Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
A number of United States lawmakers have urged the Internal Revenue Service and the Treasury to speed up the closure...
Regulation
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...
FTX, Genesis reach in-principle agreement to settle bankruptcy case
Bankrupt crypto exchange FTX and crypto lender Genesis have reached an agreement in principle to resolve the claims brought by...
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...
SEC appeal could amplify Ripple win, says Ripple Labs legal chief
Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were...
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...
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
Former FTX CEO Sam Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that...
SEC’s appeal won’t be a setback for XRP holders – Pro XRP lawyer
Amidst speculations that a potential appeal by the US SEC could negatively impact the crypto market, Pro-XRP lawyer, Attorney John...
SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit
The U.S. Securities and Exchange Commission has suggested that it may appeal a recent ruling on the Ripple Labs lawsuit,...
Canadian police warn crypto investors on growing home robbery trend
A Canadian police department has issued a public warning of a possible trend where high-value cryptocurrency investors are being robbed...
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...
Ripple, SEC ordered to agree settlement conference dates
US Judge Analisa Torres referred Ripple vs. SEC case to Magistrate Judge Sarah Netburn. Last week’s ruling was that XRP...
SEC appeal unlikely as agency gains from ‘current confusion’ — Haun Ventures CEO
A former federal prosecutor turned chief executive of a crypto-focused venture capital fund says she would be “surprised” if the...
Senator Lummis urges clear crypto regulations after XRP ruling
Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling...
Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC
The U.S. Securities and Exchange Commission (SEC) has argued in court that approving a firm's S-1 application to go public,...
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....
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...
