CFTC case against Digitex futures exchange and CEO results in $16M court order
A United States federal court has ordered Digitex CEO Adam Todd to pay roughly $16 million...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on...
Celsius files lawsuit to recover $150M from staking platform StakeHound
Bankrupt crypto lender Celsius Network has filed a lawsuit against liquid staking platform StakeHound after the...
European Banking Authority calls for early adoption of stablecoin standards
In advance of required regulations expected in the coming year, the banking watchdog for the European...
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial...
Google hit with lawsuit over new AI data scraping privacy policy
Google is now facing a lawsuit in the follow-up to its recent privacy policy update that...
Parliamentary report recommends Canada recognize, strategize about blockchain industry
A Canadian House of Commons committee report has recommended that the country “recognize blockchain as an...
‘Extended reality’ to create 860K jobs by 2025: EU Commission
The European Commission has tipped “extended reality” — technology that enables people to interact with virtual...
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), “disrupted” 26 of the 34 cryptocurrency...
US Senate Finance Committee asks digital asset community how to tax it in open letter
United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an...
Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over...
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
The treasury department of the United Kingdom has proposed excluding unbacked cryptoassets and derivatives from its...
US authorities are investigating former FTX exec for potential campaign finance violations: Report
Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for...
China could benefit from yuan stablecoin over its CBDC — Circle CEO
Although China has closed its doors to decentralized cryptocurrencies, Circle CEO Jeremy Allaire believes that stablecoins...
US Senators to have classified AI briefing at the White House
Senators in the United States will be briefed by the White House regarding artificial intelligence (AI)...
Crypto custody market reached $448 billion in 2022: Report
The digital asset industry reached over $3 trillion at its peak in November 2021. However, the...
China to require a license to release generative AI tools
The Chinese government is now considering additional regulations on artificial intelligence (AI) development that emphasize content...
From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
Last week saw more rules and regulations emerge regarding digital assets. Thailand’s Securities and Exchange Commission...
SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
Crypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United...
Dubai crypto regulator suspends BitOasis crypto exchange license
Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions...
US lawmakers allege CCP connection in calling for SEC, DOJ investigation of Prometheum
Six members of the United States Congress have called on the U.S. Securities and Exchange Commission...
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
Andrew Bailey, a Bank of England (BOE) governor, delivered a speech July 10 in which he moved smoothly...
