Regulations
Bit4You Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says
FSMA’s comments suggest the exchange could have lost its license or potentially faced prosecution, even before Bit4You's Estonian corporate partner filed for insolvency.
Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior
Regulators in the tech-friendly nation say they’ll now return to business-as-usual monitoring after money laundering fears led it to take a tough line.
Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.
Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report
Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
Local media reports Democratic Party lawmaker Kim Nam-kuk had previously co-sponsored a bill seeking to defer taxation on crypto profits.
U.S. Justice Department Investigating Binance for Russia-Related Sanctions Violations: Bloomberg
CoinDesk has reached out to Binance and the Justice Department for comment.
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Voyager’s creditors will recover an estimated 36% of their assets – a far smaller slice of the pie than they would have received if the platform’s sale to FTX or Binance US went through.
Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says
The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.
New York Attorney General Seeks New Crypto Powers for State Regulators
The bill would follow legal suits pursued by Letitia James against companies like Celsius, CoinEx and Nexo.
UK’s FCA Continues Crackdown on Unregistered Crypto ATMs
The regulator, along with local police, raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.
