‘we see payment stablecoins as a form of money’
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday....
Regulation
Binance Netherlands exit — Dutch central bank says registration failings are confidential
The details behind Binance’s failed efforts to register for a virtual asset service provider (VASP) license in the Netherlands remain...
31% of young Aussies hold crypto despite being ‘risk averse’ — ASX survey
Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold...
Do Kwon denies forging passport, blames ‘Chinese’ agency: Report
Terraform Labs founder Do Kwon reportedly told a Montenegro court that he wasn’t aware the passport he was traveling with...
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission...
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a...
Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems...
Bitstamp registered as cryptoasset business by the FCA
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK...
SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video
A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United...
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their...
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
With its progressive stance on cryptocurrencies, Hong Kong's legislator invites Coinbase and other crypto exchanges to establish operations in the...
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
A U.S. District Judge has entered a default judgment order that requires Decentralized Organization Ooki DAO to permanently shut down...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’
Pro-XRP lawyer John Deaton has tipped less than a 3% chance for the United States Securities and Exchange Commission to...
FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’
Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain...
Fed board issues order to Silvergate Bank as part of self-liquidation plan
The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company...
bitFlyer implements FATF’s “Travel Rule” crypto restrictions
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow...
