Regulation
Man Behind $4,500,000,000 Bitfinex Hack Turns Into Federal Witness in Money Laundering Trial
The infamous hacker who orchestrated the massive 2016 exploit of the crypto exchange Bitfinex has reportedly turned into a government...
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IRS Recruits Former Binance.US and Consensys Executives To Investigate Crypto Tax Evasion
The Internal Revenue Service (IRS) is onboarding two former crypto executives to bolster the tax agency’s enforcement efforts in the...
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Sam Bankman-Fried’s Lawyers Push for Maximum 78-Month Sentence, Say Recommended 100 Years Is ‘Grotesque’
Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX....
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Crackdown on Crypto Conversion Shops Coming to Hong Kong, According to Regulators: Report
Hong Kong’s financial regulators plan to crack down on over-the-counter (OTC) crypto trading activity in the city-state, according to a...
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Texas Senator Ted Cruz Launches New Legislation To Ban Central Bank Digital Currencies (CBDCs)
Republican senator Ted Cruz is continuing to press for the US government to ban central bank digital currencies (CBDCs). According...
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US Prosecutors File Motion Asking Former Binance CEO Changpeng Zhao To Surrender All Passports
US prosecutors are pushing for former Binance CEO Changpeng Zhao to give up his passports and remain in the country...
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U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report
The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by...
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Senators Elizabeth Warren and Sherrod Brown Trying To Kill Entire Crypto Industry: Chamber of Digital Commerce
US Senators Elizabeth Warren and Sherrod Brown are “trying to kill” the entire crypto industry, according to the Chamber of...
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UK Pushing To Regulate Stablecoins and Crypto Staking Within Six Months, Says Treasury Minister: Report
Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline,...
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US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit
The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group...
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