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Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

[May 5, 2023 9:51 AM] The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.

New York Attorney General Seeks New Crypto Powers for State Regulators: Report

[May 5, 2023 7:01 AM] The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

[May 5, 2023 3:19 AM] The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

[May 5, 2023 2:04 AM] The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

Wrapping Up Consensus 2023

[May 4, 2023 3:39 PM] Missed Consensus 2023? Catch up on some of the most important conversations here.

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

[May 4, 2023 5:43 AM] The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy

[May 4, 2023 2:02 AM] The policy announcement makes no mention of crypto, which the government cracked down on in 2021.

Supposed AI-Based Crypto Token Using Elon Musk's Image Targeted by Texas Securities Board

[May 4, 2023 1:42 AM] Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam.

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

[May 3, 2023 4:37 PM] The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

[May 3, 2023 3:48 PM] Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

[May 3, 2023 3:15 PM] Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters.

RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race

[May 3, 2023 1:33 PM] Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.

Blockchain Association Leaves New York as Federal Regulatory Fight Looms

[May 3, 2023 9:44 AM] The advocacy group will refocus its efforts on petitioning regulators and officials in Washington.

Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide

[May 3, 2023 9:18 AM] The law on promotions is set to come into effect around four months from now, the finance ministry has said.

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

[May 3, 2023 6:00 AM] Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.

Allow Influencers to Promote Registered Crypto Firms, French Senators Say

[May 3, 2023 3:52 AM] Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions

UK Set to Ban Cold Calls Selling Financial Products, Including Crypto

[May 3, 2023 3:26 AM] The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.

BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements

[May 2, 2023 11:43 PM] https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf

White House Pushes for Punitive Tax on Crypto Mining

[May 2, 2023 3:58 PM]

Coinbase Grew Quickly by Working With U.S. Regulators. Will It Expand Even More by Disregarding the SEC?

[May 2, 2023 11:46 AM]

UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment

[May 2, 2023 4:47 AM] The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.

3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

[May 2, 2023 4:12 AM] The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

[May 2, 2023 1:36 AM] Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors.

Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges

[May 1, 2023 12:22 PM] Crypto exchange Poloniex will remit $7.59 million to settle sanctions violations allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC), the sanctions watchdog announced Monday.

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

[May 1, 2023 3:08 AM] The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg

[May 1, 2023 1:49 AM] The regulator is considering applications for digital asset exchanges on a trial basis.

U.S. House Will Have Crypto Bill in 2 Months: McHenry

[Apr 28, 2023 4:32 PM] AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry…

Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says

[Apr 28, 2023 3:57 PM] The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said.

5 Consensus 2023 Takeaways

[Apr 28, 2023 3:57 PM] Members of our CoinDesk editorial team got together on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfold.