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PortuguêsThe Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking. Referring to the events surrounding the collapse…
Continue ReadingMayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat…
Continue ReadingThe first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. In October, Toronto-based Coinsquare became the first…
Continue ReadingCongressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem. While regulations are often…
Continue ReadingFollowing FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray. The crypto market is often referred…
Continue ReadingLawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state…
Continue ReadingA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be…
Continue ReadingA digital securities bill has been presented to El Salvador’s Congress, paving the way for the issuance of bitcoin-backed bonds. El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé…
Continue Reading“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley. James Bromley,…
Continue ReadingA Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues. Detained Tornado Cash developer Alexsey Pertsev will spend another…
Continue ReadingWith election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options. In October, Greenland was reported to be exploring…
Continue ReadingA special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation…
Continue ReadingRussian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation…
Continue ReadingAttorney Martin Flumenbaum believed that Sam Bankman-Fried’s “incessant and disruptive tweeting” negatively impacted the reorganization efforts of the lawyers. Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF)…
Continue ReadingWith its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch. With its partial autonomy, the…
Continue ReadingAuthorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Authorities in South Korea have reportedly requested Terraform Labs co-founder…
Continue ReadingA source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11. Prosecutors with the…
Continue ReadingFTX Europe is one of roughly 130 companies in FTX Group that will be a part of bankruptcy proceedings in the United States. The Securities and Exchange Commission of Cyprus,…
Continue Reading“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. Maxine Waters, chair of the United States House of…
Continue Reading“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX. Changpeng Zhao, the chief executive…
Continue ReadingCrypto has been highly visible in this election cycle thanks to polls and political action committees. This is a new and unaccustomed role for it with unknown results. The 2022…
Continue ReadingElon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.” Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against…
Continue ReadingNewly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins…
Continue ReadingGary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws. United States Securities and Exchange…
Continue ReadingNirmala Sitharaman’s comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment. India’s Finance Minister Nirmala Sitharaman said she would love to…
Continue ReadingThe mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.…
Continue ReadingWhile some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks. Centralized cryptocurrency exchanges have become…
Continue ReadingA draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian…
Continue ReadingThe lawsuit alleges Kwon and others made fraudulent claims on UST “either well knowing that they were false and untrue, or recklessly not caring whether they were true or false.”…
Continue ReadingIs the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself? Is the International Monetary Fund (IMF) really hostile to crypto?…
Continue Reading“It is necessary to study appropriate sanctions, and assign the government to make detailed regulations,” reportedly said Prime Minister Pham Minh Chinh. Pham Minh Chinh, the prime minister of Vietnam,…
Continue ReadingThe NPCC’s Andy Gould said that the U.K. police had the capability to address illicit uses of crypto, but still faced challenges including incentives to join the private sector. The…
Continue ReadingEthereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high. Ethereum went through a key network upgrade on Sept.…
Continue ReadingA website revealing personal information from Celsius creditors has created stress and chaos for many, leading some to question the privacy of centralized exchanges. Crypto lending platform Celsius filed for…
Continue ReadingFDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption? Over the years, several cryptocurrency companies have claimed that deposits…
Continue ReadingThe Japan Virtual and Crypto Assets Exchange Association says it plans to make it easier for authorized exchanges to list digital currencies by loosening the screening process. The Japan Virtual…
Continue ReadingFederal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.” United States prosecutors have opposed a motion by a…
Continue ReadingMajor food brands seem to be indicating that they plan to launch virtual food, drink, and restaurant services in the future. A number of food companies have recently begun to…
Continue ReadingA fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by…
Continue ReadingDespite many popular exchanges curtailing their operations within Russia, many platforms continue to service the region as usual. Nine months into the conflict between Ukraine and Russia, sanctions against the…
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