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Kristin Johnson of the United States Commodity Futures Trading Commission (CFTC) said there are many ways of handling cryptocurrencies in the country, but legislating through courts could provide a solid, if slow, path.Speaking at the Blockchain Association’s Policy Summit in Washington, D.C. on Nov. 30, Johnson said the “best outcome”
Read MoreOpenAI recently announced a shocking leadership change with Sam Altman being ousted as CEO. After five years of being at the helm
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Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC).According to a court filing on Nov. 9, Genesis argued that the 3AC debtor should receive an allowed general unsecured claim against Genesis in the amount of
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Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub. Original Source
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Congressional inaction, the decline of the Chevron doctrine, and regulation by enforcement are decentralizing policy-making power over emerging technologies like blockchain and AI, says Michele Neitz. Original Source
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Bitstamp has gotten a lot of interest in Europe for the exchange’s relatively new Bitstamp-as-a-service offering, a white-label licensing and technology combo designed to help banks and fintech firms offer crypto buying and selling, said Robert Zagotta, the Luxembourg-based company’s global chief commercial officer and CEO of its U.S. division. Source
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There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates.On Aug. 31, Jeremy McLaughlin, a partner at the global law firm, noted that multiple U.S.
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Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of
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Lawyers representing billionaire Elon Musk and Tesla asked a United States district court judge to toss out a motion to have them sanctioned over alleged conflicts of interest in a $258 billion lawsuit alleging Musk participated in an illegal racketeering scheme related to the Dogecoin (DOGE) cryptocurrency.In a filing dated
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In March, the South Korean national was arrested in Montenegro over the alleged possession of falsified documents along with fellow Terra executive Han Chang-Joon. South Korean officials were already searching for Kwon, and following his arrest, the country requested Kwon's extradition, as did the U.S. Kwon also faces possible jail
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