The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more […]
Category: Ethereum News
Genesis sues Roger Ver for $20M over unsettled crypto options trades
Roger Ver, commonly known as “Bitcoin Jesus,” has 20 days to answer the summons from Genesis unit GGC International before being required to pay by […]
Court to hear oral arguments in Grayscale’s lawsuit against SEC in March
Grayscale previously anticipated being able to voice their arguments in the second quarter of the year, calling the recent motion “welcome news.”
Arizona lawmakers seek to make crypto a tax-exempt property
Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure.
New ‘Celsius token’ may be used to repay creditors: report
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company.
UK gov’t is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
EU lawmakers vote for more restrictive capital requirements on banks holding crypto
Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament […]
Amid crypto winter, central banks rethink in-house digital currencies
In recent months, four countries that had previously initiated major CBDC pilot programs have scrapped their adoption plans altogether.
Japan’s FSA expects to allow certain stablecoins by June 2023
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA […]
Genesis creditors file securities lawsuit against Barry Silbert and DCG
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit.