Tag: regulations
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 [...]
IRS Unveils U.S. Tax Form Your Broker May Send Next Year to Report Your Crypto Moves
"Brokers must report proceeds from (and in some cases, basis for) digital asset dispositions to you and the IRS on Form 1099-DA," according to the ins [...]
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested [...]
Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation
Though Eisenberg’s defense team, headed by well-known crypto defense lawyer Brian Klein, argued that Eisenberg was acting within the law, prosecutors [...]
Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody's
There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.
www.coindesk.com [...]
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
In their rebuttal, prosecutors said that Eisenberg’s legal attempts to get his money were made after his identity as the exploiter had been exposed. H [...]
Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Ala [...]
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
The bill created a $10 billion limit for non-depository trust institutions to be able to issue payment stablecoins. Once the issuer exceeds that amoun [...]
Looking at Sam Bankman-Fried’s Appeals Process
"It is unlikely that oral argument will be heard less than nine months from now, since the Court of Appeals will want to fully review the briefs and t [...]
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
Congress has for years struggled to get any new laws passed for cryptocurrencies, providing greater clarity sought by both critics and proponents of d [...]
Binance.US Taps Former New York Fed Compliance Chief for Board Role
"It's, of course, true that our our trading volumes took a significant hit following the SEC's case and in our transition to a crypto only exchange," [...]
Sen. Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With FTX’s SBF
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CE [...]
Pantera-Backed VALR Obtains South African Crypto License
"Obtaining the CASP license from the FSCA is a monumental achievement for VALR," Farzam Ehsani, the co-founder and CEO of VALR said in a press stateme [...]
Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.
www.coind [...]
Germany’s Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda
"By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest securi [...]