US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May.
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Coinbase political initiative features US lawmaker who admitted to ethics violations
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules.
SEC delays set deadline for Bitcoin ETF approval to early 2024
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023.
Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions
Sam Bankman-Fried allegedly used more than $100 million “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”.
Sam Bankman-Fried will ‘return to his depression’ without access to medication, say defense lawyers
According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
3AC co-founder avoids contempt charges following evidence of Singaporean citizenship
Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court's jurisdiction.
Judge revokes Sam Bankman-Fried’s bail, remands him to custody: Report
Sam Bankman-Fried was reportedly led out of a New York courtroom in handcuffs after alleged attempts to influence or intimidate witnesses in his criminal case.
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.
Argentine agency opens investigation into Worldcoin over biometric data
The Agency for Access to Public Information in Argentina was the latest government body to investigate Worldcoin, with reports suggesting probes in Germany, France and Kenya.
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