Alex Mashinsky Arrested: Celsius Founder’s Legal Battle
Alex Mashinsky, who co-founded, and formerly presided over, the now-defunct crypto lending platform Celsius Network, was taken into custody in New York this past Thursday. The arrest followed an extensive probe into the circumstances surrounding the downfall of the company. The DOJ
Celsius Network: The Bankruptcy Saga Continues
In June of 2022, Celsius, a once prominent crypto lender headquartered in New Jersey, suspended customer withdrawals. A month later, in July, they filed for bankruptcy. During this time, Celsius stated that they had over 1.7 million registered users and 300,000
The Heat Is On: Gensler’s Take On Crypto Regulations
Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), recently testified before the House Appropriations Committee regarding a proposed budget for the commission's operations for the upcoming financial year. Gensler requested $2.436 Billion in order to support the
Brazil Cracks Down On Crypto Related Financial Crimes
One of the main challenges that cryptocurrencies face is legitimacy. Many government officials link cryptocurrencies to fraudulent dealings such as money laundering and terrorism financing. However, different jurisdictions have developed a new and differing set of rules to ensure cryptocurrencies are
SCA To License Crypto Trading In Dubai Freezone
Dubai financial market regulators have come together to make crypto asset trading legal in the Dubai World Trade Center Authority (DWTCA) zone. In a recent announcement, the DWTCA stated that it has partnered with the UAE Securities and Commodities Authority (SCA). The
SEC Postpones Bitcoin ETF Decision Until February
On December 20th, the US Securities and Exchange Commission (SEC) published a document announcing that their decision regarding the Bitcoin ETF proposal filed by Wilshire Phoenix will be delayed for February 2020. The regulator wishes to take its time evaluating
Facebook’s Cryptocurrency Libra Under a Microscope
Call us crazy… but one sure sign that cryptocurrency is being taken seriously is the fact that Facebook has announced that they have officially entered the space. Are you looking for another that Bitcoin and cryptocurrency is being taken seriously? Regulators from
US Traders Losing Access to Cryptocurrency Markets
BREAKING NEWS CryptoCoinMindSet is putting out this news update outside of our regular posting schedule due to the important nature of of this news. Residents of the United States should pay special attention to this post as the a portion of these