Regulations
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
SEC Seeks $1.95B Fine in Final Judgment Against Ripple
Stuart Alderoty, Ripple Labs’ chief legal officer, criticized the SEC and wrote that the company will file its response to the SEC’s motion next month.
Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case
The court documents filed in a New York court on Monday are currently under seal.
Binance Blocked by Philippines Securities Watchdog
The Philippines Securities and Exchange Commission warned in November that the company was operating in the country without the necessary licenses.
CommEX, Owner of Binance's Former Russian Ops, to Close Down
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.
EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA
The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.
Nigeria Charges Binance With Tax Evasion After Detained Exec Escapes: Reports
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
The proceeds from the sale of the shares, valued at approximately $1 billion, will go towards repaying investors.
SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
The agency chairman said that the industry could benefit from "disinfectant."
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The Luna/Terra founder will remain in the Balkan country “until a decision is made” on where to send him to face charges.
