Search
SCOTUS rules against Coinbase over 2021 Dogecoin sweepstakes
24.5.2024
The Supreme Court of the US has delivered a verdict against Coinbase, citing that a court should decide where its dispute about the Dogecoin sweepstakes belongs. This means that arbitrators will not have a role to play here, and it will only be the court that does so. This situation occurs because...
Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens
24.5.2024
A Texas district court has found crypto inflluencer Ian Balina guilty of violating U.S. securities laws by promoting and selling SPRK tokens without proper disclosure.
The post Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens appeared first on Cryptonews
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
20.5.2024
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best...
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...
Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review
12.5.2024
Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the protocol level. In Kenya, President William Ruto has enlisted...
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
11.5.2024
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions...
House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto
9.5.2024
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks....
House votes to nullify SEC’s anti-crypto banking guidance SAB 121
9.5.2024
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations
6.5.2024
The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses. The Australian Securities and Investments Commission (ASIC) underscores the importance of regulatory compliance to protect consumers in the volatile crypto market....
Robert Kiyosaki Shares Crash Survival Rules — Warns ‘Crash Has Begun, It Will Be a Bad One’
5.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that they are “real money that goes up in value...
Australian court rules against Qoin issuer BPS Financial on 4 charges
3.5.2024
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC
Australian Federal Court Rules in Favor of ASIC, Against Unlicensed Qoin Crypto
3.5.2024
In 2022, the ASIC alleged that Qoin misled consumers, lodging civil penalty proceedings in the Federal Court against BPS Financial.
The post Australian Federal Court Rules in Favor of ASIC, Against Unlicensed Qoin Crypto appeared first on Cryptonews
U.S. Bitcoin ETFs Bleed Record $563M Even as Fed's Powell Rules Out Rate Hike
2.5.2024
Fidelity's FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls
DTCC rules out collateral for Bitcoin-linked ETFs
27.4.2024
This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value
EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto
26.4.2024
The new laws set up "enhanced" due diligence and customer checks for crypto firms
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
26.4.2024
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling...