Electronic devices were seized from former Kraken CEO Jesse Powell’s Los Angeles home in connection to a non-crypto-related investigation into alleged hacking and cyberstalking.
Category: Regulation News
Elon Musk calls for AI regulatory oversight: Report
In a keynote address at a Chinese government-backed AI conference, Musk noted that governments should be concerned about deep intelligence.
Bittrex may still face enforcement action in Florida amid bankruptcy
A filing in bankruptcy court from Florida’s Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex.
Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel
The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%.
UAE emerges as a pro-Bitcoin mining destination in the Middle East
The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.
OPNX launches ‘oUSD’ credit currency for crypto margin trading
The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court.
Twitter receives money transmitter licenses in three US states
Michigan, Missouri and New Hampshire have granted money transmitter licenses to Twitter Payments LLC, leaving 47 U.S. states yet to weigh in.
IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them
Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about […]
Nasdaq refiles Valkyrie’s spot Bitcoin ETF application, includes Coinbase as surveillance partner
The filing followed similar applications from asset managers BlackRock and Fidelity in the last 7 days to include information on surveillance-sharing agreements.