Regulations

eu-parliament-adopts-anti-money-laundering-rules-package,-also-policing-crypto
Posted by | April 26, 2024
EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

The European Parliament has approved a broad package of anti-money laundering laws targeting various financial services and entities, including crypto. In addition to enhanced due diligence, the measures will give...

Continue Reading
stablecoin-bill-could-be-ready-for-the-us.-house-soon-says-top-democrat-maxine-waters:-bloomberg
Posted by | April 25, 2024
Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

The top Democrat on the U.S. House Financial Services Committee has told Bloomberg that a stablecoin bill could be ready soon. The latest development strengthens hopes that the U.S. can...

Continue Reading
binance-founder-changpeng-zhao-should-spend-3-years-in-prison,-doj-says
Posted by | April 23, 2024
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering...

Continue Reading
indonesian-president-joko-widodo-warns-of-money-laundering-via-crypto-and-nfts
Posted by | April 23, 2024
Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs

Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech last...

Continue Reading
the-ever-dwindling-chances-for-a-stablecoin-law
Posted by | April 23, 2024
The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try...

Continue Reading
do-kwon,-terraform-labs-should-get-$5.3b-fine,-sec-tells-court
Posted by | April 23, 2024
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says...

Continue Reading
crypto-lobbyists-sue-sec-over-‘dealer’-definition
Posted by | April 23, 2024
Crypto Lobbyists Sue SEC Over ‘Dealer’ Definition

A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity has gone too far, a lawsuit by the Blockchain Association and Crypto...

Continue Reading
two-sec-lawyers-resign-following-debt-box-sanctions-fiasco:-bloomberg
Posted by | April 22, 2024
Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power”...

Continue Reading
irs-unveils-form-your-broker-may-send-next-year-to-report-your-crypto-moves
Posted by | April 19, 2024
IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

The U.S. Internal Revenue Services has revealed what the agency has in mind for the first-even crypto tax reporting form. Observers suggest the industry will need some more information before...

Continue Reading
jury-begins-deliberations-in-$110m-mango-markets-fraud-trial
Posted by | April 17, 2024
Jury Begins Deliberations in $110M Mango Markets Fraud Trial

NEW YORK — Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on...

Continue Reading