Telegram to Provide More User Data to Governments After CEO’s Arrest
Messaging app Telegram made significant changes to its terms of service, chief executive officer Pavel Durov said in a post on the app on Monday.
Policy
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Consensys Suit Against U.S. SEC Dismissed by Texas Court
The U.S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court. Because the regulator then shut down that Ethereum probe earlier this year, a Texas judge has decided the lack of immediate danger means the lawsuit is unwarranted.
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.
Inside OKX’s Strategic Shifts to Its Regulatory Approach, Formula 1 Branding and App Design
OKX has rethought the strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview.
OKX Singapore’s New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
Crypto custodianship has been in the spotlight since the collapse of FTX.
DeFi Lending Platform Rari Capital Settles SEC Charges
The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders.
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.
Decentralized AI Society Launched to Fight Tech Giants Who ‘Own the Regulators’
Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey told CoinDesk in an interview on the sidelines of Token 2049 on Tuesday.