SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
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US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.
Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds
In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond.
Economics of Bitcoin ATM market could hinder wider adoption
Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs.
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto.
Does the US have a crypto ‘tax loophole’ problem?
The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape?
Former House Rep blames industry outsiders for associating crypto with bank’s failure
According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate withdrawals."
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
IMF optimism in Central African Republic, despite Bitcoin adoption
The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks.
Biden won’t accept debt deal protecting crypto traders — G7
U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders.
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