US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. Securities and Exchange Commission (SEC).
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US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.
US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash, despite many in the space pushing back on actions against software tools.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Judge signs off on $1.65B settlement between Voyager Digital and FTC
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC.
Changpeng Zhao may not leave the US pending court review, says judge
Pending a motion for review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he…
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000.
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics.
FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.
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