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Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
9.8.2023
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday
Russia to Test Digital Ruble With Banks, Clients
9.8.2023
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15
Fed Starts New Program to Oversee Crypto Activity in U.S. Banks
8.8.2023
The U.S. Federal Reserve is starting a new program for overseeing banks’ crypto activity, and it further clarified its requirement that the lenders under its authority get approval before engaging in digital assets activities
Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg
8.8.2023
It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried
Bavaria's Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched
8.8.2023
The Sam Altman co-founded project has been shut down in Kenya over privacy concerns
Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, DOJ Says
8.8.2023
The U.S. Department of Justice still plans to argue that Sam Bankman-Fried conducted an "illegal campaign finance" scheme when it goes to trial in October, prosecutors said Tuesday, two weeks after saying they couldn't bring a campaign finance charge against the FTX founder due to treaty obligations
Crypto Brokerage Blockchain.com Receives Institution License From Singapore
8.8.2023
The company had received an in-principle approval from the Monetary Authority of Singapore last year
UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime
8.8.2023
The U.K. recently passed the Financial Services and Markets Act 2023 into law which gave the BoE powers to set up a systemic stablecoin regime
OpenAI launches web crawler 'GPTBot' amid plans for next model: GPT-5
8.8.2023
ChatGPT users have the option to scrap the web crawler by adding a “disallow” command to a standard file on the server
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
7.8.2023
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job
Congress, Not the SEC, Should Set U.S. Digital Asset Policy
7.8.2023
Worldcoin's Nairobi Warehouse Raided by Kenyan Police: Local Reports
7.8.2023
Kenyan police raided Worldcoin's Nairobi warehouse and confiscated documents and machines on Saturday
G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules
7.8.2023
The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and adequately minimize associated risks. India’s...
Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner
4.8.2023
The filing comes around the same time the firm requested permission to offer a bitcoin-future ETF
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
4.8.2023
Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange
Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
4.8.2023
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
4.8.2023
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges
Sam Bankman-Fried Faces Jail as DOJ Pushes for Incarceration
4.8.2023
FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U.S. Department of Justice said again in a filing late Thursday
ProShares Files Application With SEC for Bitcoin and Ether Equal Weight ETF
4.8.2023
If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts."