A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
Bankman-Fried Seeks to Block Prosecutors Calling FTX Investors, Former Insiders as Witnesses
Lawyers are still quibbling over what evidence can be brought to the FTX founder’s fraud trial, hours before jury selection is due to start.
Bankman-Fried Saw Missing FTX Billions as ‘Rounding Error,’ Biographer Says
Michael Lewis revealed management failings at crypto exchange FTX, and a billion-dollar plan to keep Trump out of office in an interview with CBS.
Bankrupt Crypto Hedge Fund 3AC’s Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said
JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
Hong Kong and Macau authorities say they’ve detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18.
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren’t Securities
Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.
Europe’s Crypto Industry Wants Staking Clarity as Regulations Loom
The EU and UK may both be contemplating new rules to cover crypto staking — as regulatory action in Switzerland and Singapore offers a cautionary tale.
EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
CZ Denies He Owns CommEX, Binance Russia’s New Owner
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia.
Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.
Digital Euro at Least 2 Years Away, ECB’s Lagarde Says
The central banker said she wanted to address “conspiracy theories” about government snooping
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
Regulators said the plans weren’t in the public interest, after a court squabble involving rival service PredictIt
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU’s MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction
Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu.
JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says
The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks
Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions
As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.
New York Regulator Seeks Tougher Norms for Adding, De-Listing Crypto Coins
Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back.