Gemini agrees to a $5M penalty as part of proposed CFTC order
The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements. Go to Source
Regulation
Auto Added by WPeMatico
Polymarket users bet on Canadian PM resigning amid reports he steps back
Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference. Go to Source
Former Special U.S. Assistant Attorney Volunteers to Lead Operation Chokepoint 2.0 Investigation
Former Special U.S. Assistant Attorney John Deaton expressed his willingness to lead a federal investigation into Chokepoint 2.0. Deaton Calls out Unelected Officials Abusing Their Positions Former Special U.S. Assistant Attorney John Deaton has said it would be “both an honor and a privilege” to lead a federal investigation into Chokepoint 2.0, an alleged government … Read more
South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities
A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house … Read more
US lawmaker kicks off 2025 by disclosing altcoin investment
Georgia Representative Mike Collins has disclosed investments in Ether and other altcoins since taking office in 2023. Go to Source
Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Go to Source
Members of US Congress backed by crypto PACs to take office on Jan. 3
Interest groups suggested that a majority of lawmakers in the US House of Representatives would be “pro-crypto” after the 2024 election. Go to Source
Crypto criminals who are spending their first New Year’s in prison
From Sam Bankman-Fried to the man responsible for hacking Bitfinex, many convicted felons are ringing in 2025 behind bars. Go to Source
Singapore Refines Crypto Regulations, Strengthening Lead as Asia’s Top Digital Asset Hub
Singapore is solidifying its lead as Asia’s top crypto hub, with expanding regulations and a surge in licensed institutions drawing major global digital asset firms. Singapore Strengthens Position as a Crypto Powerhouse Singapore is reinforcing its status as a leading cryptocurrency hub through the Monetary Authority of Singapore’s (MAS) comprehensive regulatory approach. With over 200 … Read more
Ripple’s Legal Chief Outlines Principles SEC Can’t Afford to Repeat in 2025
Ripple’s legal chief has issued a year-end warning to the SEC, highlighting key legal boundaries on crypto assets and cautioning against regulatory overreach in 2025. Year-End Message: Ripple’s Legal Chief Warns SEC Against Repeating Missteps in 2025 Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Dec. 31 to highlight key … Read more