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U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
20.9.2024
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi to offer these products while reviewing a lower...
Inside OKX's Strategic Shifts to Its Regulatory Approach, Formula 1 Branding and App Design
19.9.2024
OKX has rethought the strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview
Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon
19.9.2024
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.
Crypto.com bags a Payment Service Provider Licence in Bahrain
19.9.2024
Crypto.com has received full approval from the Central Bank of Bahrain to provide payment service provider (PSP) services.…
DeFi Lending Platform Rari Capital Settles SEC Charges
18.9.2024
The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
18.9.2024
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood
Analyst: Democrat Memo Reveals Anti-Crypto Stance for Hearing
18.9.2024
As the U.S. struggles to regulate the rapidly growing cryptocurrency sector, the divide between the Democrats and Republicans…
Binance’s Yi He Provides Clarity Amid Regulatory Confusion
18.9.2024
Yi He, co-founder of Binance, has addressed concerns about the future of the crypto industry and Binance’s role…
Pro-Bitcoin Sen. Lummis Reveals Details On Revolutionary Senate Crypto Bill
18.9.2024
Senator Cynthia Lummis, known for her pro-Bitcoin stance, remains optimistic about passing crucial crypto bill before the year…
Australia to Prioritise Wholesale CBDC Over Retail
18.9.2024
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu
18.9.2024
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday
Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'
18.9.2024
Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey told CoinDesk in an interview on the sidelines...
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust...
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
17.9.2024
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
17.9.2024
One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country
U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
17.9.2024
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out
U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
17.9.2024
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity
SEC Political Crypto Bias Hearing September 18: What To Expect?
17.9.2024
A congressional hearing titled “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets” is set…