NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale…
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments...
Regulation
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
Crypto-friendly Republican Representative Tom Emmer is pursuing a nomination to become speaker of the United States House of Representatives, with...
New York AG sues Gemini, Genesis for $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the...
Finland works on instant payments system, embraces digital euro
Bank of Finland (BOF) is coordinating the creation of a Finnish instant payment solution compatible with European standards. BOF board...
Middle East regulatory clarity drives crypto industry growth — Binance FZE head
Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance...
Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel....
Australia proposes new licensing regime for crypto exchanges
Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out...
California Gov. Newsom greenlights crypto regulation bill for 2025
California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations, set to...
Coinbase continues push to compel SEC to act on crypto rulemaking petition
Coinbase has doubled down on its push for a court order compelling the United States Securities and Exchange Commission (SEC)...
Ripple CTO slams Charles Hoskinson over SEC’s ETH ‘favoritism’
Ripple chief technology officer David Schwartz has countered Cardano founder’s comments about possible motives behind the United States regulators’ determination...
BarnBridge DAO votes to comply with SEC order
The decentralized autonomous organization (DAO) behind the decentralized protocol BarnBridge has conducted its voting on how to react to the...
DeFi comes with significant risks as well as benefits
The European Securities and Markets Authority (ESMA) — the European Union’s financial markets supervisory authority — released an article on decentralized...
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused...
Ukraine rolls out AI regulation roadmap
Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. The roadmap was published on...
House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to...
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to...
CBDC will improve tax collection — Argentine central banker
Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, publicly supported the Minister...
FTX-SBF charges valid despite lack of US crypto laws, DoJ says
The United States Department of Justice filed a court motion on Oct. 4 claiming the lack of crypto regulations in...
Embattled crypto lender Celsius wants to start repaying customers by year-end
Key takeaways Celsius seeks to start repaying customers soon Embattled crypto lender Celsius Network is seeking court approval to start...
Coinbase crypto exchange obtains payment license in Singapore
United States-based cryptocurrency exchange Coinbase is expanding operations in Singapore after securing major regulatory approval from the country’s central bank.Coinbase...
DOJ readies witnesses in Bankman-Fried trial, highlights FTX asset management
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in...
Paradigm accuses SEC of bypassing rules in Binance lawsuit
Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures...
