US Treasury, IRS propose cryptocurrency regulations for brokers
Two federal agencies of the United States — the Department of the Treasury and the Internal Revenue Service (IRS) —...
Regulation
CBDCs will gradually displace private banks, says Russian lawmaker
Central bank digital currencies (CBDC) and blockchain technology are likely to displace traditional banks, according to a lawmaker in Russia.Anatoly...
Digital euro can ward off a host of private payment service ills: ECB official
The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive...
Platforms must provide digital yuan retail payment option
While China’s central bank digital currency (CBDC), the digital yaun, goes through technological and business model upgrades, wallet providers should...
FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase
FTX debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency...
UK MPs call for global alliance to tackle AI misuse
A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
SEC charges LA company with offering of NFT securities
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory...
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
Indian Prime Minister Narendra Modi called for a global collaboration on formulating crypto regulations during the Group of 20 (G20)...
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe...
Crypto builders should ‘give up’ serving US customers for 5 to 10 years — dYdX founder
Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S....
Bitstamp halts Ether staking in the US, cites regulatory challenges
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Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts...
Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut butter to accommodate...
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment...
China proposes to bring its social credit system to the metaverse: Report
China is reportedly looking to implement a system akin to its social credit system in the metaverse and other online...
Ripple CTO clarifies on SEC appeal, spotlights case complexity
In a recent update on X (formerly known as Twitter), The Chief Technology Officer (CTO) of Ripple Labs, David "JoelKatz"...
New Zealand parliamentary report advises against hasty crypto regulation
While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is...
Crypto firm Helio Lending gets bond sentence over false license claims
Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming...
Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police
The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens...
