Binance founder CZ must stay in US until sentencing, judge orders
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February, with...
Regulation
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked...
US senators drill into FTC’s work to track AI attacks on older citizens
Four United States senators have written to Federal Trade Commission (FTC) Chair Lina Khan requesting information on efforts taken by...
Web3 firm detects major security flaw in common smart contracts
Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3...
Bitcoin is of ‘national strategic importance’ says US Space Force officer
The United States needs to formally investigate using proof-of-work networks such as Bitcoin (BTC) to protect the country from cyber-inflicted warfare,...
The SEC is facing another defeat in its recycled lawsuit against Kraken
The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like...
SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due...
Coinbase tracks 6% rise in info requests from law, government agencies
Crypto exchange Coinbase says it recorded a 6% rise in requests from law enforcement and government agencies compared to 2022,...
Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The...
FSB calls for global regulation of multifunction crypto firms
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models...
SEC still looking for potential FTX-style fraud at Binance.US: Report
The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control...
Circle and SBI Holdings partner to boost USDC circulation in Japan
Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost...
Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part...
CZ challenges US gov’t attempt to restrict travel before sentencing date
Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United...
UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially...
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern...
CZ released on $175M bond, could return to Dubai
Binance founder Changpeng “CZ” Zhao will pay a $175 million release bond and agree to return to the United States...
BNB pops after report that DOJ wants $4B settlement with Binance
BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice...
Atomic Wallet asks to toss suit over $100M hack saying it has ‘no US ties’
The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from...
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a...
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the...
IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and...
