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Policy
Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams' Statement
"As a result of his unprecedented fraud, Bankman-Fried faces 25 years in prison, forfeiture of over a billion dollars and restitution to his victims."
Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order
This is the third test for the Province's new tool to combat money laundering
Indonesia’s Finance Regulator Issues New Crypto Regulation to Strengthen Industry
This is part of the preparations for the transition of crypto supervision to OJK by January 2025.
Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs
Earlier this year, the regulator had denied permission to trade bitcoin ETFs.
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported.
Test and Deploy: A New Era for CBDCs
Live CBDCs have been met with underwhelming demand. However, some central banks are pushing ahead with more modestly-scaled efforts laser focused on specific use cases.
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
