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Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?

10.2.2023
The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators

Russian Government Says It Won’t Rush into Crypto-powered Trade with Iran

10.2.2023
The Russian government has said it is exploring the notion of using crypto in trade deals with Iran – but will not be hurried into action. Per RIA Novosti, Moscow wants to put a “clear regulatory framework” into place before allowing Russian firms to do business with Tehran in crypto.... Read...

Banks under pressure from U.S. authorities to cut ties with crypto firms

9.2.2023
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities

Crypto and securities: New interpretation of US Howey test gaining ground

9.2.2023
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions

Russian government subsidies crypto mining facility in Siberia

9.2.2023
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid

Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

9.2.2023
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn

Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearing

8.2.2023
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners

Crypto and psychedelics: Clarifying regulations could help industries grow

8.2.2023
It’s a long road to federal legalization, but opposition to psychedelics is waning at the state level and Capitol Hill

Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers

8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...

FBI Faults North Korean Government For $100M Crypto Heist

6.2.2023
The Federal Bureau of Investigation (FBI) has blamed a cyber-attack group backed by the government of North Korea for its role in a $100m crypto heist reported on 24 June 2022. The funds mainly in Ethereum (ETH) were stolen from Harmony's Horizon bridge.... Read More: FBI Faults North Korean...

China doles out millions in digital yuan in bid to boost adoption: Report

6.2.2023
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season

India to Introduce Measures Around Crypto This Year, Says Government Official

6.2.2023
The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers...

Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’

5.2.2023
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it...

Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’

5.2.2023
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka...

Tax strategies allow crypto investors to offset losses

4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax

4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...

Uzbekistan Collects Over $300,000 From Crypto Sector

4.2.2023
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan...