SEC faces unusual dilemma as court confirms Grayscale order
The SEC's deadline to appeal passed last week with no action from the commission, triggering a seven-day window for the court to issue the formal mandate confirming its decision.
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Newly filed amicus brief defends Binance despite terror links
The Chamber of Digital Commerce calls for the dismissal of the SEC's case against Binance and Changpeng Zhao, claiming that the regulator does not have jurisdiction to oversee digital assets.
SEC wins default judgment against Thor Technologies, founder David Chin
The SEC scoring a win on its default judgment meant that Thor and David Chin are restrained from participating in any digital asset securities offering atop the hefty penalties they must settle.
US Treasury cracks down on coin mixing
The move was announced by the Financial Crimes Enforcement Network, identifying coin mixing operations as “a class of transactions of primary money laundering concern.”
ECB prepares to pick providers as digital euro enters next phase
The preparation phase of the digital euro will formally kick off on November 1 and is projected to last for two years—with a keen focus on finalizing the 'digital euro rulebook.'
SEC v Ripple: Regulator drops charges vs founders but case will proceed
The next step in the SEC v Ripple case is to see what Ripple ends up paying for its sales of XRP and if the SEC decides to appeal the earlier ruling.
Federal Reserve governor airs doubts over CBDC benefits
Federal Reserve Governor Michelle Bowman has doubts about CBDCs, stating that “the potential uses of a U.S. CBDC remain unclear and, at the same time, could introduce significant risks and tradeoffs.”
SEC reportedly probing Genesis’ links to the Terra fraud
The digital asset lender has five days from the date of the order to comply by handing over the Securities and Exchange Commission’s requested documents, creating a deadline of October 18.
SEC will not appeal Grayscale ruling
The U.S. Securities and Exchange Commission has elected not to appeal a court decision ordering it to reconsider its denial of Grayscale's ETP application, as it allowed the deadline for the move to pass.
Court rejects COPA’s ‘disingenuous’ document requests for Satoshi identity trial
Dr. Craig Wright squared off in court against the Crypto Open Patent Alliance in September over a number of applications made by both sides, ending with a ruling which saw the court slap down COPA’s most significant requests.
Voyager founder Stephen Ehrlich hit with fresh charges
Voyager co-founder Stephen Ehrlich remains in hot waters following the charges filed by the CFTC and the FTC over false claims and failure to register with the Trading Commission.
US senators urge IRS, Treasury to implement digital asset tax rules
A letter from U.S. lawmakers called out the Treasury Department and the IRS for their delay in enforcing digital asset tax requirements, stressing that the setback leads to a massive loss in revenue.