Brazil recommends indictments against Changpeng Zhao, local Binance executives
Changpeng Zhao, Daniel Mangabeira, Guilherme Haddad Nazar, and Thiago Carvalho allegedly operated Binance in Brazil without the necessary licenses.
Articles By Jordan Atkins:
50 state regulators tell court to throw the book at Coinbase
The regulators have filed an amicus brief supporting the U.S. securities regulator’s case against Coinbase, accusing it of attempting to "narrow and misapply" established legal framework to avoid regulatory obligations."
Ripple CFO jumps ship months before SEC trial
As Ripple prepares to head to trial against the U.S. securities regulator, another of its executives, Kristina Campbell, decides to exit the firm following a whirlwind of intense regulatory scrutiny.
EU securities regulator proposes rules on white papers, trade transparency and record keeping
It is expected that a final implementation of MiCA will emerge as ESMA has shared its plans to submit a final paper with the draft technical standards and implementations by June 30, 2024.
New UK rules on digital asset promotions come into force this week
Under the new rules that came into force on October 8, it is a criminal offense for unlicensed digital asset firms to market digital asset products to anyone in the United Kingdom.
US watchdog mulls applying consumer protection provisions to digital assets
The Consumer Financial Protection Bureau, a government agency responsible for consumer protection in the financial sector, looks to apply the protection mechanisms of the Electronic Fund Transfer Act to digital assets.
Craig Wright appoints leading law firm as new UK counsel
Dr. Craig Wright has appointed market leading tech law firm Shoosmiths to take over all of his U.K. cases as he gears up for a packed legal calendar, signalling one, single-minded focus: victory in January’s joint identity trial.
SEC urges court to deny Coinbase summary judgment
The Securities and Exchange Commission argued that assets listed on Coinbase exchange clearly amount to securities under U.S. law.
Do Kwon says no to SEC deposition since he’s already in Montenegro jail
Do Kwon's lawyers claim that their client agreed to submit to the deposition, which was requested by the SEC to take place in October, if it would happen in Montenegro, where he is currently jailed.
Financial Services Committee approves bill prohibiting CBDC in US
The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the House of Representatives.
House of Lords passes bill to empower authorities to seize digital assets
The new legislation amends several acts to, among other things, insert digital asset-related definitions and mechanisms to extend existing powers to the digital asset context.
SEC v Binance battle over disclosures relating to Binance.US customer assets
In a recent filing, the U.S. securities regulator accused Binance.US—including BAM Trading and BAM Management US Holdings—of refusing to provide disclosures mandated by the court concerning its customer assets.