Crypto adoption crosses party lines amid Washington’s political deadlock
Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become...
Regulation
Legal scholars file amicus brief in support of Coinbase
A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of...
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports,...
SEC delays Ark Invest spot Bitcoin ETF application
SEC announced the delay today, publishing a letter calling for more information from the public. A decision on Ark Invest...
Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
A federal judge has approved a joint request from lawyers for Alex Mashinsky and the United States Department of Justice...
Bitstamp suspends trade for seven SEC-flagged tokens
Key takeaways Bitstamp has halted trading of AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for traders in the United...
Obligatory license for stablecoins? What do the latest FSB guidelines mean
Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions. The international monitoring body, comprised...
India House passes bill to ease Big Tech data compliance
The lower house of India’s parliament voted in approval of a bill that would ease data compliance regulations for Big...
CDC report underscores importance of judge’s verdict in Ripple case
On Aug. 1, the Chamber of Digital Commerce (CDC) — a United States blockchain and digital assets advocacy organization —...
Revolut to terminate US crypto services due to regulatory challenges
Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no...
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
One-half of the couple alleged to have laundered billions of dollars worth of cryptocurrency has reportedly admitted he was behind...
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more...
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory...
Hester Peirce criticizes SEC warning to accounting firms
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief...
Lawmakers probe Apple’s App Store policies on blockchain, NFTs
United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related...
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection. Worldcoin, created by OpenAI CEO Sam Altman, launched on Monday. Users...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack...
US lawmakers invoke FTX and spar on direction of crypto bills
Members of the United States House Financial Services Committee seem to be divided on the best legislative path forward dealing...
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to...
Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia...
SEC’s appeal won’t be a setback for XRP holders — Pro XRP lawyer
Amid speculations that a potential appeal by the United States Securities and Exchange Commission (SEC) could negatively impact the crypto...
