Reading

South Korean police bust illegal gaming arcade LARPing as a legit Bitcoin mine, fake soldiers rob women of crypto in China. Asia Express. In a scam that combined a fake relationship, fake crypto, and real doorbells, a woman in Xuzhou, a city in eastern Chinas Jiangsu Province, lost over $55,000 to a man who pitched...Continue Reading