Regulations
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
The U.S. regulator confirmed it didn't take its own security advice through much of 2023, leaving it open for a costly social-media hack that's still under investigation.

FTX Affiliate Alameda Research Drops Grayscale Lawsuit
FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.

U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. designated two companies that helped move crypto for Hamas, according to a Treasury Department press release.

Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg
A statement from B. Riley said it was unaware of any such investigation from the U.S. Securities and Exchange Commission (SEC).

Why Indonesia’s Upcoming Elections Could Make or Break the Country’s Vibrant Crypto Sector
Not all leading candidates have been vocal about crypto – but scattered remarks offer clues about where the industry might be headed under their leadership.

The SEC Goes Back to Court
A week after approving many spot bitcoin ETFs, the SEC faced Coinbase and Binance in court.

Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
NFTs, DeFi and outlawing privacy tools might be out, but for crypto firms, requirements for customer checks might be more stringent than for banks, policy watchers told CoinDesk.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering
Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.

Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
Indonesian crypto exchanges saw a 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.

