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Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities
11.9.2024
While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency's labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is right
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
11.9.2024
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
11.9.2024
India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis' annual report released Wednesday
Singapore Investigating Seven People for Providing Worldcoin Services
11.9.2024
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday
Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say
11.9.2024
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing
Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests
11.9.2024
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned
Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24
11.9.2024
Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT
Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight
10.9.2024
A second company, tZero Group Inc., said it's achieved status as a fully registered U.S. broker dealer under a rule allowing for crypto firms to join those ranks, following a path previously blazed by Prometheum Inc
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
10.9.2024
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations
Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports
10.9.2024
We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC's Director General said
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says
9.9.2024
Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45% from 2022, according to a new report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center
Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds
9.9.2024
Five U.S. states have reached a settlement agreement with GS Partners – the European operation behind several crypto investment schemes, including tokenized investments in a Dubai skyscraper – that will see investors get 100% of their money back, according to a Monday announcement from the Texas...
Kamala Harris releases policy platform details — No mention of crypto
9.9.2024
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries
Kamala Harris releases policy platform details — No mention of crypto
9.9.2024
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries
Kalshi's U.S. Election Markets Delayed Until Friday at Earliest
9.9.2024
The judge in the prediction market's court case against the CFTC has called a hearing Thursday over the regulator's motion for a two-week delay
Coinbase Must Face Shareholder Lawsuit Over Regulator Risk Concerns, Judge Rules
9.9.2024
A U.S. judge denied in part last week Coinbase's request to dismiss a class action lawsuit from shareholders accusing the exchange of misleading them about its chances of being sued by the U.S. Securities and Exchange Commission
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
9.9.2024
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia's Commodity Futures Trading Regulatory Agency, known as Bappebti
U.S. Election Betting Delay Would Be 'Devastating' to Kalshi, Firm Says
9.9.2024
Kalshi "has staked its future on this litigation and these markets," the prediction market platform said, pushing back against CFTC's emergency motion
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
7.9.2024
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale
How Might Donald Trump's Crypto Token Fit Into Regulations?
7.9.2024
The former president of the United States is launching a crypto yield product, even as he appeals to the crypto industry in his current bid for office. Donald Trump will be the "chief crypto advocate" for World Liberty Financial, a venture that has offered scant hints so far about what it will...