Search
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
3.8.2023
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered...
SEC Charges 18 Utah Defendants in $50M Crypto Fraud Scheme
3.8.2023
TK
WorldCoin to Open its ID System for Government and Private Companies: Report
3.8.2023
Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.
WorldCoin continues to attract regulatory scrutiny for its tech that is being used...
FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
3.8.2023
Liquidating FTX Dubai under UAE law would help timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings
Hashkey Wins Hong Kong's First Crypto Exchange License to Serve Retail Customers
3.8.2023
Hong Kong's first license to a cryptocurrency exchange to serve retail customers has gone to Hashkey Exchange
eToro Sued by Australia's Market Regulator for Leveraged Product
3.8.2023
Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator
Is Sam Bankman-Fried Going to Jail?
3.8.2023
Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and potentially influence her testimony
Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
2.8.2023
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023
G20 President India Publishes its Input for Framing Global Crypto Rules
2.8.2023
As the current president of the Group of Twenty (G20), India has made public its presidency note on crypto in an effort to have its suggestions included in the framing of global crypto rules
U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense
2.8.2023
Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
1.8.2023
The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
1.8.2023
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed
Binance Japan Starts Onboarding Users
1.8.2023
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
31.7.2023
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission
Crypto Exchange Binance Secures Operating License in Dubai- Here's the Latest
31.7.2023
On Monday, Binance, the world's largest cryptocurrency exchange, secured the Operational MVP License to operate in Dubai after fulfilling the necessary pre-conditions since obtaining a preparatory license in September 2022.
Last year, Binance FZE, the Dubai-based subsidiary of Binance, achieved...
U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations
31.7.2023
The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings
Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report
31.7.2023
Jeju, Busan and Incheon are in the running to be considered
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...
Binance Wins Operational License in Dubai
31.7.2023
Binance, the world's largest cryptocurrency exchange, has won a licence to operate in Dubai after meeting pre-conditions set since receiving a preparatory licence in September 2022