The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year.
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Category: Regulation News
Worldcoin integrates with Shopify, Mercado Libre, Minecraft, Reddit and Telegram
Worldcoin released a new version of its World ID feature with multiple app integrations.
Dubai regulator grants crypto license to Bahrain’s CoinMENA
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams.
3AC co-founder Su Zhu set to be released by year-end after court grilling: Report
Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon.
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report
The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.
SEC wants Binance guilt admission added to own case
Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former […]
German asset manager DWS joins Galaxy to issue euro stablecoin
AllUnity, a new joint venture by DWS, Galaxy and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, […]
ECB assesses environmental footprint of cash, sees room for improvement
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own.
IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Democratic presidential candidate blasts Biden and Trump on crypto: ‘Not the right people to lead’
Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson.