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Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision

[Mar 24, 2024 11:30 AM] Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the…

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).

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

[Mar 12, 2024 6:30 AM] Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.

Donald Trump Says He "Sometimes Will Let People Pay Through Bitcoin"

[Mar 11, 2024 8:01 AM] Former President Donald Trump spoke to CNBC about his stance on Bitcoin today, revealing that he occasionally accepts Bitcoin as payment. In the interview, Trump acknowledged the growing popularity of Bitcoin and that "its taken its own life."…

US Continues Efforts to Extradite Terra Founder Do Kwon

[Mar 8, 2024 7:28 AM] Despite Montenegro’s High Court ruling for Do Kwon’s extradition to South Korea, the U.S. is not backing down. “The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral…

High Court Shifts Extradition Route for Terraform Labs’ Do Kwon to South Korea

[Mar 7, 2024 12:30 PM] In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his…

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

[Mar 5, 2024 6:52 AM] Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.

Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission

[Feb 19, 2024 3:56 AM] The money is set to cover the costs associated with having meetings including travel expenses.

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect

[Feb 16, 2024 8:01 AM] Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.

U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan

[Feb 16, 2024 3:06 AM] USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.

Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico

[Feb 14, 2024 7:59 AM] Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.

Ripple Must Share Financial Statements Requested by SEC, Court Rules

[Feb 6, 2024 4:01 AM] The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request.

U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community

[Feb 1, 2024 11:10 AM] The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.

Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry

[Jan 25, 2024 4:17 AM] Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.

Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US

[Jan 18, 2024 1:57 PM] Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a…

CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm

[Jan 12, 2024 4:57 AM] CoinShares said the decision is a direct result of the SEC's approval of the listing of a spot bitcoin ETF.

Stablecoin Issuer Circle Internet Files for IPO

[Jan 11, 2024 7:10 AM] The number of shares to be offered and the price range for the proposed offering hasn't been set.

Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size

[Jan 8, 2024 11:01 AM] Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.

Bitcoin ETF Approval Odds Raised to Over 90% at Bloomberg, Drop on Polymarket

[Jan 8, 2024 3:02 AM] Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.

Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity

[Jan 5, 2024 5:00 AM] So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest.

Coinbase Approved as Virtual Asset Services Provider in France

[Dec 21, 2023 11:37 AM] The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.

South Korea's Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report

[Dec 20, 2023 9:36 AM] The two aim to strengthen cooperation on crypto regulations before South Korea's new crypto laws go into effect next year.

Economist Jim Rickards’ ‘Tumultuous’ and ‘Shocking’ Predictions: Global Recession and a New Banking Crisis to Ensue in 2024

[Dec 20, 2023 2:00 AM] Jim Rickards, a famous economist and investment lawyer, has predicted a year of turmoil for global economies in 2024. According to Rickards, the U.S. Federal Reserve will be unable to pull off a soft landing scenario, prompting a global recession…

Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts

[Dec 19, 2023 4:29 AM] In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.

Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections

[Dec 18, 2023 8:08 AM] Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle.

US politician uses AI campaign caller ahead of 2024 elections: Report

[Dec 18, 2023 7:52 AM] The AI campaign caller bot goes by the name Ashley and is trained off internet data which allows her to have an infinite number of real-time conversations with voters.

Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election

[Dec 18, 2023 7:44 AM] The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more.

Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.

[Dec 14, 2023 10:20 AM] The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.

More firms set to add Bitcoin to balance sheets after major rule change

[Dec 13, 2023 9:27 PM] The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy.

Two individuals indicted for $25M AI crypto trading scam: DOJ

[Dec 12, 2023 12:30 PM] Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures.