South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
Regulation
SEC emails suggested XRP was not security
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds”...
Hyperbitcoinization is underway, RFK seeks Bitcoin donations…
Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold...
Blockchain technology platform Bakkt looks toward Europe after MiCA
The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt...
Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a...
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official...
OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina...
US Secret Service holds crypto, praises blockchain tech in Reddit AMA
The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight...
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says – Regulation Bitcoin News
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the...
Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out...
French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules – Regulation Bitcoin News
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued – Regulation Bitcoin News
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers...
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves in BTC – Regulation Bitcoin News
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making – Bitcoin News
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto...
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
Voyager creditors could start seeing funds in the ‘next few weeks’
Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few...
Jury convicts former OpenSea manager in NFT-insider trading case
The former OpenSea manager who was accused of insider trading of NFTs has been convicted on May 3 of wire...
US congressmen chide presidential advisers over crypto stances in economic report
United States Congressmen Warren Davidson and Mike Flood have written a letter to the chair of the Council of Economic...
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation Bitcoin News
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution...
