The founder of crypto firm Evita Pay, Iurii Gugnin, has been arrested and charged with allegedly funneling $530 million from sanctioned Russian banks into the US, raising concerns about crypto’s role in sanctions evasion.
Tag: US Government
SEC to Shift Crypto Policy Focus to ‘Notice and Comment’ Rulemaking Under Atkins
SEC Chair Paul Atkins announced a shift in the agency’s approach to crypto regulation, favoring ‘notice and comment’ rulemaking over enforcement actions. Here’s what it means for the crypto market.
SEC to Shift Crypto Policy Towards ‘Notice and Comment’ Rulemaking: A New Era?
New SEC Chair Paul Atkins signals a significant shift in crypto regulation, moving away from enforcement-based actions towards a more transparent ‘notice and comment’ rulemaking process. What does this mean for the future of crypto in the US?
GENIUS Act: Will US Stablecoin Regulation Cement Dollar Dominance?
The GENIUS Act, a key piece of US stablecoin legislation, aims to set clear rules for stablecoin collateralization and compliance, potentially solidifying the US dollar’s role in the digital asset economy.
Elon Musk Steps Down from DOGE Role: What It Means for Crypto
Elon Musk concludes his role as a Special Government Employee leading the Department of Government Efficiency (DOGE), citing difficulties in cutting federal spending. What impact will this have on the crypto markets, particularly Dogecoin?