63 / 82 Relevant items tagged with #Policy

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Alex Mashinsky's Bail Set at $40M, Travel Restricted

[Jul 14, 2023 12:02 AM] The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

[Jul 13, 2023 3:40 PM] That includes customer recoveries, the bankruptcy crypto lender said Thursday.

Coinbase, SEC Spar Over Definition of Securities, Nature of Staking in First Court Hearing

[Jul 13, 2023 2:02 PM] U.S. Judge Katherine Polk Faila questioned both sides on a range of topics in a Manhattan courthouse on Thursday.

Ripple, Crypto Industry Score Partial Win in SEC Court Fight Over XRP

[Jul 13, 2023 10:04 AM] The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday.

Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC

[Jul 13, 2023 6:48 AM] U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month.

UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree

[Jul 13, 2023 3:35 AM] The bill, nearing approval, has measures to prevent children from experiencing harm online.

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC

[Jul 13, 2023 2:34 AM] Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue.

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

[Jul 12, 2023 11:57 PM] Crypto exchange FTX's lawyers have asked the bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership.

Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading

[Jul 12, 2023 10:52 AM] The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures…

A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

[Jul 12, 2023 5:00 AM] The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the…

Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency

[Jul 12, 2023 4:57 AM] Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.

Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report

[Jul 12, 2023 3:35 AM] "If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

[Jul 12, 2023 3:22 AM] Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law

U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance

[Jul 12, 2023 2:50 AM] The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets.

South Korea Wants Companies to Disclose Crypto Holdings

[Jul 12, 2023 1:27 AM] Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules.

Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens

[Jul 12, 2023 12:07 AM] StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back

Coinbase Goes to Court Against the SEC

[Jul 11, 2023 2:30 PM] Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway).

U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft

[Jul 11, 2023 10:39 AM] The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.

Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ

[Jul 11, 2023 9:14 AM] Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year

EU’s Metaverse Vision Focuses on Standards, Governance and Funding

[Jul 11, 2023 7:52 AM] The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.

UK Treasury Starts Consultation on Five-Year Digital Securities Trial

[Jul 11, 2023 4:41 AM] The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

[Jul 11, 2023 4:06 AM] BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20

[Jul 11, 2023 3:00 AM] Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.

UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June

[Jul 11, 2023 2:02 AM] The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.

DOJ Charges Moroccan Man With Stealing $450K in OpenSea Spoofing Scam

[Jul 10, 2023 1:54 PM]

Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved

[Jul 10, 2023 10:38 AM] Graysclae

U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

[Jul 10, 2023 10:25 AM] U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured…

15 Retail CBDCs Likely by 2030, BIS Study Says

[Jul 10, 2023 3:00 AM] A survey conducted by the Bank for International Settlements found 93% of central banks worldwide were engaged in digital currency work in 2022.

Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims

[Jul 7, 2023 3:16 PM]

Binance Feels Strain of World’s Regulators Leaping Into Action

[Jul 7, 2023 11:35 AM] Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s…