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Coinbase CLO: Trump & Harris Consult Crypto Industry Leaders for Policies
5.9.2024
Former President Donald Trump and current Vice President Kamala Harris are in a heated race to win the…
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
5.9.2024
The FCA approved only four of the 35 applications it received in the year ended March 31
French President Macron Names Michel Barnier as Prime Minister
5.9.2024
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
5.9.2024
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against...
Over 600 Bitcoin ATMs went offline globally in 2 months
5.9.2024
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.
Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
5.9.2024
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international...
South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices
5.9.2024
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe...
Robinhood's Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
5.9.2024
Robinhood's crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California
China Urged to Establish Unified Crypto Regulations for Seized Digital Assets
5.9.2024
A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to a rise in cryptocurrency-related crimes. He stressed the lack of uniform standards complicates asset recovery...
Uniswap Labs Settles CFTC Charges Over 'Illegal' Margin Products
4.9.2024
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said
Nigerian Court Postpones Decision on Gambaryan Bail Application
4.9.2024
The next bail hearing has been scheduled for Oct. 9
Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset
4.9.2024
A change in the regime could result in lower taxes for some crypto investors
Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate
4.9.2024
The hope of crypto enthusiasts weary of industry pushback from Sen. Elizabeth Warren (D-Mass.) remains alive after the crypto sector's top candidate, lawyer John Deaton, won the Republican primary in Massachusetts and a chance to face Warren in the general election
Russia Begins a Trial of Cross-Border Payment Using Crypto
4.9.2024
The war between Russia and Ukraine has entered its third year. During this time, Western allies in Ukraine…
Elon Musk Can’t Wait to Reform US Government Spending and Regulations
4.9.2024
Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation...
SEC Charges Galois Capital for Crypto Safeguard Failures
3.9.2024
The U.S. Securities and Exchange Commission (SEC) charged Galois Capital Management LLC, a Florida-based crypto-focused advisory firm, with…
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
3.9.2024
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
3.9.2024
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal,...
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
2.9.2024
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins
2.9.2024
The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the FTX bankruptcy plan, according to a court filing Friday