Regulations
EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.
Celsius Seeks to Recover Millions From Mashinsky, Other Former Executives
The former CEO should repay money he transferred in the run-up to the lender’s July bankruptcy, the document said
Celsius Debtors Release Sale Plan, Choose NovaWulf as Plan Sponsor
The plan was reached in consultation with the official committee of unsecured creditors.
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The guidance requires interested parties, such as issuers and brokers, to determine whether or not a token is a security.
Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act
Changpeng Zhao said Binance will continue working with other stablecoin issuers, and that he’s skeptical about claims Circle raised alarm bells with regulators.
SEC Case Against Bankman-Fried Postponed Pending Criminal Trial
Charges can wait until the Department of Justice’s case against the FTX founder concludes, a judge said.
Sam Bankman-Fried’s Super Bowl VPN Use Prompts Government Concern
U.S. prosecutors worry he could use the privacy tool to access foreign crypto sites or the dark web while on bail.
Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.
Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
The stablecoin issuer confirmed it has received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming.
Circle Sounded Alarm on Paxos, Told NYDFS Binance’s Stablecoin Wasn’t Fully Backed: Bloomberg
The report comes amid mounting regulatory concerns for Paxos.
