Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and […]
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Category: Ethereum News
US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance.
New York judge nods $12.7B settlement between FTX, Alameda and CFTC
United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid […]
Crypto coalition calls for ‘clear rules of the road’ from Biden, Harris
Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport.
Judge finds Ripple Labs liable for $125M penalty in SEC case
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security […]
DOJ recommends harsher sentences AI-enhanced crimes
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
Gov. Tim Walz accepted — and returned — $4K donation from FTX exec
Nishad Singh and Sam Bankman-Fried contributed to the campaigns of two Minnesota policymakers mere days before FTX’s collapse in 2022.
EU watchdog sues Elon Musk’s X over alleged AI data violations
As recently as July 25, the DPC seemed to believe the matter would be resolved without court actions.
UK’s FCA provides more guidance on crypto promotion compliance
The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.