It’s Time to Scrap AML/KYC Entirely
(Kelly Sikkema/Unsplash, modified by CoinDesk)
Regulations
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. … Again
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.
Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up
The emails were disclosed by Wright’s counsel after COPA’s expert witness Patrick Madden spent a tense day on the stand.
Looking at Kraken’s Motion to Dismiss an SEC Lawsuit
(Nikhilesh De/CoinDesk)
Judge Signs Off on Binance’s $4.3B Plea Deal With U.S. Prosecutors
A federal judge approved the U.S. Department of Justice’s $4.3 billion fine on Binance after the crypto exchange pleaded guilty to violating anti-money laundering laws last November.
Craig Wright Admits to Editing Bitcoin White Paper Presented in COPA Trial
COPA’s trial to find out whether or not Craig Wright is the pseudonymous creator of bitcoin Satoshi Nakamoto has completed its third week.
Trump: Bitcoin Has Taken on ‘a Life of Its Own,’ Will Probably Need Some Regulation
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.
Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It
The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.