Regulatory

Idaho Pharmacy at Center of Ivermectin Controversy: Co-Owner Lawmaker Navigates New Over-the-Counter Sales Legislation Amid Regulatory Confusion

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Hayden, Idaho — A pharmacy co-owned by a local lawmaker is one of the few in the state selling ivermectin over the counter, following a new law that allows such sales. The move comes amid ongoing debates regarding the drug’s legality and safety, especially after its heightened visibility during the COVID-19 pandemic. Ivermectin, an anti-parasitic commonly used for both humans and animals, has sparked significant interest since the pandemic began. Despite its popularity as a treatment for COVID-19, the federal Food and Drug Administration (FDA) does not endorse its use for the virus, pointing to … Read more

Coinbase Faces fresh Legal Challenges Amid Ongoing Regulatory Scrutiny

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San Francisco, California — Cryptocurrency exchange Coinbase is facing mounting legal pressures as it has become the target of a new lawsuit filed by the New Jersey Division of Consumer Affairs. This legal action accuses the company of violating state regulations by offering unregistered securities. The New Jersey regulators assert that Coinbase has engaged in deceptive practices, jeopardizing consumers and providing an unfair advantage over competitors who adhere to state laws. The lawsuit claims that certain digital assets listed on the platform fall under the realm of securities, thereby requiring registration and disclosure obligations that … Read more

Washington Attorney General Leads Coalition Against Trump’s Energy Emergency Order, Claiming Regulatory Bypass Threatens Environment

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SEATTLE — Washington Attorney General Nick Brown has filed a lawsuit against the Trump administration, challenging an executive order that the president issued in January, which he described as a “national energy emergency.” The legal action, initiated on Friday in King County, contends that the president’s declaration lacks basis and serves primarily to provide oil and natural gas companies with a method to evade essential environmental regulations. The lawsuit is supported by fourteen other states, emphasizing the collaborative effort to address what Brown deems a misuse of executive power. He asserts that the emergency declaration … Read more

Crypto Clash on Hold: U.S. Court Temporarily Stays Battle Over SEC’s Authority Amid Regulatory Shuffle

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WASHINGTON — A legal standoff over the governance of cryptocurrency between state attorneys general and the U.S. Securities and Exchange Commission (SEC) is presently on hold. This pause comes as the court awaits potential resolution stemming from recent changes in the SEC’s leadership. On April 16, Kentucky’s Eastern District Judge Gregory Van Tatenhove granted a 60-day delay of proceedings, accepting the premise that the ongoing leadership transitions could significantly affect the case’s outcome. The American regulatory landscape for digital assets is experiencing a significant shift under the Biden administration, presenting a departure from former President … Read more