Regulations
ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.
SEC Has No Jurisdiction Over Cryptos on Coinbase, Exchange Says in Lawsuit Response
Coinbase filed an answer to the SEC's lawsuit early Thursday, arguing the regulator violated its due process and is reaching beyond its jurisdiction.
Ex-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers
FTX's lawyers allege Daniel Friedberg allowed its executives' criminal activities to fly under the radar for years.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to accusations that he defrauded some 150 investors for $33 million in a digital asset trading scheme.
Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
The government's choice to make its position clearer on de-banking comes hours after Blockchain Australia, the nation's industry body made a fresh commitment to minimize scams.
EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.
EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry.
UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division previously indicated that Prime Trust had a massive deficit on its books.
