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.
Regulations
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.
What to Expect at Former Alameda Research CEO Caroline Ellison’s Sentencing
Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a free woman after the amount of cooperation she provided.
Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda, Vice President Cevdet Yilmaz told Bloomberg, talking about plans that also affect crypto.
‘We are Running Out of Time’: U.S. House Democrat Urges Stablecoin Bill Compromise
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee’s ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to regulate U.S. stablecoin issuers.
Candidate Harris Unlikely to Make Full-Throated Crypto Policy Before Election: Source
The presidential campaign for Vice President Kamala Harris made crypto waves with a brief comment about the sector over the weekend, but the industry shouldn’t expect much more in the final weeks before the U.S. elections, insiders suggest.
Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC).