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Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
9.6.2023
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S
IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead
9.6.2023
On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for...
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
9.6.2023
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long
EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
9.6.2023
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky
Hong Kong Monetary Authority to Prepare for Retail CBDC
9.6.2023
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD
Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
9.6.2023
“Under no circumstances is ADA a security under U.S. securities laws,” IOG said
EU’s Landmark Crypto Law MiCA Published in Official Journal
9.6.2023
The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
9.6.2023
The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed Assets
9.6.2023
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Solana Foundation: SOL is 'Not a Security'
8.6.2023
SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
8.6.2023
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility
Providing Regulatory Clarity (Binance and Coinbase Edition)
8.6.2023
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
8.6.2023
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity
Social Media Targeted in EU Consumer Group Complaint About Crypto Ads
8.6.2023
BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto
Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
8.6.2023
If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
8.6.2023
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling
Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20
8.6.2023
Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins
Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says
8.6.2023
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited
Binance Says Gensler Once Offered to Be an 'Informal Advisor'
8.6.2023
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder