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FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy

10.9.2023
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates

G20 moves forward with international crypto framework

9.9.2023
The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis

Senators unveil bipartisan blueprint for comprehensive AI regulation

9.9.2023
It is expected to be a guide in managing both the potential benefits and risks associated with AI technology

Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight

9.9.2023
Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place

7 Minutes Of Payday 3

9.9.2023
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Blockchain Association responds to US lawmakers’ request for crypto tax guidance

8.9.2023
Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8

LBRY Gears Up to Contest US Securities Law Violation Ruling

8.9.2023
In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...

Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

8.9.2023
The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November

CFTC commissioner calls for crypto regulatory pilot program

7.9.2023
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face

UK financial watchdog could give crypto firms until January 2024 for marketing compliance

7.9.2023
Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8

Ron DeSantis’ falling polls: Could crypto lose its candidate?

7.9.2023
The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining

Understanding crypto custody: What different solutions entail for investors and businesses

7.9.2023
Overall, businesses and individuals should constantly scrutinize their custodial strategies to ensure their funds are properly managed

Israeli Cyber Crime Unit Raids Company Accused of Producing a Crypto-Stealing ‘Sting Software’

7.9.2023
Israeli law enforcement recently raided the offices of a company accused of producing software used by criminals to defraud crypto investors of millions of dollars. Some six suspects were arrested following the raid on a company that is reportedly operated by the country’s infamous crime families....

Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg

7.9.2023
Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it's part of a bigger regulatory picture

OpenAI and Microsoft accused of stealing data to train ChatGPT in new class-action suit

6.9.2023
The lawsuit alleges that OpenAI’s profits came as a result of using illegally scraped data to train its models

Appellate judge denies Sam Bankman-Fried's request for immediate release from jail

6.9.2023
The motion from Sam Bankman-Fried's lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO's criminal trial is set to begin in New York

South Korea Seeks to Freeze North’s Crypto Assets Under New Law

6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...