FTX’s former law firm hit with lawsuit alleging it set up shadowy entities
FTX’s former primary counsel Fenwick & West LLP has been hit with a class-action suit claiming it aided the crypto...
Regulation
Blockchain.com scores payment license from Singapore central bank
Crypto exchange Blockchain.com has been granted a payments license from Singapore’s central bank, the Monetary Authority of Singapore (MAS).Blockchain.com announced on...
CoinGecko now has an index for crypto tokens alleged as securities
CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and...
DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s…
Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to...
Revolut to terminate US crypto services due to regulatory challenges
Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no...
SEC freezes assets of DEBT Box, alleging $50M node license ‘sham’
The United States Securities and Exchange Commission has obtained a temporary asset freeze against Utah-based crypto company Digital Licensing Inc,...
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the...
SBF denies witness tampering amid leak of ex-girlfriend’s diary
Lawyers for Sam Bankman-Fried have denied that he attempted to intimidate witnesses in his criminal trial by talking to New...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory...
Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing...
Hester Peirce criticizes SEC warning to accounting firms
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users...
SEC adopts cyberattack disclosure rules, listed crypto firms included
Public companies in the United States, including listed crypto firms, will be required to disclose any major cybersecurity incidents within...
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of...
CFTC charges Tennessee couple over ‘Blessings of God Thru Crypto’ scheme
A Tennessee husband and wife are facing charges over “Blessings of God Thru Crypto” — an allegedly fraudulent investment scheme...
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia...
Congressman Warren Davidson calls to ban and criminalize CBDCs
United States Republican Representative Warren Davidson has spoken out against Central Bank Digital Currencies (CBDCs), urging Congress to ban them...
Terra interim CEO says any ‘little progress’ made gets derailed by accusations
Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being...
Katie Haun says SEC is “unlikely” to appeal XRP decision
Katie Haun is the founder and CEO of Haun Ventures and also a former US Department of Justice prosecutor. In...
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...
New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According...
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...
