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US Lawmaker Contradicts SEC Chair — Says Crypto Industry Not ‘Rife With Noncompliance’
4.9.2023
A U.S. congressman has defended the crypto industry against Securities and Exchange Commission (SEC) Chairman Gary Gensler, who stated that it is rife with noncompliance. The lawmaker’s statement followed a pair of legal cases in which the judges sided with cryptocurrency firms over...
Surging Adoptions, Unsupporting BUSDs, Winning Cases and 20 Crypto Jokes
2.9.2023
Read More: Surging Adoptions, Unsupporting BUSDs, Winning Cases and 20 Crypto Jokes
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
29.8.2023
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
29.8.2023
Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday
Report: Australia Explores CBDC Use Cases in Four Key Areas, Says Technology is “Some Years Away”
23.8.2023
The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project which has the potential “to support increased efficiency and resilience in some areas of the payments system”.
Per a report released...
Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
29.7.2023
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...
69% of Meme Coin Investors Buy for Fun — Study Delves Into Investor Sentiments on Meme Coins
28.7.2023
A new study conducted in May 2023 sought to uncover insights, perspectives, and outlooks on meme coins from crypto investors around the world. The online survey of 1,503 participants aimed to gauge meme coins’ potential in the cryptocurrency market. It revealed several findings about investor...
Andrew Smith, Founder of VRRB Labs, on the State of Blockchains, the Metaverse, and AI Use Cases | Ep. 251
28.7.2023
In an exclusive interview with cryptonews.com, Andrew Smith, Founder of VRRB Labs, talks about building a Layer1 blockchain, how Metaverses should not be built on the blockchain, and how AI will make crypto more efficient. ...
Read More: Andrew Smith, Founder of VRRB Labs, on the State...
Bankrupt FTX and Genesis Global to Settle Dispute in Bankruptcy Cases
28.7.2023
Bankrupt crypto exchange FTX and crypto lender Genesis have come to an agreement to settle their disputes within their bankruptcy cases.
The agreement was disclosed in a letter submitted by their legal representatives to the US bankruptcy court for the Southern District of New York...
Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money
26.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property...
Singapore High Court Declares Crypto as Property in Case Involving Bybit
26.7.2023
The ruling held that a crypto asset is a “thing in action” enforceable via court orders
Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America
24.7.2023
Ripple’s XRP offerings are unique, and the implications of the court’s ruling are difficult to determine, the report said
SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value
19.7.2023
Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets...
Enterprise blockchain: ‘Ethereum for Business’ explains key use cases
16.7.2023
Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology
Nexo in Court With a Co-Founder Over $12M in Missing Assets
13.7.2023
Nexo says its former managing partner left with a hardware wallet full of the company’s crypto
EU blockchain sandbox unveils first 20 use cases after wave of applications
5.7.2023
According to the European Commission, 20 projects have been selected in the first cohort to receive legal advice and regulatory guidance
Taiwan Notes Rise in Bitcoin, Ethereum Use in Bribery Cases
5.7.2023
Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimed.
Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases.
The ministry said that BTC, ETH, and other coins were also...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
Former SEC Chair Jay Clayton on US Regulator’s New Enforcement Ethos: ‘I Think That’s Problematic’
1.7.2023
Jay Clayton, former chair of the U.S. Securities and Exchange Commission (SEC), has revealed his stance on the recently implemented enforcement strategy of U.S. regulators. In an interview on CNBC, Clayton stated that the SEC’s strategy of bringing myriad cases to court against U.S....
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
28.6.2023
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme