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Bank Policy Institute Supports Elizabeth Warren's Push for Stricter Crypto Rules

29.7.2023
The Bank Policy Institute (BPI), an organization that advocates for the banking industry in the US, has publicly backed Senator Elizabeth Warren's efforts to tighten regulations for cryptocurrencies. Warren, along with three other senators, has recently reintroduced the Digital Asset Anti-Money...

‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official

29.7.2023
In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to...

US banking advocacy group support Sen. Warren’s reintroduced crypto bill

29.7.2023
According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States' financial system and protect it from illicit finance

Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ

28.7.2023
Sam Bankman-Fried's repeated efforts to contact witnesses and influence their testimony shows that "no combination of conditions will reasonably assure the safety of the community," prosecutors said in a written filing calling for his bond to be revoked

Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges

28.7.2023
Prosecutors just withdrew a campaign finance charge ahead of Sam Bankman-Fried’s criminal trial this October. That doesn’t mean the U.S. Department of Justice is letting the FTX founder off on alleged criminal conduct, however – and campaign finance charges could still be tried later

Ex-Fed Policy Analyst's Paper: Stablecoins Present Lower Risk Than Traditional Bank Deposits

28.7.2023
Dollar-pegged stablecoins may actually be less risky to hold than traditional bank deposits, according to Brendan Malone – a former Federal Reserve Board analyst. Now writing on behalf of technology research and investment firm, Paradigm, Malone argued on Wednesday that stablecoins are inherently...

SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec

28.7.2023
James Wallis said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry

Worldcoin Being Probed by French Privacy Regulator for ‘Questionable’ Practices

28.7.2023
Sam Altman’s latest eyeball-scanning initiative is attracting attention from data protection regulators

Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws

28.7.2023
The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange

U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches

28.7.2023

Sam Bankman-Fried Wants to Seal Caroline Ellison's Diary, Inner City Press Opposes

28.7.2023
FTX founder Sam Bankman-Fried has asked the court to seal the contents of the private diary of his sometimes girlfriend and ex-Alameda Research CEO Caroline Ellison

FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute

28.7.2023
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets

CFTC Overreached in Suing Binance, Crypto Exchange Says

28.7.2023
The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator's lawsuit against it

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

28.7.2023
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for...

Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT

27.7.2023
A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam

ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns

27.7.2023
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going...