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U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

November 9, 2023 by DIGIT

Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. Go to Source

Categories Law, Ledger, Legislation, Technology, Tether, United States

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

November 9, 2023 by DIGIT

The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. Go to Source

Categories Binance, BUSD, Court, CZ, Howey Test, Law, Lawsuit, SEC, securities suit, suit

‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

November 8, 2023 by DIGIT

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. Go to Source

Categories CFTC, Cryptocurrencies, Cryptocurrency Exchange, Law

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

November 7, 2023 by DIGIT

Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Go to Source

Categories Court, Cryptocurrency Exchange, Exchanges, ftx, Law, Sam Bankman-Fried, United States

Coinbase user agreement dispute reaches US Supreme Court

November 4, 2023 by DIGIT

The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses. Go to Source

Categories Coinbase, Cryptocurrencies, Law, Tokens

Hong Kong issues rules for asset tokenization as interest mounts

November 2, 2023 by DIGIT

Hong Kong’s securities regulator, the SFC, treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. Go to Source

Categories Digital Asset, Hong Kong, Law, Tokens

Ripple’s legal chief questions SEC case losses under Gensler

November 2, 2023 by DIGIT

Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Chair Gensler’s leadership. Go to Source

Categories Law, Ripple, SEC, Tokens

Ripple’s CEO criticizes former SEC Chair Jay Clayton’s comments

October 29, 2023 by DIGIT

The former SEC Chair emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. Go to Source

Categories Law, Ripple, SEC, United States, XRP

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

October 27, 2023 by DIGIT

The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages. Go to Source

Categories Court, ftx, Law, Regulation, Sam Bankman-Fried

Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

October 26, 2023 by DIGIT

Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried
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  • bitcoinBitcoin(BTC)$90,241.001.15%
  • ethereumEthereum(ETH)$2,978.111.61%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$897.711.57%
  • rippleXRP(XRP)$1.941.02%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$128.740.77%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.298520-1.51%
  • staked-etherLido Staked Ether(STETH)$2,978.111.72%
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  • bitcoinBitcoin(BTC)$90,241.001.15%
  • ethereumEthereum(ETH)$2,978.111.61%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$897.711.57%
  • rippleXRP(XRP)$1.941.02%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$128.740.77%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.298520-1.51%
  • staked-etherLido Staked Ether(STETH)$2,978.111.72%