Search
UK FCA's Blueprint for Fund Tokenization Nearing Completion
13.10.2023
The Financial Conduct Authority (FCA), the regulatory body overseeing the financial sector in the UK, is close to completing of a blueprint for fund tokenization.
In a recent speech, FCA Chair Ashley Alder revealed that the FCA has been collaborating with the Technology Working Group to develop...
G20 adopts IMF-FSB Synthesis paper on crypto regulation
13.10.2023
The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis paper of the International Monetary Fund and the Financial Stability Board in September
US Oversight and Accountability Committee Slams Gary Gensler For Lack of Cooperation
13.10.2023
The US House Committee on Oversight and Accountability has issued a warning to Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), asking him to cooperate or face disciplinary action.
In a letter addressed to Gensler, James Comer, Chairman of the Committee on Oversight...
G20 Finance Leaders Release Joint Communique Adopting Crypto Regulation Roadmap
13.10.2023
G20 Finance Ministers and Central Bank Governors have issued a joint communique in Marrakech, Morocco announcing unanimous adoption of a comprehensive roadmap aimed at regulating crypto assets.
The joint communique was released during the fourth and final G20 FMCB meeting under India’s...
7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule
13.10.2023
Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...
Coinbase Executive Urges Congress to Pass ‘Sensible’ Crypto Legislation Swiftly as Middle East Conflict Escalates
13.10.2023
Coinbase’s chief legal officer has called on U.S. Congress to pass sensible crypto legislation following reports that Hamas has amassed millions in cryptocurrency amid the escalating Middle East conflict. “We need this industry flourishing in nations committed to the rule of law, not driven...
Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX
12.10.2023
Among the claims included allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store's "name, goodwill, and brand recognition"
Changpeng Zhao's tweet 'contributed' to collapse of FTX, claims Caroline Ellison
12.10.2023
The former Alameda Research CEO placed part of the blame for FTX's failure on CZ, while the Binance CEO claimed Ellison's offer to buy the firm's FTT holdings was the cause
CFTC announces lawsuit against Voyager Digital and former CEO
12.10.2023
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
11.10.2023
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough
EU’s Securities Regulator Weighs In On The Risk and Benefits of DeFi to the Economy
11.10.2023
The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption.
In a report released on Oct 11, the 22-page document highlights the risks posed by a sector that holds much promise and reshaped...
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
11.10.2023
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried's criminal trial, delving into potential investments prior to FTX's bankruptcy
Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX
11.10.2023
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders
Today in Crypto: New Monopoly Edition to Showcase Crypto, Tokens.com Launches Customized Multiplayer Game in Fortnite for Sleep Tech Company
11.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: New Monopoly Edition to Showcase Crypto, Tokens.com Launches Customized Multiplayer Game in Fortnite...
Rebuilding Reputation: Crypto Industry Seeks Legal and Compliance Experts
11.10.2023
The cryptocurrency industry has been grappling with major challenges, including the collapse of FTX, fraud allegations, and the fall of some other high-profile companies.
This has created a need for legal and compliance professionals in the crypto sector, particularly due to the growing...
U.K. Government Urged to Address NFT Copyright Infringement – Here's the Latest
11.10.2023
A cross-party committee in the United Kingdom has called on the government to collaborate with non-fungible token (NFT) marketplaces in order to combat copyright infringement.
In a report released on Wednesday, the committee outlined its recommendations, which also included suggestions...
Crypto advocates weigh on race for next US House Speaker
10.10.2023
Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
10.10.2023
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again
Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest
10.10.2023
Leading crypto exchanges Coinbase, Revolut, and Binance have updated their mobile and web applications to comply with the new regulations from the United Kingdom Financial Conduct Authority (FCA).
Coinbase and Revolut informed their customers via email about the changes, which included...