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India's Crypto Regulation Now Has Teeth, Experts Say
9.3.2023
Bringing crypto companies into the purview of anti-money laundering rules imposes obligations and exposes them to fines for breaches
FTX Proposes $4M Bonus Program as It Seeks to Retain Staff
9.3.2023
The bankrupt crypto exchange wants to offer supplements up to 94% of salary to avoid sought-after coders quitting
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
9.3.2023
U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions
Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
9.3.2023
Proof-of-reserve reports routinely touted by crypto firms to assure customers that their financial transactions are in secure hands shouldn’t be trusted, according to the U.S. organization that oversees auditing standards
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
8.3.2023
The scheme's founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
8.3.2023
The Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent customers abandon it and its stock price plunge after revealing it faced regulatory scrutiny and had to sell assets to pay off loans
Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers
8.3.2023
Craig Salm discusses what scenario is likely to play out for the firm’s ongoing bid to gain approval for its spot Bitcoin ETF following Tuesday’s appeals court hearing
CFTC continues to explore digital asset policy considerations in MRAC meeting
8.3.2023
Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was "witnessing the deployment of Web 3.0"
UK’s FCA Can’t Protect Crypto Investors From Losses, Says Agency’s CEO
8.3.2023
Nikhil Rathi made the remarks in testimony in front of the Treasury Select Committee on Wednesday
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade
8.3.2023
On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S....
Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says
8.3.2023
Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said
India's Crypto Businesses Handed Anti-Money Laundering Obligations for First Time
8.3.2023
They will have to register with the Financial Intelligence Unit and voluntarily report suspicious activities
AXA Investment Managers Gains French Crypto Registration
8.3.2023
Crypto firms are in a race to pass the governance and money laundering checks monitored by the French financial market authority as new EU rules bed in
No NFTs Are Securities – Yet, German Finance Officials Say
8.3.2023
Classification of the ownership tokens as a financial instrument would imply licensees and money laundering supervision, according to regulator Bafin
UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London
8.3.2023
The FCA began enforcing its proclamation that crypto ATMs are illegal last month, inspecting sites in the northern city of Leeds
Silvergate's Collapse May Spell Regulatory Trouble for Crypto
8.3.2023
Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
8.3.2023
FDIC examiners met with Silvergate management at its headquarters in California last week
YouTube’s New Profanity Policy Will Let You Cuss A Bit More
7.3.2023
Good news for all the potty-mouthed YouTubers out there. A new update introduced by the monetization policy team makes some important changes, letting you cuss more often in your uploads and still collect that ad-revenue bag.Read more
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules
7.3.2023
Binance should be allowed to buy assets of bankrupt crypto lender Voyager Digital in a deal worth over $1 billion, Michael Wiles, a bankruptcy judge in the Southern District of New York, ruled today
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
7.3.2023
If the crypto industry was looking for a silver lining in Federal Reserve Chair Jerome Powell’s testimony in a U.S. Senate hearing on Tuesday, the best he could offer was that he’s hoping there’s something useful and innovative amidst crypto’s mayhem