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US lawmakers challenge SEC on crypto asset regulation

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U.S. Representatives Mike Flood, Wiley Nickel, as well as Senator Cynthia Lummis submitted similar resolutions to strip the SEC’s Accounting Bulletin of its force and effect.

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Coin Market

BTC correction ‘almost done,’ Hailey Welch speaks out, and more: Hodler’s Digest, Dec. 15 – 21

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Bitcoin correction approaching a conclusion, Hawk Tuah influencer releases statement, and more: Hodlers Digest

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Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

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The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

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Relationship building is a hedge against debanking — OKX exec

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Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.

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