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Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
17.4.2023
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
17.4.2023
Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday
Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators
14.4.2023
Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations.
In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of local stakeholders in regard to crypto mining policymaking. She said:
"The bill...
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
14.4.2023
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
14.4.2023
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday
Bitcoin Should Be Central to Regulation of Digital Assets
13.4.2023
U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo
London Stock Exchange Unit to Clear Bitcoin Index Futures, Options
13.4.2023
LCH said its partnership with trading venue GFO-X shows its commitment to the growing crypto asset class
EU’s MiCA Vote Likely Delayed by One Day Without Further Changes
13.4.2023
The landmark crypto licensing framework and funds transfer rules will likely be rubber-stamped next week as last-minute upsets now seem unlikely
Zambia to Wrap Crypto Regulation Tests by June: Report
13.4.2023
The country is also exploring issuing a central bank digital currency
High Hopes for EU’s MiCA Law With Final Vote Imminent
13.4.2023
EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...
FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
12.4.2023
Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.”
Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Says
12.4.2023
The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
12.4.2023
The central bank governor also said regulators can't rule out central bank digital currencies
SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance
12.4.2023
FTX Free to Explore Sale of Europe Arm, Swiss Court Decides
12.4.2023
The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday
EU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
12.4.2023
Law enforcement can learn how to track illicit activity, but outright crypto bans aren’t effective, a report commissioned by the EU's monitoring body for drugs concluded
G-7 Will Focus on Helping Developing Nations Introduce CBDCs
12.4.2023
The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs)
Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements
12.4.2023
If DeFi activity falls within the scope of the Securities and Futures Ordinance, it will be subject to the same regulatory requirements as traditional financial activity, says SFC official
US needs to regulate stablecoins to keep a strong dollar: Stellar CEO
12.4.2023
The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed