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Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers

[Mar 12 3:59 AM] The regulator invited applicants with a "genuine interest in developing a stablecoin issuance business" to join the sandbox.

Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs

[Mar 12 12:47 AM] Earlier this year, the regulator had denied permission to trade bitcoin ETFs.

Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports

[Mar 12 12:41 AM] Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities.

COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up

[Mar 11 11:06 PM] The Crypto Open Patent Alliance and Craig Wright will present their closing arguments this week in a case debating whether Wright is indeed Satoshi Nakamoto..

Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking

[Mar 11 2:53 PM] Coinbase Inc. (COIN) has accused the U.S. Securities and Exchange Commission of ignoring the law when it rebuffed the company's formal petition for crypto rules, according to a filing Monday in the U.S. Court of Appeals for the Third Circuit.

U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget

[Mar 11 10:00 AM] The U.S. president's budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by "modernizing rules" that include cryptocurrencies.

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market

[Mar 11 2:11 AM] Products would be available to professional investors while retail consumers remain banned, the regulator said.

Wyoming Grants DAOs New Legal Structure

[Mar 8 4:06 PM] Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an "oasis."

Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

[Mar 8 3:26 PM] A Friday ruling doesn't make any declaration on whether the tokens at the heart of a lawsuit against Binance are securities, but it may give investors a chance to argue that they are.

Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI

[Mar 8 11:36 AM] Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau's Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime.

U.S. Will Appeal Do Kwon's Extradition to South Korea: Report

[Mar 8 12:43 AM] The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

[Mar 7 11:10 AM] Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.

Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says

[Mar 7 8:52 AM] Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.

Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

[Mar 7 7:19 AM] Adoption of the central bank digital currency pales in comparison to the use of cash in the country.

Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

[Mar 7 6:17 AM] Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market

[Mar 7 5:27 AM] Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.

BlockFi Settles With FTX, Alameda Estates for $874.5M

[Mar 6 5:26 PM] The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases

[Mar 6 4:00 PM] A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and…

Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries

[Mar 6 11:49 AM] Focused campaign spending from the crypto industry hit paydirt in Super Tuesday elections across the U.S., with several key congressional races going the way the industry had hoped.

'Congress Needs to Act' on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers

[Mar 6 10:33 AM] The CFTC Chair was testifying on the regulator's 2025 budget request.

UK Launches Consultation on Implementing OECD Crypto Reporting Framework

[Mar 6 8:29 AM] The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026.

European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore

[Mar 6 2:00 AM] Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore."

Binance.US Slashed Two-Thirds of Its Workforce as Revenue Plunged After SEC Lawsuit: Court Transcript

[Mar 6 12:13 AM] "The allegations of the SEC severely undermined institutional trust in our platform," Binance.US executive Christopher Blodgett said during a deposition.

ShapeShift Settles SEC Charges It Sold Crypto Securities

[Mar 5 6:58 PM] The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021.

SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications

[Mar 5 6:50 PM] The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.

Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'

[Mar 5 4:32 PM] The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it's also a "chance to send a…

Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing

[Mar 5 3:15 PM] The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday.

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

[Mar 5 7:00 AM] Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.

Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial

[Mar 5 6:52 AM] Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.

Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny

[Mar 5 5:18 AM] Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.