23 / 65 Relevant items tagged with #Regulations

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Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor

[Mar 21 3:54 PM] Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor.

Crypto Exchange OKX to End Services in India

[Mar 21 6:14 AM] Indian customers will have to withdraw their funds by April 30.

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

[Mar 20 12:29 PM] U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.

Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court

[Mar 20 8:33 AM] The U.S. is also seeking Kwon's extradition despite the Montenegrin court's decision to send him to South Korea.

Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial

[Mar 20 8:01 AM] Pertsev's trial is set to take place on March 26 and 27 in a 'S-Hertegonbosch court.

3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

[Mar 20 1:59 AM] Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.

Does Sam Bankman-Fried Deserve 50 Years in Prison?

[Mar 19 8:30 PM] The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the…

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

[Mar 19 8:26 PM] Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of…

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

[Mar 19 7:51 AM] The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its…

Coinbase's Allies Join Crypto Firm's Case Against SEC

[Mar 19 7:41 AM] Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto…

EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto

[Mar 19 6:15 AM] The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.

UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year

[Mar 19 4:31 AM] The U.K. has been refining it approach to regulating the crypto sector.

Grab’s Singapore Users Can Now Use Crypto to Make Payments

[Mar 19 1:39 AM] The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users.

Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on Its Platform: Report

[Mar 18 11:35 PM] A Nigerian court has ordered Binance to provide Nigeria's Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from the nation trading on its platform.

FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing

[Mar 18 11:20 PM] The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect…

SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules

[Mar 18 5:30 PM] A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts…

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

[Mar 18 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 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 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…

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

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

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

[Mar 14 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 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 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 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 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 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 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 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 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 6:09 PM]