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US District Judge sends matter of FTX independent examiner to appellate court
30.5.2023
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit
Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
30.5.2023
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer
30.5.2023
Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown.
In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded...
Bali Government Cracks Down on Crypto Payments by Foreign Tourists
30.5.2023
The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...
Billionaire Winklevoss Twins in Crisis Mode as Gemini Crypto Exchange Faces Setbacks – What's Going On?
30.5.2023
Tyler and Cameron Winklevoss, the billionaire twins behind crypto exchange Gemini, are facing a series of setbacks as issues surrounding their exchange have reached new heights in recent times.
The crypto company is struggling with a shrinking market share, regulatory issues, a lawsuit by the...
Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners
30.5.2023
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s...
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
29.5.2023
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
29.5.2023
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1
Bali Tightens Regulations: Stricter Measures Implemented to Restrict Foreign Tourists from Using Cryptocurrency as Payment
29.5.2023
The popular Indonesian tourist island Bali will tighten rules around payments to make it harder for foreign tourists to pay with crypto.
Speaking at a press conference on Sunday, Bali Governor Wayan Koster indicated that the tighter rules on payments are part of a wider crackdown on what he called...
Texas legislative session winds down with crypto bills still in limbo
29.5.2023
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms' usage of flare gas, both awaiting Texas Governor Greg Abbott's approval or veto as of May 29
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
29.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...
HK Police Launch CyberDefender to Help Protect Citizens in the Metaverse
28.5.2023
The Hong Kong Police Force has launched CyberDefender, a new metaverse platform aimed at educating the public about the potential dangers associated with Web3 and the metaverse.
The platform, developed by the Cyber Security and Technology Crime Bureau (CSTCB), was created to prepare Hong Kong...
EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings
28.5.2023
The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights...
WEF White Paper on Crypto Asset Regulation Highlights Need for Regulation
26.5.2023
The World Economic Forum, in collaboration with its Digital Currency Governance Consortium, has released a paper on regulating crypto assets.
The international organization published the paper, titled "Pathways to Crypto-Asset Regulation: A Global Approach," on Thursday, stressing the urgency...
Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies
26.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges...
Microsoft's Smith Calls for More Regulation of Artificial Intelligence
26.5.2023
Artificial intelligence (AI) may the “the most consequential” technological change in our lifetime, and governments now need to learn how to control it, according to Microsoft President Brad Smith.
Speaking at a panel discussion in Washington, D.C. on Thursday, Smith said that “government needs...
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
26.5.2023
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
26.5.2023
Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence