FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on the YouTube platform. Go to Source Powered by WPeMatico
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Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year
Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to … Read more
Wyoming’s private keys bill addresses growing threat to rights and assets
Wyoming’s new law ensures that courts won’t overstep their authority in requiring individuals to disclose their private keys. Go to Source Powered by WPeMatico
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class action suit was filed against Silicon Valley Bank, chief executive officer Greg Becker, and chief financial officer Daniel Beck. Go to Source Powered by WPeMatico
State caps or federal regulation: What’s next for political crypto donations
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation. Go to Source Powered by WPeMatico
Banks with crypto services require new Anti-Money Laundering capabilities
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. Go to Source Powered by WPeMatico
Crypto bill draft will be released in April, says Senator Gillibrand
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC. Go to Source Powered by WPeMatico
CFTC continues to explore digital asset policy considerations in MRAC meeting
Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was “witnessing the deployment of Web 3.0”. Go to Source Powered by WPeMatico
Mt. Gox creditors have until March 10 to register and choose repayment method
Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider, or through a cryptocurrency exchange or custodian. Go to Source Powered by WPeMatico
US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report
Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law. Go to Source Powered by WPeMatico