Bulgaria closes investigation into Nexo citing no criminal activity
Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said authorities had found...
Regulation
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and...
FTX debtors assess value of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization, which proposes that...
Tether responds to US lawmakers’ calls for DOJ action
Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the...
Kazakhstan central bank reviews digital tenge pilot successes, next steps
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has been declared a success after a month-long pilot project. A...
Majority of UK MPs ‘lack crypto knowledge,’ says industry association
The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have...
SEC pushes deadline for decision on Invesco Galaxy spot Ether ETF to 2024
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove a spot...
ECB assesses environmental footprint of cash, sees room for improvement
The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental...
Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval
Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto...
UK FCA crypto skills gap is causing slow enforcement, says National Audit Office
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority...
Tether announces wallet-freezing policy for OFAC-sanctioned persons
Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating a voluntary wallet-freezing...
Crypto lawyer wants to depose Changpeng Zhao for civil case
Adam Moskowitz, who has been the lead attorney in a number of civil cases involving crypto firms, filed a motion...
SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report
Officials with the United States Securities and Exchange Commission are reportedly discussing aspects of Bitcoin (BTC) exchange-traded funds, or ETFs,...
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked...
SEC pushes deadline to decide on Grayscale spot Ethereum ETF
The United States Securities and Exchange Commission has delayed its decision on whether to approve or disapprove of a spot...
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously...
Grayscale Bitcoin Trust aims for ETF shift to narrow discount
Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust...
SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due...
Sam Bankman-Fried will not file any post-trial motions, say lawyers
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any...
Courts will provide ‘good guidance’ for crypto — CFTC commissioner
Kristin Johnson of the United States Commodity Futures Trading Commission (CFTC) said there are many ways of handling cryptocurrencies in...
Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The...
FSB calls for global regulation of multifunction crypto firms
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models...
