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Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
12.5.2023
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail
Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
12.5.2023
While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority
House Democrats Consider New Stablecoin Bill Proposal: Source
12.5.2023
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
12.5.2023
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens
Do Kwon Set To Be Released on Bail in Montenegro Travel Document Forgery Case
12.5.2023
Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues
‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
12.5.2023
JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis
Binance.US seeking to cut Changpeng Zhao's majority stake: Report
12.5.2023
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance
Binance Criticizes US Crypto Regulations, Eyes UK for Better Oversight
11.5.2023
Major crypto exchange Binance has criticized crypto regulations in the US, calling on the country to follow in Europe’s footsteps and provide clearer rules.
Speaking at the Financial Times’ Crypto and Digital Assets Summit in London on Wednesday this week, Binance’s Chief Strategy Officer Patrick...
McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?
11.5.2023
The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if they’re ignored...
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
11.5.2023
The U.S. Internal Revenue Service and crypto investigations company Chainalysis are working with Ukraine to target Russian oligarchs using crypto to evade sanctions
Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully
11.5.2023
Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector
BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
11.5.2023
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender
Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro
11.5.2023
Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
11.5.2023
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset...
EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals
11.5.2023
The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
11.5.2023
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...
3 takeaways from the European Union's MiCA regulations
11.5.2023
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry
Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says
10.5.2023
Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
10.5.2023
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week
Hungarian Central Bank Sees No Imminent Need for e-Forint
10.5.2023
The EU member is still trying out options for a central bank digital currency that could help the unbanked