Crypto and Laws
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Kraken and Custodia Bank CEOs say regulators ignored their warnings about scams and fraud
In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months...
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Circle recommends Central Bank of Ireland adopt public blockchains for consumer protection
Quick Take Circle submits a response to the Central Bank of Ireland highlighting the benefits of blockchain-based financial services for...
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U.S. Congress may hold inquiry into Binance.US
U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters...
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Do Kwon allegedly cashed out 100M worth of BTC via Swiss Bank
The U.S. Securities and Exchange Commission (SEC) alleged that Terraform Labs and its founder Do Kwon transferred over 10,000 BTC to a cold...
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Binance.US sent $400M to a partner firm managed by CZ
Binance.US sent approximately $404 million to a firm managed by Binance CEO Changpeng Zhao, according to a Feb. 16 report from Reuters. That...
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Hoskinson: Contingent staking, why the Cardano community is pushing back
The Cardano community is divided over contingent staking, with detractors calling it a compliance protocol to appease U.S. lawmakers. Input...
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FDIC tells CEX.IO to redact insurance promises
Cryptocurrency exchange CEX.IO has received a cease-and-desist order from the FDIC, as seen in a letter published by the U.S. regulator on Feb....
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US crypto regulation on track despite recent SEC enforcement actions
Despite recent SEC enforcement actions against Kraken and Paxos, Jeff Zelkowitz, Executive Vice President at APCO Worldwide, said there is...
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South Korea planning to review local staking services
South Korea’s financial regulators are planning to review local staking services, according to Forkast News. The country cited the recent...
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Hoskinson: SEC had justified concerns about Kraken staking
Input Output (IO) CEO Charles Hoskinson argued that the SEC was right to go after Kraken over its Staking Program. During a live stream...
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Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Binance has hired and promoted a compliance executive who formerly worked for its competitor, Gemini, according to a Feb. 14 report from the Wall...
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Senate Banking Committee holds Valentine’s Day hearing on 2022 crypto crash
The U.S. Senate Banking Committee discussed last year’s cryptocurrency market crash and assorted company collapses during a hearing on...
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Circle denies that SEC sent any Wells notice
Circle, which issues the USDC stablecoin, has denied that it has received a Wells notice. That denial was recorded in a tweet by CSO Dante...
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South Korea reportedly monitoring Ripple’s case against SEC
South Korea’s Financial Supervisory Service (FSS) is reportedly monitoring the lawsuit between the United States Securities and Exchange...
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Singapore’s DBS Bank aims for Hong Kong crypto license
Singapore-based DBS Bank is planning to apply for a crypto license in Hong Kong, according to Bloomberg News. The bank didn’t disclose a...