French regulator warns investors Bybit provided services ‘illegally’
The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.” Go to Source
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US Senate passes resolution overturning SEC crypto rule on banks
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets. Go to Source
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX. Go to Source
Ex-FTX exec Ryan Salame asks for no more than 18 months in prison
The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial. Go to Source
Two brothers manipulated Ethereum protocols to steal $25M — Justice Dept
U.S. officials said the individuals engaged in a “first-of-its-kind manipulation of the Ethereum blockchain” by tampering with its protocols over validating transactions. Go to Source
Circle shifts legal home to US ahead of IPO
Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence. Go to Source
Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges
On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital asset intermediaries in similar situations to report their activities to the … Read more
Filing suggests SEC is exploring grounds to deny spot Ether ETFs
A March 4 filing for BlackRock’s spot Ether ETF called for feedback on whether the investment vehicle could be listed as a commodity. Go to Source
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust. Go to Source
Former CFTC Chair Chris Giancarlo joins Paxos board
Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce. Go to Source