Politics

California Hits Nexo With Cease and Desist Notice

September 27, 2022 0

The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. According to the DFPI, Nexo has offered the Earn Interest Product, which […]

U.S. Platforms Remain Hesitant to Further Interest-Bearing Crypto Offerings Without Regulatory Clarity
Politics

EU MiCA Bill Takes One More Step Towards Adoption

September 22, 2022 0

The European Union’s Markets in Crypto Assets (MiCA) bill has reportedly been finalized and left open for comments. While the bill has largely focused on stablecoins and has been largely silent on the non-fungible token […]

Politics

Sparkster (SPRK) Settles With SEC Over 2018 ICO

September 20, 2022 0

“No-code” software company Sparkster will pay a $35 million settlement to the Securities and Exchange Commission (SEC) for alleged securities law violation during its Initial Coin Offering (ICO) in 2018. Sparkster offers the settlement without […]

Politics

Hodlonaut vs. Craig Wright Case Kicks Off in Norway

September 13, 2022 0

Hodlonaut, a pseudonymous Norwegian bitcoiner, and self-proclaimed bitcoin inventor Craig Wright have had their first day in a Norwegian court. Magnus Granath (aka hodlonaut)  began tweeting that Wright was a fraud back in 2019, saying […]