Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.
The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
South Korea’s most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency.
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG’s array of digital assets businesses.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there’s no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.