Regulations
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Asserting powers over the $1 trillion crypto industry would be of major significance, just like canceling student debt was, the exchange’s lawyers argue.
FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership
Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The CFTC’s 2022 case – its first against a crypto futures exchange for operating illegally – ended in a default judgment against founder Adam Todd.
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
Last year’s prominent U.S. crypto legislation from a bipartisan pair of senators is back for a reboot that imagines a less prominent role for the SEC than Chair Gary Gensler has in mind.
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.
Coinbase Goes to Court Against the SEC
Coinbase and the SEC will meet in court this week (for a pre-motion hearing). Here’s what we’re watching.
