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Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner
8.4.2023
China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet...
Thanks Sam! How FTX Led to World’s Worst Crypto Policy
7.4.2023
Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
7.4.2023
South Korea requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
7.4.2023
Local stakeholders call the move a “marketing gimmick” while others say its the most efficient way to mass distribute economic stimulus
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
7.4.2023
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
6.4.2023
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
6.4.2023
The European Commission raises risks to privacy, openness, cybersecurity and equality in online virtual worlds
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
6.4.2023
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
6.4.2023
The white paper proposes more tax reform, clearer accounting standards and a DAO law
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
6.4.2023
Singapore's central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
6.4.2023
Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia's central bank digital currency (CBDC) pilot
OpenAI faces Canadian privacy probe alleging personal info harvesting
6.4.2023
Canada's Head Privacy Commissioner is investigating the AI firm and watchdogs in Germany, France, Ireland and Spain could be mulling similar action
Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
5.4.2023
The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the EU’s planned MiCA
U.S. Bitcoin Corp. Expected to Settle With City to Resume Mining in Niagara Falls
5.4.2023
The firm is currently trying to complete a merger with Canadian Hut 8 Mining
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
5.4.2023
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.”
Craig Wright’s UK Contempt of Court Case Over Alleged Embargo Breach Abandoned
5.4.2023
Judges at the High Court in London said they didn’t have the resources to explore the issue fully
'Shark Tank' Star Kevin O'Leary Calls Litigating Your Crypto Regulator 'Really Stupid'
5.4.2023
In Coinbase's case, O'Leary said, it would be "better to sit down and work it out" with regulators, and if a "U.S. regulator doesn't want staking or lending, so be it."
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
4.4.2023
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
4.4.2023
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?