19 / 65 Relevant items tagged with #Regulations

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BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge

[May 3 4:11 PM] Alexander Vinnick, the Russian national who was one of BTC-e's operators, pled guilty to conspiracy to commit money laundering for his role with the crypto exchange.

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

[May 2 9:46 AM] U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from…

Binance Nigeria Money Laundering Trial Delayed to May 17, Gambaryan Family Spokesperson

[May 2 6:25 AM] Binance's lawyer needed more time to look at evidence, outlets reported.

Arkansas bills reining in crypto miners head for governor approval

[May 2 1:03 AM] Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing.

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

[May 2 12:04 AM] Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of…

Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report

[May 1 4:49 AM] Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

[Apr 30 3:40 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered…

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

[Apr 30 1:49 PM] Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to…

Roger Ver Indicted for Tax Fraud

[Apr 30 12:52 PM]

Distilling the Tornado Cash and Samourai Suits

[Apr 30 10:00 AM] There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. The arrest ramps up the federal…

Binance Founder CZ Will Soon Learn His Fate at Sentencing Hearing in Seattle

[Apr 30 7:56 AM] Binance founder and former CEO Changpeng "CZ" Zhao will learn how much time, if any, he'll spend in prison Tuesday.

Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say

[Apr 30 2:51 AM] Indonesia’s presidential election in February initially ended in controversy when the winning duo claimed victory before official results were released.

Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

[Apr 30 2:05 AM] Industry watchers are hoping for a younger, tech-savvy cohort of politicians that can push innovation-friendly policy forward.

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

[Apr 29 2:05 PM] NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

Why the DOJ May Have Recommended a Three-Year Sentence for CZ

[Apr 29 7:30 AM] Former Binance CEO Changpeng "CZ" Zhao now faces the genuine possibility that he'll spend three years in federal prison in the U.S. – well above the possible 18 months laid out in his plea agreement.

CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend

[Apr 29 7:00 AM] More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father�

South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers

[Apr 29 1:00 AM] South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk.

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

[Apr 29 12:50 AM] The Australian Securities Exchange (ASX), which accounts for 90% of Australia's equity market, is expected to approve the first spot-Bitcoin {BTC} exchange traded funds (ETFs) before the end of 2024, Bloomberg has reported, citing people familiar…

Here’s How EU Nations Are Preparing to Enforce MiCA

[Apr 29 12:00 AM] With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to show where countries are at with implementation.

Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat

[Apr 28 5:00 PM] Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.

DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing

[Apr 26 9:44 PM] The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday.

Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge

[Apr 26 12:58 PM] Lawyer-turned-politician John Deaton further reinforced his credentials as an outspoken crypto ally on Friday, filing a friend-of-the-court brief in Coinbase Inc.'s (COIN) effort to get a higher U.S. court to rule on a central question about when a…

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit

[Apr 26 10:45 AM] Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

[Apr 26 9:33 AM] Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a…

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

[Apr 26 4:44 AM] The new laws set up "enhanced" due diligence and customer checks for crypto firms.

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

[Apr 26 3:11 AM] Yao Qian is reportedly being investigated for "violations of discipline and law."

UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect

[Apr 25 5:01 PM] New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release.

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

[Apr 25 12:36 PM] Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.

Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud

[Apr 25 4:49 AM] Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

[Apr 25 1:31 AM] U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”