Crypto-politics
The charges stem from DCG and Genesis’ response to the 2022 collapse of crypto hedge fund Three Arrows Capital. What to know: DCG and former Genesis CEO Michael Moro will pay a combined $38.5 million in civil penalties to settle securities…
The action means that Crypto.com will receive the full MiCA license soon. What to know: Crypto exchange Crypto.com has received in-principle approval for a European MiCA license from the Malta Financial Services Authority. Companies have been working towards getting a CASP…
The license will enable it to provide services across the European Union. What to know: Boerse Stuttgart Digital was awarded a MiCA crypto asset service provider license by the German regulator BaFin. It plans to broaden its offerings for financial institutions…
The plaintiff is seeking a declaratory judgment protecting his forthcoming crypto crowdfunding project from being prosecuted for unlicensed money transmitting. A fellow at crypto think tank Coin Center filed suit against U.S. Attorney General Merrick Garland on Thursday, seeking a judge’s…
With the general counsel stepping down, some of the main characters in the crypto industry's recent clashes with the Securities and Exchange Commission are out. What to know: The exit door is propped open at the Securities and Exchange Commission as…
Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking. What to know: Senator Cynthia Lummis, who has led the effort for a bitcoin U.S. strategic reserve,…
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly. What to know: Tax policy superseded crypto as the hot topic at Treasury secretary nominee Scott Bessent's hearing in the…
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations. What to know: If the decision is confirmed Upbit could be prevented from new customer related business for up to six months. The decision…
The country's prime minister held discussions with Abu Dhabi's government and crypto exchange Binance to formulate how to move forward. What to know: Malaysia's prime minister said he's considering introducing crypto and blockchain legislation. In recent years, regulators told Binance and…
The Texas Blockchain Council is optimistic about Trump’s comeback — but miners may face new difficulties in Texas. What to know: Eight blockchain associations united on Tuesday to create the North American Blockchain Association. Lee Bratcher, president of the Texas Blockchain…
Emma Reynolds was appointed as the new economic secretary following the resignation of Tulip Siddiq. What to know: Tulip Siddiq resigned as the economic secretary at the Treasury on Tuesday. Her resignation followed a scandal regarding her ties to Bangladesh. The…
The remaining 25,000 bitcoins stolen in the 2016 hack must be returned through a more complex claims process. What to know: Federal prosecutors want to ship most of the bitcoin stolen from Bitfinex back to the exchange. The criminal cases against…