Judge orders CFTC to serve Ooki DAO founders with lawsuit
The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.” Go to Source Powered by WPeMatico
United States
Auto Added by WPeMatico
NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report
During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto market turned bearish. Go to Source Powered by WPeMatico
US DOJ split over charging Binance in the 2018 AML investigation: Report
Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nations barring the U.S. Go to Source Powered by WPeMatico
Gensler’s approach toward crypto appears skewed as criticisms mount
While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise. Go to Source Powered by WPeMatico
Florida best-prepared US state for widespread crypto adoption: Research
While US the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption. Go to Source Powered by WPeMatico
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation. Go to Source Powered by WPeMatico
FTX reportedly gets 3 more months to stop all operations in Japan
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors. Go to Source Powered by WPeMatico
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. Go to Source Powered by WPeMatico
Crypto is ‘most mature’ in these 2 countries, new Huobi report reveals
The United States and Vietnam score the best on “crypto maturity” in 2022, a new report determines. Go to Source Powered by WPeMatico
US regulator to seek feedback on DeFi’s impact on financial crime
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks. Go to Source Powered by WPeMatico