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Sam Bankman-Fried Is Now in Jail
17.8.2023
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, I asked “Is Sam Bankman-Fried Going to Jail?” and in a rejection of that truism, the answer was “yes.”
UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says
17.8.2023
Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
17.8.2023
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
16.8.2023
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May
Chamber of Digital Commerce Policy VP Criticizes SEC’s Aggressive Stance on Crypto Industry Regulation
16.8.2023
During an interview, Cody Carbone, the Vice President of Policy at the Chamber of Digital Commerce, expressed his concerns regarding the regulatory stance the US Securities and Exchange Commission (SEC) has adopted toward the cryptocurrency industry.
Carbone highlighted that the SEC’s approach...
Crypto Mining Gets Its Own Lobbying Voice in Washington
15.8.2023
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
15.8.2023
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto
FDIC Crypto Warning Underlines U.S. Banking Agencies' Arm’s-Length Policy
15.8.2023
The U.S. Federal Deposit Insurance Corp. added crypto as one of five broad categories this year in its annual risk report, a snapshot of the dangers the banking regulator considers a top priority at the moment
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
15.8.2023
G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders' Summit in September
Singapore's Central Bank Releases Stablecoin Regulatory Framework
15.8.2023
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request
Donald Trump Holds Up to $500K in Crypto
14.8.2023
The former U.S.president launched a NFT series last year
Pro-Bitcoin Candidate Javier Milei Unexpectedly Leads in Presidential Voting in Argentina
14.8.2023
Milei had been tabbed to finish no higher than third in Sunday’s preliminary election
Zimbabwe Central Bank Says Gold-Backed Tokens Set to Be Used for ‘Transactional Purposes’
13.8.2023
The Zimbabwean central bank recently said it is close to rolling out gold-backed digital tokens “for transactional purposes.” According to the bank’s governor, the gold-backed digital tokens have already proven to be an effective monetary policy instrument. Central bank governor...
U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
12.8.2023
U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday
Sam Bankman-Fried Jailed Ahead of Trial
11.8.2023
FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond
Campaign-Finance Charges Are Back on the Menu
11.8.2023
I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop...
Ark 21Shares Bitcoin ETF Application Decision Pushed by SEC
11.8.2023
The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares Bitcoin ETF application, as it continues to look at applications from traditional finance heavyweights like BlackRock and Fidelity
Californian Regulator Updates Campaign Policy For Cryptocurrency Donations
11.8.2023
The California Fair Political Practices Commission has rolled out fresh disclosure requirements for politicians and political candidates seeking donations in digital assets.
A newly released agenda for the next commission’s meeting shows the latest updates on which political parties are to work...
Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine
10.8.2023
The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities
Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation
10.8.2023
The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said