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Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Crypto-related companies looked set to start the week on a positive note.
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."
Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.
Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial
Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.
Bitcoin's Price Rally May Add to Inflation. Here's Why
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.
Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission
The money is set to cover the costs associated with having meetings including travel expenses.
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
Ripple Must Share Financial Statements Requested by SEC, Court Rules
The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request.
