Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
SEC headquarters (Nikhilesh De/CoinDesk)
Regulations
Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector’s associations and top businesses are encouraging House leaders to support the effort.
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg
A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports.
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution.
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
France’s securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France.
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing.
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he’s joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge around the world.
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.