29 / 82 Relevant items tagged with #Policy

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FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'

[Mar 18, 2024 11:45 AM] London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims…

Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

[Mar 18, 2024 4:17 AM] The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

[Mar 15, 2024 12:32 PM] Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the…

What Happens Next in COPA vs Craig Wright Trial is Down to the Judge

[Mar 15, 2024 11:46 AM] The Crypto Open Patent Alliance is seeking several court injunctions from Wright.

Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

[Mar 15, 2024 4:43 AM] Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs

[Mar 15, 2024 2:16 AM] Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies.

El Salvador Has Thousands More Bitcoins Than Previously Known

[Mar 14, 2024 6:43 PM] The Central American nation moved $400 million in BTC into a cold storage wallet this week.

A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says

[Mar 14, 2024 2:40 PM] The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.

Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll

[Mar 14, 2024 1:58 PM] U.S. presidential candidate Donald Trump is the prevailing favorite of voters who own cryptocurrencies, according to a poll commissioned by crypto investment firm Paradigm and released on Thursday.

Justice James Mellor's Ruling on Craig Wright, COPA Trial, in His Own Words

[Mar 14, 2024 11:26 AM] The judge's remarks, as shared by the U.K. Judicial Office.

Craig Wright Not Satoshi, Didn't Author Bitcoin Whitepaper, Judge Rules

[Mar 14, 2024 7:22 AM] COPA took Craig Wright to court last month to secure such a ruling that he wasn't the pseudonymous creator of the world's largest digital asset in an effort to prevent him from suing other developers or claiming intellectual property rights over…

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange Bybit

[Mar 14, 2024 6:27 AM] Hong Kong's markets regulator identified Bybit as a suspicious cryptocurrency exchange and placed several of its products on its suspicious investment products list.

Hong Kong Starts New Phase of CBDC Testing

[Mar 14, 2024 5:54 AM] Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.

DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study

[Mar 14, 2024 4:44 AM] The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.

Crypto.com to Appeal $3.1M Fine by Dutch Regulator for Operating Without Registration

[Mar 14, 2024 2:30 AM] The Dutch central bank announced the fine was imposed for non-compliance before the company registered with the regulator.

Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry

[Mar 14, 2024 12:21 AM] An Australian Federal Court handed the Australian cryptocurrency industry a major victory in a landmark judgement on Thursday.

FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says

[Mar 13, 2024 6:09 PM]

Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ

[Mar 13, 2024 4:34 PM] The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.

U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

[Mar 13, 2024 2:33 PM] The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.

Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

[Mar 13, 2024 1:40 PM] A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court…

Craig Wright's Counsel Hits Back at COPA's Fraud Allegations in Closing Argument

[Mar 13, 2024 11:16 AM] Anthony Grabiner, Wright's attorney, hit back at COPA's argument that private signing sessions Wright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented.

El Salvador Axes Income Tax for Investments From Abroad

[Mar 13, 2024 10:38 AM] The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.

South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg

[Mar 13, 2024 9:27 AM] Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1.

Indonesia’s Finance Regulator Issues New Crypto Regulation to Strengthen Industry

[Mar 13, 2024 6:03 AM] This is part of the preparations for the transition of crypto supervision to OJK by January 2025.

EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA

[Mar 13, 2024 6:01 AM] The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report

[Mar 13, 2024 4:59 AM] Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

[Mar 13, 2024 4:31 AM] A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.

Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says

[Mar 13, 2024 4:09 AM] The chairperson of India's markets regulator has warned that if it doesn't offer instant settlement investors will move to spaces like the crypto industry.

Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users

[Mar 13, 2024 1:50 AM] Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday.

U.S. Government Study Concludes No NFT-Specific Legislation Needed, Current Copyright Laws Adequate

[Mar 13, 2024 1:02 AM] The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs).