Regulations
Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.
Ripple, SEC Seem to Agree About Not Taking Hinman Speech Seriously
SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.
Judge Allows FTX Founder Sam Bankman-Fried to Go to Trial on Only Wire Fraud, Political Contribution Charges for Now
A U.S. federal judge in New York revealed skepticism of the arguments from SBF's defense attorneys in a hearing on their motions to dismiss several counts.
EU to Consult on Crypto Complaints, Conflict of Interest Rules in July
The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCA
Polygon Labs Rolls Out Open Database for Blockchain Use Cases
Called "The Value Prop," the database hosts as many as 39 use cases and over 300 applications, with numbers expected to increase.
EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability
The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says.
Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal
The plan, filed on Thursday, could face legal opposition from borrowers.
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now
Sam Bankman-Fried moved to dismiss most of the charges brought against him last month.
