SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice
Web3 gaming firm Immutable has been issued a Wells notice by the U.S. Securities and Exchange Commission, the company said in a statement on Friday.
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Florida CFO Jimmy Patronis ‘Would Not Be Shocked’ to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC
Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.
Freed From Prison, Binance Founder CZ Gets Ovation in Dubai and Talks New Educational Venture
The Binance founder received an ovation at a standing-room only appearance in Dubai.
Coinbase Pours $25M More Into Fairshake as CEO Armstrong Says ‘We’re Not Slowing Down’
Coinbase CEO Brian Armstrong (Coinbase)
MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets
The U.S. Department of Justice said it secured a guilty plea from the operator of crypto “market maker” MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month.
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
The U.S. Treasury Department’s panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector.
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh is the fourth FTX executive to be sentenced for his role in the fraud.
President Biden Thanks Nigerian President for Binance Exec’s Release: White House
U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan.
Crypto Ghosted in U.S. Treasury Department’s New Strategy on Financial Inclusion
The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury’s work on flagging the industry’s hazards.
Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges
The SFC’s Eric Yip said the panel will include representatives from each licensed exchange.