Regulations
Hong Kong Proposes Rules for Crypto Trading Platforms
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.
Custodia Bank Renews Push for Fed 'Master Account' After Rejection
The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.
Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg
Singh, the former engineering director for the collapsed crypto exchange, was a member of Bankman-Fried’s inner circle.
SEC Sues Former NBA Star Paul Pierce Over EthereumMax Promos
The Hall of Famer will pay $1.4 million in penalties and disgorgement to settle charges that he did not disclose payments to promote the token.
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
The securities regulator made the allegation in a court filing as it sued the company for misleading customers.
Crypto Has an Incest Problem
Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.
Japan Will Launch Pilot for Issuing Digital Yen in April
The move comes after more than two years of proof-of-concept experiments by the BoJ.
BlockFi Looks to Dismiss Bankruptcy Case for SBF’s Robinhood Shell Company
Emergent Fidelity’s case is "futile," says the bankrupt crypto lender seeking access to its 55 million Robinhood shares.
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin
The collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry.
