Regulation Archives - Page 52 of 63

A graph showing sharp declines in digital asset investments, reflecting the largest outflows since March.

Digital Asset Products Face Largest Outflows Since March, Reaching $726 Million

September 9, 2024 Dan K

Digital assets see $726M in outflows, the largest since March. Bitcoin and Ethereum lead losses, while Solana shines with $6.2M inflows amid market volatility.

Elon Musk denies claims of Tesla paying xAI for AI technology sharing in an online post.

Elon Musk Denies Tesla Will Pay xAI for AI Partnership

September 8, 2024 Dan K

Elon Musk denies Tesla will pay xAI for AI tech, stating no licensing or revenue-sharing deal exists between the companies, despite recent reports.

A courthouse with Kalshi and CFTC logos, representing the ongoing legal battle over election contracts.

CFTC Urges Judge to Block Kalshi Election Contracts for 14 Days Amid Court Defeat

September 7, 2024 Dan K

The CFTC urges a judge to block Kalshi election contracts for 14 days as it reviews its legal options following a court ruling in Kalshi’s favor.

Ryan Salame faces prosecutors’ rebuttal over claims of a breached plea deal in his ongoing legal battle.

US Prosecutors Deny Breach of Plea Deal with FTX’s Ryan Salame Amid New Allegations

September 6, 2024 Dan K

U.S. prosecutors deny breaking a plea deal with Ryan Salame, former FTX executive, amid accusations of misconduct and ongoing legal battles.

Blockchain

Coinbase Shareholder Lawsuit Against Exchange to Proceed Amid Regulatory Scrutiny

September 6, 2024 Dan K

A judge ruled that Coinbase shareholders can proceed with a lawsuit, claiming the exchange misled investors about the risks of an SEC crackdown.

Image of Japan’s three megabanks: MUFG, SMBC, and Mizuho launching Project Pax for cross-border stablecoin transfers

Japan’s Three Megabanks to Pilot Cross-Border Stablecoin Transfers for Faster Settlements

September 6, 2024 Dan K

Japan’s three megabanks—MUFG, SMBC, and Mizuho—launch a stablecoin pilot project to enhance cross-border payments with blockchain and SWIFT integration.

Vivek Ramaswamy Calls Current Crypto Regulation ‘Anti-American at its Core’

September 5, 2024 Dan K

Vivek Ramaswamy criticizes the current approach to crypto regulation as “anti-American at its core,” calling for clearer rules and less enforcement ambiguity.

A visual representation of cryptocurrency with India’s flag in the background symbolizing the country’s evolving crypto regulations.

India’s FIU Considers Approving Two More Foreign Crypto Exchanges by 2025

September 5, 2024 Dan K

India’s FIU may approve two foreign crypto exchanges by March 2025, following Binance and KuCoin’s lead in complying with India’s AML regulations.

Katsunobu Kato speaking at WebX 2025 in Tokyo supporting crypto adoption

Japan Considers Lowering Crypto Tax Rate to Unified 20%

September 4, 2024 Dan K

Japan may reduce its crypto tax rate from 55% to 20%, aligning it with traditional financial assets under a new proposal by the Financial Services Agency.

An image depicting the logos of the SEC and FTX with a background of cryptocurrency icons.

SEC Warns it May Challenge FTX’s Stablecoin-Denominated Repayments Plan

September 2, 2024 Dan K

The SEC may challenge FTX’s plan to repay creditors with stablecoins, raising potential legal hurdles for the cryptocurrency exchange’s bankruptcy proceedings.