English High Court Rules Tether’s USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Regulations
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies
The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether.
Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF
The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement.
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
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).