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” El Salvador’s Bitcoin strategy evolved with the bear market in 2022 “ Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community…
” US authorities launch page to notify FTX’s alleged victims about SBF’s case “ The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to the victims of Sam Bankman-Fried’s alleged fraud at FTX to come forward and informing them about court proceedings. In a…
” French central bank governor pushes for crypto licensing ahead of EU laws “ Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets. During a speech in Paris on Jan. 5, the central bank governor…
” US authorities are turning their attention to FTX’s Nishad Singh: Report “ The United States Securities and Exchange Commission and Commodity Futures Trading Commission and prosecutors are reportedly investigating former FTX engineering director Nishad Singh for potentially having a role in defrauding investors and users. According to a Jan. 5 report from Bloomberg, U.S….
” US senator behind efforts to pass major crypto bill won’t seek re-election “ Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025. In a Jan. 5 announcement, Stabenow said she would finish the remainder of her 6-year term in the Senate,…
” NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ ‘dire financial condition’ “ New York Attorney General Letitia James has filed a lawsuit against Alex Mashinsky, alleging the Celsius founder and CEO made numerous “false and misleading statements” which led to investors losing billions. In a Jan. 5 announcement, the New York…
” LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges “ A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022. The class action was filed with the U.S. district court of Massachusetts on Jan. 3, by an unnamed plaintiff known only as “John…
” Crypto regulation world: How laws for digital assets changed in 2022 “ Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the crypto ecosystem was awarded countless operational licenses and exposure to new markets, the fall of Terraform…
” Coinbase reaches $100M settlement with NY regulators “ New York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in its compliance program, following a settlement with the New York State Department of Financial Services. The fine was issued after regulators found…
” Israeli securities regulator moves to establish crypto legal framework “ The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli investors are exposed to digital assets, and over 150 companies operate in Israel, according to the regulator. The regulator released a proposal in January 2023, outlining…