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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

[Mar 4 11:40 PM] The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said.

Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

[Mar 4 9:56 AM] Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the…

Nigerian Parliamentary Committee Summons Binance CEO Teng: Report

[Mar 4 8:25 AM] Two executives of the exchange were detained last week on arrival in the country.

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

[Mar 4 6:04 AM] Hong Kong's regulator for securities and futures markets has warned the public about cryptocurrency exchange BitForex for suspected fraud, it announced Monday.

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions

[Mar 3 11:58 PM] In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which…

Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article

[Mar 1 4:38 PM] Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.

U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal

[Mar 1 3:03 PM] The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.

UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

[Mar 1 12:19 PM] A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

[Mar 1 10:59 AM] Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.

Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court

[Mar 1 10:38 AM] Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.

Nigeria Government Demands $10B From Crypto Exchange Binance: BBC

[Mar 1 9:53 AM] The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

[Feb 29 8:36 PM]

SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver

[Feb 29 6:48 PM] “What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.

U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance

[Feb 29 11:51 AM] The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

[Feb 29 10:37 AM] Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

[Feb 29 2:01 AM] The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters.

Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years

[Feb 28 5:30 PM] Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five…

Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers

[Feb 28 3:38 PM] Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.

Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again

[Feb 28 2:54 PM] Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn't about digital assets, directly, but it may be important for every modern consumer who buys, registers…

Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails

[Feb 28 11:13 AM] He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.

Crypto Political Operation Targets California's Katie Porter by Undermining Her Base

[Feb 28 8:00 AM] A leading crypto industry political operation, Fairshake, is trying to ensure that the U.S. Senate doesn't get a twin for its chief Washington antagonist Sen. Elizabeth Warren (D-Mass.) by trying to cut the legs from under U.S. Rep. Katie Porter…

Binance Nigeria Moved $26B Worth of Untraceable Funds in 2023, Central Bank Chief Says: Reports

[Feb 28 7:56 AM] The country's facing a crippling foreign exchange crisis and looking for ways to limit capital outflows, including via crypto.

Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi

[Feb 28 1:12 AM] Warren reiterated her disdain for the industry in an interview.

Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse

[Feb 28 12:19 AM] Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.

Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg

[Feb 27 5:12 PM] Ilya Lichtenstein, one of the crypto industry's most high-stakes criminals, is now helping federal prosecutors in their case against Bitcoin Fog, one of the mixing services he said he'd used to conceal assets.

Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again

[Feb 27 2:51 AM] Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.

HTX Withdraws Hong Kong Crypto Exchange Application

[Feb 26 8:43 PM] Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.

Craig Wright's Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up

[Feb 26 12:37 PM] The emails were disclosed by Wright's counsel after COPA's expert witness Patrick Madden spent a tense day on the stand.

Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting

[Feb 26 6:27 AM] The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization.

Looking at Kraken's Motion to Dismiss an SEC Lawsuit

[Feb 23 5:30 PM]