Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Policy
UK Introduces Bill to Clarify Crypto’s Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
Former FTX Executive Caroline Ellison’s Sentencing Hearing Set for Sept. 24
Former Alameda Research CEO Caroline Ellison’s sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT.
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations.
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says
Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45% from 2022, according to a new report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center.
Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds
Five U.S. states have reached a settlement agreement with GS Partners – the European operation behind several crypto investment schemes, including tokenized investments in a Dubai skyscraper – that will see investors get 100% of their money back, according to a Monday announcement from the Texas State Securities Board (TSSB).
Kalshi’s U.S. Election Markets Delayed Until Friday at Earliest
The judge in the prediction market’s court case against the CFTC has called a hearing Thursday over the regulator’s motion for a two-week delay.
Coinbase Must Face Shareholder Lawsuit Over Regulator Risk Concerns, Judge Rules
A U.S. judge denied in part last week Coinbase’s request to dismiss a class action lawsuit from shareholders accusing the exchange of misleading them about its chances of being sued by the U.S. Securities and Exchange Commission.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia’s Commodity Futures Trading Regulatory Agency, known as Bappebti.
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
The agency says it can’t make “an informed decision” about whether to appeal the judge’s decision in Kalshi’s favor until it knows her rationale.