One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the U.S., the Department of Justice (DOJ) said Thursday.
Abra to Open Withdrawals After Settling with Texas Regulators
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FTX Affiliate Alameda Research Drops Grayscale Lawsuit
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Genesis Global Trading Pays $8M to Settle New York Lawsuit
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement.
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
FTX Founder Sam Bankman-Fried Won’t Face Second Criminal Trial, U.S. Prosecutors Say
Binance’s CZ Denied Permission to Travel by U.S. Judge for the Second Time
Zhao has requested permission to travel to the UAE, where his three children remain.
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC’s arguments that Terraform had illegally sold unregistered crypto securities.
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following ‘Security Breach’
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.
42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC
More than 40 countries have taken aim at advancing crypto-focused regulations and legislation this year, signaling wider cryptocurrency adoption globally may be underway. That’s according to a new report from professional services firm PriceWaterhouseCoopers.
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock’s ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund’s approval odds.
FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries
A federal judge took steps to end a protracted dispute between FTX and its largest creditor at a bankruptcy hearing, signaling the court could try to speed up efforts to recover FTX customer’s funds from the failed crypto firm’s estate.
U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators
The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event.
Pudgy Penguins to Launch Webkinz-like Virtual World in 2024
Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO.
U.S. Judge Warns SEC Over ‘False and Misleading’ Request in Crypto Case
A federal judge threatened to sanction the SEC’s lawyers after their “false” arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.
Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg
Although Jump has been scaling back its crypto-related operations, the reason for the business’ parting of ways remains unclear, Bloomberg reported.
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.
NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings
The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement.