Kansas state lawmakers look to cap crypto political donations at $100
Under the proposed amendments, crypto campaign contributions under $100 were acceptable, provided the receiver immediately convert the funds to USD and not HODL them.
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FTX bankruptcy judge denies US trustee’s motion to appoint independent examiner
The U.S. trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX’s alleged misuse of customer funds.
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds.
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
Sam Bankman-Fried’s use of a VPN on Super Bowl Sunday ‘raised concerns’, say prosecutors
Lawyers representing the former FTX CEO and U.S. prosecutors requested until Feb. 17 to discuss the impact using a VPN could have on Bankman-Fried's bail conditions.
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting…
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm…
Circle blew the whistle on Binance reserves to NYDFS: Report
The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin.
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are…
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