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US senators target crypto in bill enforcing sanctions on terrorist groups

December 8, 2023 by DIGIT

Senator Elizabeth Warren isn’t leading the charge on this bill linking crypto transactions to terrorism — it comes from Senators Mitt Romney, Mark Warner, Mike Rounds and Jack Reed. Go to Source

Categories Government, Law, Regulation, Sanctions, terrorism, United States

Bitcoin’s many deaths: Is crypto market past ‘point of no return?’

December 8, 2023 by DIGIT

Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back. Go to Source

Categories Bitcoin Price, Bitcoin Regulation, Government, Law, Proof of Work, Technology, United States

Montenegrin official plans to extradite Do Kwon to the United States: Report

December 7, 2023 by DIGIT

The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro. Go to Source

Categories Crimes, do kwon, Law, Regulation, Terra, United States

AI regulations in global focus as EU approaches regulation deal

December 7, 2023 by DIGIT

Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead. Go to Source

Categories Australia, China, Government, Italy, Law, Technology, uk government, United States

Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC

December 5, 2023 by DIGIT

According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” Go to Source

Categories Court, Law, Regulation, SEC, Terra, United States

UK Legislators urge caution in retail digital pound rollout

December 2, 2023 by DIGIT

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. Go to Source

Categories CBDC, Cryptocurrencies, Law, uk government

SEC faces sanctions threat as Judge questions DEBT Box case accuracy

December 2, 2023 by DIGIT

Initially, the SEC, led by attorney Michael Welsh, had convinced the court to freeze DEBT Box’s assets, arguing the company was moving to Dubai, beyond U.S. regulatory reach. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, Law, SEC

Terraform Labs and SEC lawyers spar over whistleblower in court: Report

December 1, 2023 by DIGIT

Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial. Go to Source

Categories Court, Law, Regulation, SEC, Terra, United States

Binance VIP traders got sneak peak of US settlement: Report

December 1, 2023 by DIGIT

At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. Go to Source

Categories Binance, business, Changpeng Zhao, Law, Singapore, United States

Coinbase tracks 6% rise in info requests from law, government agencies

November 30, 2023 by DIGIT

The requests are increasing in number and coming from more jurisdictions every year. Go to Source

Categories Coinbase, Cryptocurrency Exchange, Law
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,369.00-0.34%
  • ethereumEthereum(ETH)$2,950.56-0.23%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$888.64-0.13%
  • rippleXRP(XRP)$1.92-0.13%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$127.26-0.87%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.297354-3.12%
  • staked-etherLido Staked Ether(STETH)$2,951.08-0.10%