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Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC
13.7.2023
U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
13.7.2023
The bill, nearing approval, has measures to prevent children from experiencing harm online
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
13.7.2023
Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue
FTX Bankruptcy Lawyers Ask Court For $323m Recovery From FTX Europe Leadership
13.7.2023
Crypto exchange FTX's lawyers have asked the bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
12.7.2023
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement
Google Play Changes Policy on Tokenized Digital Assets, Allowing NFTs in Apps and Games
12.7.2023
Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide to offer the ability to buy, sell or earn tokenized assets will be required to make it clear in the Play Console that...
Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions, Russia's Duma Passes Digital Ruble Bill, Stablecoins are 'Existential Threat to Policy Sovereignty'
12.7.2023
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: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions...
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
12.7.2023
The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the Commodity Futures Trading Commission (CFTC) and...
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
12.7.2023
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said
Google hit with lawsuit over new AI data scraping privacy policy
12.7.2023
A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
12.7.2023
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
12.7.2023
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
12.7.2023
The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets
South Korea Wants Companies to Disclose Crypto Holdings
12.7.2023
Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens
12.7.2023
StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back
Coinbase Goes to Court Against the SEC
11.7.2023
Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway)
U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft
11.7.2023
The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange
Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ
11.7.2023
Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
11.7.2023
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
11.7.2023
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether