New Zealand Starts Digital Cash Consultation
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
Policy
Binance Secures Full Virtual-Asset Services Provider License in Dubai
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.
Binance Could Come Back to India by Paying $2M Fine: Report
The exchange could return as a FIU-registered firm after paying the fine, the report added.
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.
QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.
Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Shomari Figures, a Washington insider with a lengthy progressive resume, didn’t pull in the most money in direct contributions as he sought one of Alabama’s seats in the U.S. House of Representatives. Still, the crypto-friendly candidate dominated the crowded field of fellow Democrats and then won this week’s Democratic runoff with 61% of the vote.
Looking at Sam Bankman-Fried’s Appeals Process
As expected, Sam Bankman-Fried’s legal team filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. So far all we have is just the notice – the actual brief won’t come for some time yet.
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
U.S. Sen. Sherrod Brown (Drew Angerer/Getty Images)
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.
Crypto Exchange VALR Obtains South African License
The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.