REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.
The Bank of England and the United Kingdom's Treasury are working on a digital asset
UK's finance minister said the Digital Pound's goal is to create a "trust, accessible, and easy-to-use" digital asset.
Sam Bankman-Fried's Lawyers Reach Agreement with Federal Prosecutors
Sam Bankman-Fried may still use non-encrypted texting and phone services, save WhatsApp, which he can use under supervision.
FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case
CEO John Ray testified for FTX bankruptcy judge John Dorsey on a request to appoint an independent examiner.
HKSFC to Hire 4 More Staff to Supervise Crypto
The statement states that more operators want to use virtual assets.
South Korea Establishes Guidance for Regulating Digital Assets as Securities
The step prepares for security token legalisation in the nation.
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.
U.K. Central Bank and Treasury Believe Digital Pound is Needed
The Bank of England predicts a UK CBDC by 2030.
3 Website Operators Lured Romance-Seeking Victims Into Their Fraud
Three website operators lured romance seekers with their bogus bitcoin investment scam.
FBI seizes $100,000 in cryptocurrency and NFTs
The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.
CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations
Chair Rostin Behnam said the CFTC was "ideally positioned" to solve crypto regulatory shortcomings, but legislators needed to provide it power.
Core Scientific to Pay Outstanding Debt with Mining Machines
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
Australia Opens Public Consultation on National Taxonomy of Crypto Assets
A crypto licence and custody document will be released in mid-2023.
Senate Banking Committee to Hold Second Hearing on Crypto Market Crash
The Senate Banking Committee's second hearing of the 118th Congress will discuss digital asset protection.