A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the […]
“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay […]
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Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the […]
Grayscale and Bitwise distance themselves from Ether futures ETF plans
Grayscale has stopped its ETH futures ETF plans after a warning from the SEC, while […]
Montenegro prosecutors appeal against Do Kwon’s bail terms
Case files on the prosecutors’ appeal were sent to the Supreme Court in Podgorica for […]
FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy
When FTX tried to sell the platform after filing for bankruptcy, the top bid was […]
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced […]
Ripple case: SEC Hinman docs could become public by June 6, lawyer suggests
The infamous Hinman Speech docs are required to be unsealed by June 6 according to […]
SEC warns that Filecoin ‘meets definition of a security’ — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying […]
Pakistani finance minister says crypto will never be legal because of FATF
Pakistan was taken off the FATF gray list in October, and it has good reasons […]
China state-owned Greenland to apply for Hong Kong virtual asset trading license
The real estate developer’s fintech unit already has a digital banking license in Singapore; “We […]
Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
According to public prosecutor, marketing models such as rewards and dynamic rights and interests can […]
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Altman appeared alongside NYU professor Gary Marcus and IBM chief of trust Christina Montgomery to […]
Updated European tax directive requires reporting on all crypto asset transfers
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting […]
Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report by the FDIC chief risk officer cited poor management as “the root […]
SEC seeks denial of Coinbase petition for imminent crypto rules
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that […]
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto […]
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
When asked about CBDCs during a conference on transportation, Kashkari had a response on the […]
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses […]
SEC under fire for its custody rule: Law Decoded, May 8–15
Last week was harsh for the United States Securities Exchange Commission, with industry figures and […]
South Korean lawmaker leaves political party amid crypto investment controversy
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country’s enforcement of […]
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