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Nalezeno "Regulation": 11728

US Court to hear proposed remedies from Terraform Labs, Do Kwon in May

30.4.2024
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million

Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases

30.4.2024
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission...

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

30.4.2024
Changpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond

US Justice Dept charges Roger Ver with tax fraud

30.4.2024
Early crypto investor ‘Bitcoin Jesus’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes

Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges

30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...

Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether

30.4.2024
The chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC, suggesting an investigation into Ether as a security

Samourai Wallet co-founder pleads not guilty, released on $1M bond

29.4.2024
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court

Terraform proposes $1M penalty for SEC case, no relief or disgorgement

29.4.2024
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case

SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows

29.4.2024
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal...

Bankruptcy judge signs off on $450M FTX-Voyager settlement

29.4.2024
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange

Top Chinese Law Firm Analyzes Digital Yuan AML Challenges

29.4.2024
JunHe Law Firm Partner Chen Xin issues report to explore anti-money laundering challenges, opportunities and solutions in China's CBDC digital yuan deployment and regulation. The post Top Chinese Law Firm Analyzes Digital Yuan AML Challenges appeared first on Cryptonews

Thai SEC Warns Crypto Exchanges Against Glamorizing Investments, Emphasizes Advertising Compliance

29.4.2024
The Securities and Exchange Commission (SEC) of Thailand is taking measures to protect crypto investors from misleading advertisements. The post Thai SEC Warns Crypto Exchanges Against Glamorizing Investments, Emphasizes Advertising Compliance appeared first on Cryptonews

Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation

29.4.2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their...

Russian ‘Crypto Ban’ Could Come into Force by September, Lawmakers Confirm

29.4.2024
A Russian “crypto ban’ could roll out as early as September 1, top lawmakers in the country have confirmed. The post Russian ‘Crypto Ban’ Could Come into Force by September, Lawmakers Confirm appeared first on Cryptonews

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...

Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot

27.4.2024
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected...