G20 moves forward with international crypto framework
Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy...
Regulation
CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged...
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an...
US Treasury, IRS propose cryptocurrency regulations for brokers
Two federal agencies of the United States — the Department of the Treasury and the Internal Revenue Service (IRS) —...
India G20 confirms ‘active discussions’ around global crypto framework
Under India's G20 presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s minister of finance Nirmala...
Digital euro can ward off a host of private payment service ills: ECB official
The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive...
Platforms must provide digital yuan retail payment option
While China’s central bank digital currency (CBDC), the digital yaun, goes through technological and business model upgrades, wallet providers should...
FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase
FTX debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency...
UK MPs call for global alliance to tackle AI misuse
A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts
Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
SEC charges LA company with offering of NFT securities
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory...
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
Indian Prime Minister Narendra Modi called for a global collaboration on formulating crypto regulations during the Group of 20 (G20)...
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe...
Crypto builders should ‘give up’ serving US customers for 5 to 10 years — dYdX founder
Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S....
Bitstamp halts Ether staking in the US, cites regulatory challenges
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Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts...
Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut butter to accommodate...
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment...
China proposes to bring its social credit system to the metaverse: Report
China is reportedly looking to implement a system akin to its social credit system in the metaverse and other online...
Ripple CTO clarifies on SEC appeal, spotlights case complexity
In a recent update on X (formerly known as Twitter), The Chief Technology Officer (CTO) of Ripple Labs, David "JoelKatz"...
