US House Democratic coalition creates AI working group
Democrats from the United States House of Representatives have formed a working group on artificial intelligence aimed at introducing new...
Regulation
Singapore central bank releases regulatory framework for stablecoins
Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the...
Pro-Bitcoin Javier Milei wins most votes in Argentina primary election
An Argentine politician, who supports Bitcoin (BTC) and calls for abolishing his country’s central bank, has taken the lead in...
Legal scholars file amicus brief in support of Coinbase
A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of...
SEC delays Ark Invest spot Bitcoin ETF application
SEC announced the delay today, publishing a letter calling for more information from the public. A decision on Ark Invest...
Argentine agency opens investigation into Worldcoin over biometric data
Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8...
Bitstamp suspends trade for seven SEC-flagged tokens
Key takeaways Bitstamp has halted trading of AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for traders in the United...
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...
FTX has a plan, but creditors are not impressed: Law Decoded
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave...
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 and the Treasury to speed up the closure...
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...
