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Regulations
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review.
National security officials with the U.S., South Korean and Japanese governments discussed North Korea’s crypto thefts and other efforts to work on its nuclear and ballistic missile programs, the White House announced Friday night.
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.
Binance founder and former CEO Changpeng Zhao must remain in the U.S. until he is sentenced next February, a federal judge ruled Thursday.
Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BoE said in its bi-annual report.
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred.
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India’s government overseeing the financial evolution of the nation.
A federal judge accepted Binance founder Changpeng “CZ” Zhao’s guilty plea to one count of violating the Bank Secrecy Act, but has not yet weighed in on whether Zhao can go back to the United Arab Emirates before he is sentenced in February.
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January.