Tag: regulations
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
"Unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the only layer of insu [...]
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to U.S. DOJ, Homeland Security
Cryptocurrency has become "the payment of choice for perpetrators of child sexual abuse and exploitation," the lawmakers noted, citing a February FinC [...]
European Parliament Adopts Anti-Money Laundering Rules Package That Will Also Regulate Crypto
The new measures also seek to give people or entities with "legitimate interest," including journalists, media professionals, civil society organizati [...]
Yao Qian, Former-Head of China’s Digital Yuan CBDC Effort, Faces Government Probe: Report
"Yao Qian, Director of the Science and Technology Supervision Department and Director of the Information Center of the China Securities Regulatory Com [...]
Samourai Wallet Founders Arrested and Charged With Money Laundering
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Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
Attorneys with the U.S. Department of Justice and former Binance CEO Changpeng Zhao filed their sentencing memos on Tuesday night.
www.coindesk.com [...]
Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs
Gibran, the son of current President Widodo, vocally emphasized that Indonesia needs blockchain and crypto experts to advance the country's technologi [...]
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 [...]
Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17
Gambaryan, an American citizen and former Internal Revenue Service (IRS) special agent, is Binance’s head of financial crime compliance. He and a coll [...]
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST through the Luna Foundati [...]
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 went too far, a lawsuit by th [...]
Crypto.com Postpones South Korea Launch Following Reports of Money Laundering Probe
“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make [...]
Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Michael Welsh, a former lead attorney on the Debt Box case, and Joseph Watkins, an investigative attorney whose declaration served as the foundation f [...]
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Several of the smaller celebrity promoters – including finance Youtubers Andrei Jikh, Graham Stephan, Jaspreet Singh, Tom Nash, Brian Jung and Jeremy [...]
Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported cit [...]