Yoon Suk-Yeol Wins South Korea’s Presidential Election
Liberal Party candidate Yoon Suk-Yeol has clinched a victory over political rival Lee Jae-Myung in a narrow race Pundits hope Yoon will pave the way for a new era of…
CFTC Charges 4 in Crypto Ponzi Scheme as Questions Swirl Over Jurisdiction
The CFTC has charged four individuals it claims were involved in operating a ponzi scheme that swindled $44 million of bitcoin from investors Regulators should focus on establishing rules rather…
2022 Will Be the Most Consequential Year in Crypto Policy Yet
Effective regulation will need input from a vast range of participants—many with conflicting aims Russia’s invasion of Ukraine has sharpened lawmakers’ focus on the need to police cryptocurrency use… ]…
Dubai Is the Latest Government To Roll Out Crypto Law, Set Up Regulator
Dubai Financial Services Authority reveals report on crypto token regulation Proposal calls for “privacy tokens” and “algorithmic tokens” to be banned Dubai has revealed its first cryptocurrency… ] Go to…
Congressional Action on Stablecoins Could Come as Soon as This Month, Source Says
Efforts are underway in the House and the Senate to regulate stablecoin issuers and oversee reserves The escalating conflict in Ukraine has led lawmakers to question how a CBDC might…
Coinbase Blocks 25,000 Accounts Linked to Russia To ‘Support’ Sanctions
Coinbase said it has blocked the accounts and has shared the blocked addresses with the US government The exchange said it is working with authorities to monitor sanctions lists and…
Crypto Is a ‘Lifeline’ for Russian Citizens, Coinbase CEO Says
More users are turning to crypto in Russia as the war in Ukraine intensifies, data show The notion that crypto is being used to avoid sanctions is unfounded, the CEO…
SEC Reportedly Targets NFT Market Over Potential Violations of Securities Law
The SEC is especially seeking information on fractional NFTs NFTs can be deemed securities if they pass the “Howey Test,” a regulatory standard used to determine if a transaction has…
US Democrats Ask Treasury What Effect Cryptoassets Have on Russian Sanctions
Democrats in the US are seeking answers from the Department of the Treasury over its effectiveness to monitor Russian evasion of sanctions using crypto Questions come as bitcoin’s rise against…
DOJ Moves To Dismiss Tezos Staking Tax Case in Closely Watched Crypto Dispute
The Department of Justice claims the case should be dismissed because the refund has been issued The couple said in February they would refuse the tax refund offered The Department…