Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.
Regulations
For Crypto, the Global Regulatory ‘Olympics’ Has Already Begun
(Greg Rosenke/Unsplash, modified by CoinDesk)
U.S. SEC Calls for Comments on Spot ETH ETFs
The U.S. Securities and Exchange Commission has opened the window for comments on three ether spot exchange traded fund (ETF) proposals.
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
The DSS will last five years and could lead to a new regulatory regime for securities settlement.
Central Bank Group Starts Tokenization Project to Enhance Monetary System
The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said.
What a Judge Said About the SEC’s Suit Against Coinbase
Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening.
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
A Southern District of New York courthouse (Tracy Wang/CoinDesk archives)
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn’t entitled to membership in the Federal Reserve or to a Fed master account.
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.