$794K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison
British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison...
Regulation
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong’s SFC chief
The CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong's embrace of Web3 regulation...
Coinbase gets key win at the US Supreme Court
The US Supreme Court ruled that the district court must stay proceedings in a class action lawsuit when interlocutory appeal...
‘we see payment stablecoins as a form of money’
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday....
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first...
EU consumer protection groups urge governments to investigate AI
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind...
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and...
Binance sends cease and desist notice to fraudulent Nigerian entity
Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as...
US court approves SEC-Binance.US agreement
United States Judge Amy Berman Jackson approved on June 17 an agreement between Binance.US, Binance, and the Securities and Exchange...
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities...
EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems...
Bitstamp registered as cryptoasset business by the FCA
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK...
Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely...
US senator revamps efforts for crypto regulations amid SEC lawsuits
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in...
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
SEC lawsuits against Binance and Coinbase unify the crypto industry
Update (June 7, 12:05 PM UTC): This article has been updated to add comments from BitMEX CEO Stephan Lutz Professionals...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
FTX debtors object to Genesis’ ‘critical’ claims estimate of ‘$0.00’
Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is...
