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EU Seals Deal on Crypto Bank-Capital Rules
27.6.2023
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
Federal Judge Permanently Bars MetaBirkins NFT Maker From Selling Birkin-Based Collectibles
26.6.2023
The judge’s order comes several months after a jury found the NFT collection’s maker infringed on Hermes’ intellectual property
Leading House Democrat Solicits Feedback From Gensler and Yellen on Crypto Bill
26.6.2023
The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
26.6.2023
A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
26.6.2023
Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
26.6.2023
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes
Bybit Gains Crypto License in Cyprus
26.6.2023
The Dubai-based crypto exchange will gain now a foothold in the European Union after its exit from Canada and the U.K
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
26.6.2023
Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens
San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy
26.6.2023
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting...
Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn
25.6.2023
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some analysts had predicted. Turkish Lira Down 21% Since...
CFTC Kicks Off Review of Kalshi's Congressional Control Prediction Markets
24.6.2023
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi's proposed contracts to bet on who will control Congress
2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme
23.6.2023
Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
23.6.2023
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners
Binance Ordered to Halt Offering Crypto Services in Belgium by Markets Regulator
23.6.2023
The crypto exchange is accused of serving Belgian customers from countries outside the European Economic Area in violation of the law, the FSMA has said
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him
Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says
23.6.2023
Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
23.6.2023
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
23.6.2023
The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
23.6.2023
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
23.6.2023
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post