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13 Jan 23

House Republicans to introduce a new crypto subcommittee

During a session of Congress, the Republicans in the House of Representatives revealed plans to establish a new subcommittee that will only focus on cryptocurrencies. According to the house’s priorities, they want to prioritize the regulation and supervision of the failing industry. During an interview on Jan. 13, the incoming chair of the Financial Services […]

13 Jan 23

FTX given the green light to sell four key business units

A Delaware bankruptcy Judge, John Dorsey, has allowed FTX to sell four business units. The sale includes LedgerX and three other business units as the company seeks to reimburse its creditors. In a ruling made on Jan. 13, the judge authorized FTX to solicit bids and sell the four separable sections of its business. These […]

12 Jan 23

Sam Bankman-Fried denies misusing customer funds

In the months leading up to his federal charges on m money laundering and misuse of customer funds, FTX co-founder Sam Bankman-Fried has repeatedly refuted US charges that he misused $8 billion in client funds. Sam Bankman-Fried refutes FBI accusations Sam Bankman-Fried, has claimed that Binance CEO Changpeng “CZ” Zhao orchestrated a months-long campaign to […]

Nexo writes open letter to Vaulds creditors presents final proposal

12 Jan 23

Crypto lender Nexo raided by law enforcement in Bulgaria

Crypto lender Nexo saw its offices in Bulgaria raided by police officers in what is reportedly part of an investigation into the cryptocurrency firm. Reports indicate that Bulgarian authorities are looking into Nexo for alleged tax evasion and money laundering crimes. 300 police officers storm Nexo office Police officers numbering 300, along with prosecutors and […]

12 Jan 23

UK trade groups launch crypto coalition

According to a statement issued by its five members group, the City of London has joined forces with some trade associations to create the UK Forum for Digital Currencies. This alliance will fight for better policies, practices, and regulations around digital currencies. The five-member alliance comprises the digital pound foundation, CityUK, UK finance, and the […]

11 Jan 23

Binance receives regulatory approval from Swedish FSA

After months of constructive engagements with Swedish financial authorities (FSA), Binance Nordics AB on Jan.11 announced that it had been granted registration, as a virtual currency trading and financial management platform. The latest registration status of the world’s largest crypto exchange now gives Swedish residents access to a wide range of crypto trading and web3 […]

Thailand approves relaxed tax rules for digital assets 1

11 Jan 23

Thai regulators want to know more about Zipmex accounts

Thailand’s Securities and Exchange Commission is looking into Zipmex’s local branch over its earn program due to suspicions that appear to include how the business represented the interest payments it made. According to the letter sent by Thai regulators and addressed to Zipmex’s Thailand unit boss Akalarp Yimwilai on Dec.28, there are questions being asked. […]

11 Jan 23

UK Lord demands crypto regulation as addition to financial bill

After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), which brings some aspects of cryptocurrency under financial regulation. Alan Smith, a member of the UK’s House of Lords and one […]

11 Jan 23

Albright Capital drops lawsuit against Terraform Labs and Do Kwon

Albright Capital has voluntarily dropped its lawsuit against Terraform Labs and Do Kwon. Zhu Su, the founder of Three Arrows Capital, posted a portion of the dismissal letter on Twitter. In his Twitter post, Zhu said: Curious how long it will take cryptonative media to report on this sudden voluntary dismissal of class action against […]

11 Jan 23

South Korean regulators launch a new investigation into crypto exchange Bithumb

South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into the exchange’s business practices. An individual suspected to be the company’s largest […]

House Republicans to introduce a new crypto subcommittee

FTX given the green light to sell four key business units

Sam Bankman-Fried denies misusing customer funds

Crypto lender Nexo raided by law enforcement in Bulgaria

UK trade groups launch crypto coalition

Binance receives regulatory approval from Swedish FSA

Thai regulators want to know more about Zipmex accounts

UK Lord demands crypto regulation as addition to financial bill

Albright Capital drops lawsuit against Terraform Labs and Do Kwon

South Korean regulators launch a new investigation into crypto exchange Bithumb

Crypto thriving in Turkey despite uncertain economic times

ConsenSys and MoonPay enable crypto purchases in Nigeria via MetaMask

Adam Cochran calls Balaji’s $1m bitcoin goal impossible

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