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Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
26.5.2023
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract
Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report
26.5.2023
A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing
Chinese city releases policy draft for metaverse industry development
26.5.2023
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city
EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says
26.5.2023
Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries
DeSantis airdrops crypto policy into the 2024 election
25.5.2023
Ron DeSantis understands the ethos of cryptocurrency. For single-issue crypto holders, that puts him ahead of the pack in the 2024 presidential race
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
25.5.2023
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation
Brazil's Central Bank Selects 14 Participants for CBDC Pilot
25.5.2023
Among those selected are the largest local banks, Visa and Microsoft
7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
25.5.2023
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
25.5.2023
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones
French Lawmakers Strike Softer Deal on Crypto Influencer Law
25.5.2023
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
25.5.2023
Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
25.5.2023
Lawmakers recently called for the Bill to take effect within two months
Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
25.5.2023
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said
Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake
25.5.2023
Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue
Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail
25.5.2023
A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval
Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment
25.5.2023
On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory...
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
25.5.2023
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up
DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’
25.5.2023
Florida’s governor and the Republican’s latest leadership candidate talked crypto and central bank digital currencies in a Twitter space with Elon Musk
Excavating the Truth Around the Bitcoin Mining Discourse
24.5.2023
Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked the plant and its continued operation, we found...
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
24.5.2023
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to influence U.S. policy