CEO Changpeng Zhao said the lawsuit was the latest example of "regulation by enforcement" and that the SEC seeks a "near eradication" of the crypto industry.
June 6, 2023Illinois lawsuit accuses high-frequency crypto trading firm Jump Trading manipulated TerraUSD stablecoin.
May 15, 2023The CRPTO Act would ban the use of the term “stablecoin” except for digital assets backed 1:1 with the safest of reserve assets. Crypto platforms would have to reimburse fraud losses.
May 8, 2023Daniel Shin and nine others were indicted for their roles in the collapse of the Terra stablecoin which caused significant losses for investors.
April 27, 2023The stablecoin's legal structure guarantees complete segregation of the collateral assets held to back its value.
April 21, 2023ANZ tokenised ACCUs that were purchased by Grollo Carbon Ventures. Settlement occurred using ANZ's stablecoin, which was backed by pilot CBDC.
April 10, 2023Do Kwon was arrested in Montenegro. SDNY prosecutors released an indictment and will seek his extradition to the US.
March 24, 2023SDNY prosecutors are said to be looking into Telegram chats among employees at Jump Trading and Jane Street from last May.
March 15, 2023NAB expects to be supporting select corporate and institutional clients to transact using digital assets by the end of 2023.
March 14, 2023Singapore police confirmed "ongoing" investigations into Terraform Labs, which is also being sued by the US SEC following its collapse last May.
March 7, 2023