EU backs Data Act with clause to shut off smart contracts
The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts...
Regulation
Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect...
Expect new IRS crypto surveillance to come with a surge in confiscation
As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer...
Australia proposes new licensing regime for crypto exchanges
Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out...
Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel....
New York AG sues Gemini, Genesis for $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the...
US Senator asks DOJ to consider criminal charges against Binance and Tether
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether....
Dubai approves XRP under its virtual assets regime
Ripple says approval allows licensed firms to incorporate XRP into their crypto asset services. CEO Brad Garlinghouse notes that Dubai...
Turkey is preparing new law on crypto assets: report
Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen...
Zodia Markets gets VASP registration in Ireland
Zodia Markets is a Standard Chartered-backed digital asset exchange and brokerage platform. The company has announced its registration as a...
UK government outlines FCA’s role in stablecoin regulation
The HM Treasury today published a policy update to the country’s crypto regulation. In it, the UK government has outlined...
Caroline Ellison speaks on FTX-Binance war: Hodler’s Digest, Oct.
Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former...
Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service
Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried are seeking to bring up certain information from the crypto exchange’s terms of...
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ) contributed to the...
Hata receives in-principle approval to be fifth Malaysian digital exchange
The Malaysia-based Hata has received in-principle approval from Securities Commission Malaysia (SC) to register as a Recognized Market Operator (RMO)...
Crypto advocates weigh on race for next US House Speaker
At the time of publication, half of the legislative branch of the federal government of the United States was largely...
Judge sides with Ripple again, denies SEC appeal: Law Decoded
On Oct. 3, United States District Court Judge Analisa Torres rejected the U.S. Securities and Exchange Commission’s (SEC’s) motion to...
Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang
Gary Wang, FTX’s co-founder and former chief technology officer, again appeared in court on the fourth day of the criminal...
House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to...
Canada clarifies guidelines for stablecoins trading
Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to...
![Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]](https://cryptomagazinepro.com/wp-content/uploads/2023/10/Latest-update-—-Former-FTX-CEO-Sam-Bankman-Fried-trial-Day-540x340.jpg)
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As...
Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial
The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to...
