UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say
Lobby group CryptoUK called for more clarity from the FCA on guidance for upcoming crypto ad rules.
First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
The latest price moves in crypto markets in context for August 10, 2023.
Bavaria’s Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched
The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.
Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, DOJ Says
The DOJ dropped a campaign finance charge against Bankman-Fried last month.
Paxos Has Other ‘White Label’ Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether...
Fed’s Rate Hike Cycle Has Peaked, Investment Banks Say
The end of the tightening cycle, however, does not necessarily imply a quick pivot toward zero interest rate policy,...
Hong Kong’s New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough...
Kenya Appears to Have Flip-Flopped on Worldcoin’s Data Practices
The country's data watchdog found the project is compliant with its data-protection laws, but has now find different problems...
Namibia Sets the Stage for National Crypto Strategy With New Law
The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets...
Is Sam Bankman-Fried Going to Jail?
Federal prosecutors are fed up with what they say are his repeated attempts to influence witness testimony. He maintains...
Tiny Bitcoin ATM Firm Plans to Fight Giant Swiss Regulator in David vs Goliath Battle
“FINMA was able to do this because they were never put in check," said Bity CEO Alexis Roussel.
Binance’s Activities Are Illegal in Nigeria, Securities Regulator Says
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.
SEC Asked Coinbase to Stop Trading in all Cryptocurrencies Other Than Bitcoin Before Suing: Report
Armstrong said the SEC recommendation left us no choice but to head to court.
Sam Bankman-Fried’s Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
The DOJ filed a formal submission to a federal judge after declaring their intent to revoke his bond
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
The Department of Justice pulled one charge, but it's still pursuing seven for trial this October – and another...