Recently, there has been a surge in activity for Bitcoin ordinal inscriptions, leading to a significant increase in the number of inscription transactions.
For purportedly running a price manipulation scheme, Hydrogen Technology Corp. and its ex-CEO will be responsible for paying $2.8 million in fines and remedies.
Janet Yellen, United States Secretary of the Treasury, emphasized the need for increased regulation of nonbank entities, citing their potential to pose a systemic risk to the financial stability of the US.