From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free.
Category: Regulation News
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful’s co-founders in Delaware courts may have led to the crypto marketplace’s sudden closure.
FTX philanthropic donations have created a complex dilemma for recipients
University-affiliated research initiatives received more than $13 million in grants from the FTX Future Fund, with several students getting $100,000 in grants.
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
US state regulators announce $10M settlement with Robinhood ‘for failing investors’
The investigation looked into complaints of Robinhood’s system outages that caused users to miss out on trades while many of its services were unavailable.
Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report
The firms were cited anonymously in the CFTC’s complaint describing Binance’s alleged facilitation of U.S. clients.
North Korea and criminals are using DeFi services for money laundering — US Treasury
Despite the warnings on DeFi, Treasury noted that “most money laundering, terrorist financing, and proliferation financing” occurred using fiat or outside the crypto ecosystem.
Coinbase supports new court action to remove Tornado Cash ban
The motion is part of a broader effort to restore internet privacy rights for United States citizens.
Islam and crypto: How digital assets can comply with Islamic financial law
A look at cryptocurrency’s role in the world of Islamic banking and finance.
Chinese state insurance firm launches two crypto funds in Hong Kong: Report
The Chinese government-backed CPIC Investment Management is launching two crypto funds related to blockchain investment and staking.