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US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote
17.5.2024
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are encouraging House leaders to support the effort
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
17.5.2024
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
17.5.2024
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
17.5.2024
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it
16.5.2024
President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat
16.5.2024
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
16.5.2024
France's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
16.5.2024
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
16.5.2024
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering
Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals
16.5.2024
On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.”...
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
16.5.2024
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he's joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge...
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
16.5.2024
The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
16.5.2024
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge
Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
16.5.2024
Coinbase is developing a service which will specifically target Australia' self-managed pensions sector, the exchange's Asia-Pacific Managing Director John O’Loghlen told Bloomberg
Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme
16.5.2024
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme
U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
15.5.2024
The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee and a leading advocate for crypto...
Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma
15.5.2024
Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges
15.5.2024
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value
House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources
15.5.2024
A House proposal to revoke the U.S. Securities and Exchange Commission's Staff Accounting Bulletin 121 is likely to pass through the Senate in a vote on Thursday, multiple people familiar with the situation told CoinDesk