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...
Regulation
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...
First Republic’s crisis is not an isolated incident: JPMorgan exec
An executive at J.P. Morgan Asset Management is unsure how United States regional banks are “going to operate” when the...
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence – Regulation Bitcoin News
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due...
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The...
UK opens consultation on taxation of DeFi transactions
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a...
Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director – Regulation Bitcoin News
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more...
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted – Regulation Bitcoin News
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in...
US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad – Bitcoin News
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the...
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation – Regulation Bitcoin News
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government...
Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition – Regulation Bitcoin News
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services...
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules – Regulation Bitcoin News
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators...
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a...
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’ – Regulation Bitcoin News
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit – Regulation Bitcoin News
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that...
Canadian Police Launch Cryptocurrency Investigations Center – Regulation Bitcoin News
The police service of the Canadian city of Calgary is launching a Cryptocurrency Investigations Centre in partnership with blockchain analytics...
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required – Regulation Bitcoin News
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of...
