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Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly

[Oct 23, 2023 7:51 AM] Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute.

The Sam Bankman-Fried Trial: It’s the Courthouse Life for Us

[Oct 23, 2023 4:00 AM] To get a courtroom seat, you gotta show up early: at least 7:30 a.m. The overflow room is more relaxed, but there’s no Sam, just his televised image.

Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch

[Oct 23, 2023 3:41 AM] Hong Kong's financial regulators have overturned previous guidance that limited the sale of spot crypto products to professional investors. But there's a catch.

Lawmaker Tom Emmer Throws Hat in Ring for House Speaker Role

[Oct 23, 2023 2:20 AM] Congressman Tom Emmer, who's sponsored a number of crypto-related bills over the past few years and is a member of the Congressional Blockchain Caucus, said he's considering a bid for the vacant Speaker of the House position.

FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto

[Oct 20, 2023 9:56 AM] The FBI has charged six people for allegedly operating an illegal $30 million money-transmitting business using cryptocurrencies.

Crypto Shareholder Requirements Set Out by EU Banking Regulators

[Oct 20, 2023 8:09 AM] Controls on staff bonuses at crypto exchanges and wallet providers are also planned as the bloc prepares for its landmark crypto law, MiCA.

Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.

[Oct 20, 2023 5:38 AM] The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.

The Sam Bankman-Fried Trial: Our Favorite Quotes, So Far

[Oct 20, 2023 4:00 AM] It's fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point's Robert Boroujerdi – testified briefly. We won't be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when…

SEC Likely to Approve Spot Bitcoin ETF in Next Few Months: JPMorgan

[Oct 20, 2023 3:59 AM] Approval is likely before Jan. 10, which is the final deadline for the Ark 21Shares applications, the report said.

SEC Scores Default Win Against Thor Token Company and Founder David Chin

[Oct 20, 2023 2:01 AM] The U.S. Securities and Exchange Commission (SEC) has been awarded a default judgement against Thor Technologies and its founder David Chin.

Sam Bankman-Fried's Lawyers, DOJ Propose Final Sets of Jury Instructions

[Oct 19, 2023 4:38 PM] The U.S. Department of Justice and Sam Bankman-Fried's defense team filed their proposed jury instructions after the witness testimony wraps up in the coming weeks.

SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen

[Oct 19, 2023 3:08 PM] The regulator had included them as defendants in securities violation case, and the agency now says it's just pursuing Ripple for damages.

Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized

[Oct 19, 2023 1:55 PM] Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF)…

U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'

[Oct 19, 2023 12:17 PM] The U.S. Department of the Treasury's financial crimes arm is proposing to label crypto mixers as a "primary money laundering concern" in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from…

'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds

[Oct 19, 2023 10:13 AM] Can Sun testified on day 12 of the Sam Bankman-Fried trial.

Gemini, Genesis, DCG Sued by New York AG for Allegedly Defrauding Investors of $1B

[Oct 19, 2023 5:17 AM] The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.

Judge Kaplan's Ire Hits All Lawyers in the Sam Bankman-Fried Case

[Oct 19, 2023 4:00 AM] We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time.

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

[Oct 19, 2023 2:53 AM] Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

Coinbase Picks Ireland for EU Hub With MiCA Law Set to Open European Market

[Oct 19, 2023 2:51 AM] Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.

German Regulator Warns Consumers About MEXC's Crypto Custody

[Oct 19, 2023 2:28 AM] The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so.

FTX Used Billions in Customer Funds to Buy Back Binance Stake

[Oct 19, 2023 2:06 AM] Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.

Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

[Oct 18, 2023 12:01 PM] The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

[Oct 18, 2023 9:16 AM] U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism.

'Oh, Yes': Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

[Oct 18, 2023 9:15 AM] Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried's tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange's demise.

Digital Euro Project Moves to 'Preparation' Phase

[Oct 18, 2023 8:09 AM] The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.

U.S. Treasury Targets Gaza Crypto Business in Sanctions to Squeeze Hamas

[Oct 18, 2023 8:05 AM] The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza.

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

[Oct 18, 2023 8:00 AM] Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope.

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

[Oct 18, 2023 7:54 AM] Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.

DLT Securities Rules Are Here to Stay, EU Official Says

[Oct 18, 2023 6:20 AM] New European laws took effect in April, but fears over its limited scale may have inhibited take-up.

EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro

[Oct 18, 2023 4:46 AM] The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping