Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. Chief Executive Officer Brian Armstrong is set...
Regulation
FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients...
Senator Lummis urges clear crypto regulations after XRP ruling
United States Senator Cynthia Lummis has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres,...
Ron DeSantis vows to ban CDBCs in the US if elected president
United States presidential candidate Ron DeSantis once again criticized central bank digital currencies (CBDCs), arguing against the possibility of a...
EU regulator publishes consultation on MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20....
US Attorney’s Office announces charges against former Celsius CEO Alex Mashinsky
The United States Attorney for the Southern District of New York and Federal Bureau of Investigation have announced fraud charges...
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is...
Former SEC Chair says Bitcoin ETF should be approved
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate...
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, has reportedly had his first hearing for charges related to...
Coinbase was aware of securities law violations, SEC claims in letter
The United States Securities and Exchange Commission (SEC) filed a response to Coinbase’s claims that the regulator lacks jurisdiction to prosecute...
Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K
Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform...
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
United States-based cryptocurrency exchange Gemini has announced legal action against the conglomerate Digital Currency Group (DCG) and its CEO Barry...
UAE emerges as a pro-Bitcoin mining destination in the Middle East
The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle...
Australian regulator searched Binance Australia’s offices
Key takeaways ASIC searched Binance Australia’s offices The offices of Binance Australia, the Australian arm of Binance, were searched on...
spot Bitcoin ETF approval “fairly high”
$650 billion asset manager Bernstein believes there’s a good chance of a spot Bitcoin ETF approval. The SEC’s argument for...
UK Law Commission recommends ‘distinct’ legal category for crypto
The United Kingdom’s Law Commission is pushing for the creation of a ‘distinct’ category of personal property to accommodate and...
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange...
Celsius to sell altcoins for BTC, ETH starting July 1
Bankruptcy Judge Martin Glenn of the US Southern District Court of New York on Friday ordered that bankrupt crypto lender...
North Carolina approves bill on state study of Bitcoin
The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin...
Slovakia Parliament approves lowering of crypto taxes
The taxes will be lowered to 7% from the current taxation sliding scale of either 19% or 25%. Also, cryptocurrency...
Binance motion alleging SEC misconduct denied
A US judge has said the court cannot wordsmith the SEC and Binance’s press releases. But in denying the crypto...
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Cryptocurrency exchange Bybit already operates out of Dubai, but its current licensing doesn’t allow the firm to serve all customers,...
