The U.S. Securities and Exchange Commission's long-awaited plan to boost cryptocurrency offerings would clear the way for crypto projects to raise capital from retail traders, but the proposal already faces major questions from how it permits secondary trading to the limits it puts on states.
The U.S. Securities and Exchange Commission's long-awaited plan to boost cryptocurrency offerings would clear the way for crypto projects to raise capital from retail traders, but the proposal already faces major questions from how it permits secondary trading to the limits it puts on states.
A Manhattan federal judge gave leave Monday for the Commodity Futures Trading Commission to oppose a bid by a U.S. Army sergeant to sink criminal charges over his alleged Polymarket bets on the capture of deposed Venezuelan President Nicolás Maduro.
A California federal jury on Monday held that cryptocurrency startup founder Japheth Dillman deceived Block Bits investors by falsely claiming the company's auto-trading platform was up and running, following a trial in which his co-founder testified against him under a plea agreement.
Artificial intelligence-powered stablecoin neobanking platform Fasset on Monday revealed that it reached a $1 billion valuation after closing its latest funding round with $68 million in tow.
The Trump administration is withdrawing Biden-era guidance that encouraged banks and other lenders to offer specialized programs to boost credit access for underserved borrowers, according to a new Federal Register notice.
The National Credit Union Administration said Monday that President Donald Trump's pick to lead the federal credit union regulator has now formally taken office, ending its brief leaderless stretch without any sitting chairman or board members at its helm.
Prediction market giant Kalshi is fighting to keep New York's suit targeting its sports event contracts in federal court, punching back at the state's contention that those offerings should be subjected to state-level gambling regulations.
Ohio's digital asset law should ease the path to using cryptocurrency as collateral, and as the October effective date approaches, lenders should update their loan documentation and diligence processes to take advantage of the new control-based perfection rules, say attorneys at Kegler Brown.
During a break in a jury trial Monday over states' claims Meta hid social media's harm, states' counsel urged a California federal judge to require Meta to re-review all of its attorney-client privilege designations, arguing that "it seems actually logically impossible" that Meta described the wrong standard in only a single document.
A voting rights nonprofit is accusing the U.S. Department of Justice of stonewalling a request for records on the Trump administration's attempted "anti-weaponization fund," claiming that the agency has spent the summer unlawfully ducking a Freedom of Information Act submission.
A Houston-based personal injury law firm sought bankruptcy relief on Monday with more than $50 million in liabilities after a mass tort litigation marketing company sued for over $9 million in fees related to finding potential victims of water contamination at Marine Corps Base Camp Lejeune.
Multiple attorneys asked a Texas federal court to toss claims that they conspired to hijack 1,000 cases filed by hurricane survivors who had hired and built cases with a different firm, claiming the firm that brought the suit failed to plead a viable RICO claim.
The Delaware Chancery Court last week saw a wave of lawsuits involving corporate oversight, take-private deals, financing transactions, bankruptcy fallout, stockholder voting rights and disputes over control.
