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UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox

“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” said Treasury.

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US authorities are investigating former FTX exec for potential campaign finance violations: Report

FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States.

Continue ReadingUS authorities are investigating former FTX exec for potential campaign finance violations: Report

Grayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETF

According to Grayscale, the Volatility Shares ETF was an “even riskier” product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading.

Continue ReadingGrayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETF

Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program

Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program.

Continue ReadingGemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program