Regulations
When Do Secondary Token Sales Violate Howey?
A federal judge allowed most of the SEC's arguments against Binance to proceed but specifically dismissed a charge tied to secondary sales.
Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped
The late-night messages NYAG alleged were evidence of a fraudulent conspiracy were, according to DCG’s lawyers, “lawful, good-faith efforts by DCG to support a subsidiary.”
Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
The first Securities and Exchange Commission witness has been cross-examined and the money laundering trial adjourned till July 5.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
Silvergate's executives were aware of 'critical deficiencies' in the bank's anti-money laundering protections, the SEC alleged.
Marine Le Pen's Far-Right National Rally Party Leads in First Round of French Election
The new parliament is likely to be more polarised between left and right wings, making crypto policy development uncertain and difficult, said Mark Foster, the EU policy lead at the Crypto Council for Innovation.
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.
