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Why was Ryan Salame given a sentence longer than prosecutors recommended?
28.5.2024
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison
Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
27.5.2024
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether...
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
27.5.2024
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints...
Libertarian Party has US Presidential candidate — What’s his crypto platform?
27.5.2024
Chase Oliver’s proposed running mate has a strong anti-CBDC platform, but the 38-year-old Libertarian Party nominee seems to have been largely silent on crypto
Worldcoin faces bans worldwide amid increasing privacy fears
27.5.2024
Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency
What comes after spot Ether ETF approvals? Execs weigh in
27.5.2024
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity
Argentina aims to learn from El Salvador's Bitcoin success
27.5.2024
Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
26.5.2024
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto...
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...
Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
26.5.2024
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8...
Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
26.5.2024
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as...
Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins
25.5.2024
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto,...
What Is the Howey Test? Understanding Its Role in Crypto Regulation
25.5.2024
This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets...
Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’
25.5.2024
Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies, and personal financial losses within the sector. His warning followed the approval...
BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
25.5.2024
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
24.5.2024
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional...
The Unintended Consequences of FIT21’s Crypto Market Structure Bill
24.5.2024
US House Passes Central Bank Digital Currency Anti-Surveillance State Act
24.5.2024
The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill protects American values of privacy and individual...
Coinbase, SEC spar over investment definition in appeal attempt
24.5.2024
The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal