Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Regulations
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).
Coinbase Must Face Shareholder Lawsuit Over Regulator Risk Concerns, Judge Rules
A U.S. judge denied in part last week Coinbase’s request to dismiss a class action lawsuit from shareholders accusing the exchange of misleading them about its chances of being sued by the U.S. Securities and Exchange Commission.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia’s Commodity Futures Trading Regulatory Agency, known as Bappebti.
How Might Donald Trump’s Crypto Token Fit Into Regulations?
The former president of the United States is launching a crypto yield product, even as he appeals to the crypto industry in his current bid for office. Donald Trump will be the “chief crypto advocate” for World Liberty Financial, a venture that has offered scant hints so far about what it will actually do.
Ripple Co-Founder Among Kamala Harris’ New Corporate Endorsers
Chris Larsen’s endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections.
Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal
Federal prosecutors have fired back against Ryan Salame’s allegations that they reneged on agreements made in the former FTX executive’s plea deal – namely, that they would cease criminal investigations into Michelle Bond, Salame’s longtime partner and the mother of his child.