Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange. Go to Source Powered by WPeMatico
Law
Auto Added by WPeMatico
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
UK crypto bill reaches final stage, on track for passage
The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. Go to Source Powered by WPeMatico
Canadian committee proposes measures to support blockchain, crypto
The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. Go to Source Powered by WPeMatico
North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. Go to Source Powered by WPeMatico
Voyager to pay $1.1 million in legal fees incurred in April
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. Go to Source Powered by WPeMatico
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Go to Source Powered by WPeMatico
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024. Go to Source Powered by WPeMatico
Judge denies motion from Binance regarding allegedly ‘misleading’ SEC statements
The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements. Go to Source Powered by WPeMatico
US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. Go to Source Powered by WPeMatico