US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). The formal request was made in an April 12 letter and aims to shed light on potential regulatory failures following Bankman-Fried’s recent 25-year […]
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Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session, according to investment bank TD Cowen. House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer last week to deliberate on stablecoin legislation, […]
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The Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement.
Judge Lewis Kaplan said at a March 28 sentencing hearing that the former FTX CEO would serve his time at a medium- or low-security prison in the San Francisco Bay Area.
The US SEC has issued a Wells notice to Uniswap Labs, the entity behind the Ethereum-based decentralized exchange, Uniswap. The notice signals the SEC’s plan to bring a lawsuit against the company for issues related to securities laws. Hayden Adams, founder of Uniswap, shared his reaction to the SEC’s warning on social media, saying: “I’m […]
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The country's "wait and see" approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.
Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing.
The Blockchain Association, Coin Center and DeFi Education Fund supported a motion for the U.S. government to dismiss charges against Roman Storm.
The civil trial between the U.S. Securities and Exchange Commission and Terraform Labs entered its tenth day without the attendance of Do Kwon.
Coinbase secures a registration in Canada, setting a precedent for crypto exchanges and enhancing trust in the digital asset market.
Tigran Gambaryan has been detained in Nigeria since March after coming to address concerns about Binance allegedly manipulating the naira.
Many expect the commission to reach a final decision on spot Ether ETFs in May with approval or denial of a filing from VanEck.
SEC Director of Enforcement Gurbir Grewal recently spoke at the SEC Speaks event, addressing the regulatory challenges the crypto industry faces. Grewal countered the narrative that the SEC lacks a clear regulatory framework for crypto, emphasizing the agency’s commitment to applying existing securities laws to the digital asset space. Refuting enforcement claims The regulator opened […]
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Gurbir Grewal claimed that the SEC’s standard for determining what a security is under the Howey test had been “clearly and consistently applied.”
'Crypto Mom' called for more positive engagement with crypto firms and fewer enforcement threats from the SEC.
The US and the UK signed a Memorandum of Understanding (MOU) to develop standards for AI Safety on April 1. The agreement aims to develop and iterate “robust suites of evaluations” for AI models, systems, and agents through coordinated scientific approaches. The two countries will specifically conduct at least one joint testing exercise on a […]
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The crypto seized was connected to James Zhong, who was convicted in 2022 of wire fraud related to the Silk Road marketplace.
Despite the 25-year sentence, there have been talks that under state law, FTX's former CEO could receive a reduced sentence.
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 13 entities and two individuals for operating in the financial services and technology sectors of the Russian economy, including those developing or offering services in virtual assets that reportedly enable the evasion of US sanctions, as reported by the Treasury Department […]
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Recent EU anti-money laundering regulations (AMLR) have sparked a heated debate about balancing combating financial crime and preserving citizens’ rights to privacy and economic freedom. The new laws, approved by most of the EU Parliament’s lead committees, have drawn criticism and support from various stakeholders. Following an article from Finbold on March 22, originally titled […]
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The European Parliament has a approved a proposed ban on anonymous crypto transactions executed through self-hosted wallets.
On-chain activity within Ethereum layer-2 protocols and ETH derivatives data suggests that the altcoin will hold the $3,200 level.
Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear.
Prosecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly used a forged Costa Rican passport in Montenegro in 2023.
The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings.
Coinbase Derivatives filed for approval of a Dogecoin futures product amid rising interest in memecoin trading.
The government of Estonia has enacted a bill that introduces stringent legal requirements for digital assets service providers, local media reported on March 21. The legislation — approved on March 20 — is part of the country’s efforts to regulate the crypto industry and enhance its reliability. Regulatory supervision on the horizon Estonia has been […]
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Prosecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier decision on Do Kwon’s extradition to South Korea.