Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.
Policy
Slovenia Moves to Tax Crypto Profits at 25%
The tax would apply to profits from selling crypto for fiat currency or goods and services, but not to swapping one cryptocurrency for another.
Canary Capital Files for Tron ETF With Staking Capabilities
The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.
Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport Ahead of Sentencing
Ivan Turogin and Sergei Potapenko ran a crypto mining Ponzi scheme that defrauded investors around the world of more than $575 million.
Republican States Pause Lawsuit Against SEC Over Crypto Authority
Crypto lobbyists also dropped a lawsuit against the IRS.
Semler Scientific Agrees to Pay DOJ $30M to Settle Fraud Investigation
In a Tuesday filing, the company said it had reached a loan agreement with crypto exchange Coinbase allowing it to borrow money — using its bitcoin stockpile as collateral — to pay the settlement.
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit
The judge agreed to toss out two of the claims against DCG, its CEO Barry Silbert and Michael Moro, the former CEO of Genesis Global Capital, on the grounds that they were duplicative.
SEC, Binance Ask Judge to Extend Pause in Ongoing Case
The parties previously asked a judge to pause the case for 60 days.
U.S. SEC’s Crypto Trading Roundtable Delves Into Easing Path for Platforms
Interim SEC Chairman Mark Uyeda hints at interest in a short-term solution for overseeing crypto firms while the agency contemplates permanent rules.
1 in 5 Cross-Chain Crypto Investigations Involve More Than 10 Blockchains, Elliptic Finds
Hopping from chain to chain is a common obfuscation tactic for criminals trying to cover their tracks, Elliptic CTO Jackson Hull said.