Binance Founder Changpeng ‘CZ’ Zhao Could Be Released on Friday
Binance founder Changpeng “CZ” Zhao, could be released on Friday, two days ahead of his scheduled release date of September 29th (Sunday), according to an interpretation of the law.
Regulations
SEC’s Gensler Won’t Reveal His View on Trump’s Bitcoin Reserve, Reiterates Bitcoin Isn’t a Security
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is “not a security” but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday.
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe
The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.
Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders
The U.S. Department of Justice’s (DOJ) case against Tornado Cash developer Roman Storm will proceed to trial, a New York judge ruled during a telephonic hearing on Thursday.
Singapore Court Grants WazirX Four-Month Conditional Moratorium
A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.
Utah Judge Rules SEC’s Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial
The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday.
Former Government Employees, Compliance Officers Rally for Detained Binance Executive
A handful of former prosecutors and compliance professionals staged a protest in front of the United Nations General Assembly Wednesday.
Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
Stablecoins will drive institutional adoption in Asia, “even if regulators are not happy with it,” Chainalysis co-founder and CEO Michael Gronager said in an interview.
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement.