Regulations
Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
The son of former President Trump tweeted earlier this month that he had “truly fallen in love with Crypto/DeFi.”
Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty
The launch of a Digital Wallet Policy to stimulate the economy earlier this month "may face delays or revisions or even cancelation due to the recent developments," one expert said.
WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
The Indian crypto exchange is facing heat from customers for the inability to withdraw their funds and an alleged lack of transparency after a $230 million exploit.
Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more than A$500 million.
Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says
The Fairshake super PAC and its affiliates are reserving broadcast time in Ohio, Arizona and Michigan for their Senate races in the November general election.
Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg
Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.
SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme
The SEC alleges that the scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans, following a similar suit filed in June by the New York Attorney General.
Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating
Gambaryan was pushed into a Abuja, Nigeria courtroom on July 16th in a wheelchair for his last hearing.
IRS Shares New Crypto Tax Form, Invites Industry Input
The IRS’ new U.S. crypto tax regime will begin to go into effect for 2025 taxes, though some controversial aspects remain to be worked out.
Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients
Customers Bank has agreed to tackle the regulator's concerns that it's strayed from proper compliance with its digital assets clients.
