SEC to present response to Coinbase’s legal defense on July 13
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24. Go to Source Powered by WPeMatico
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South Korea passes cryptocurrency bill to tackle unfair trading
South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. Go to Source Powered by WPeMatico
“Sam Bankman-Fried really hurt the industry” — Anthony Scaramucci
The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. Go to Source Powered by WPeMatico
CME Group set to introduce ETH to BTC Ratio futures
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review. Go to Source Powered by WPeMatico
Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim. Go to Source Powered by WPeMatico
Bitcoin salary: Employees choose crypto paychecks amid economic instability
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives. Go to Source Powered by WPeMatico
Slovakian parliament votes in approval of lower crypto taxes
A parliamentary vote held by officials in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. Go to Source Powered by WPeMatico
Crypto debanking could drive industry underground: Australia Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams. Go to Source Powered by WPeMatico
Israeli authorities seize crypto from terror organizations, credit new technology
The Israeli Ministries of Defense and Justice and a number of intelligence and enforcement agencies collaborated, Chainalysis also pitched in. Go to Source Powered by WPeMatico
CFTC issues $54M default judgment against trader in crypto fraud scheme
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body. Go to Source Powered by WPeMatico