The prime minister shared a video of himself being interviewed, created by scammers to promote “hands-free crypto trading.”
Many in the space monitored Sam Bankman-Fried’s criminal trial, but there are other figures potentially looking at prison time in the future.
FTX US acquired Embed for $220 million in June 2022, with the crypto exchange issuing two simple agreements for future equity to Sam Bankman-Fried.
Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.
The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
The SEC charged Terraform Labs and its co-founder Do Kwon with allegedly “orchestrating a multi-billion dollar crypto asset securities fraud” in February.
According to the Massachusetts senator, many government officials could be laying the groundwork while in public service to “audition” for positions in the crypto industry.
X owner Elon Musk told advertisers to “go f--- yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech.
U.S. crypto regulation has much to learn from Japan, Singapore and Hong Kong. But while these jurisdictions offer legal clarity around digital assets, they also have some of the toughest rules in the world, says CoinDesk’s Emily Parker.
From Nayib Bukele to Donald Trump, many current and former heads of state across the globe have used crypto and blockchain as political tools.
The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control.
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams.
According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO.
The commission said it will have until January 2024 to reach a decision on the spot Ether investment vehicle or institute proceedings to extend the deadline again.
All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain.
The CFTC commissioner, in a year marked by an aggressive, sometimes arbitrary regulatory enforcement, stood out as an accommodator of innovation in the crypto sector.
The regulator is also seeking to have the platform blocked in the country.
Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF.