Ecosystem
New Regulations Impact Polymarket in Hungary and Portugal
Hungary and Portugal have moved to restrict access to the crypto prediction market Polymarket amid increasing regulatory scrutiny.
Crypto
South Korea’s Supreme Court Declares Exchange-held Bitcoin Seizable
The decision by South Korea's top court signifies a significant shift in the legal treatment of Bitcoin held in exchanges, now classified as seizable under criminal law.
Crypto
Delays Expected in US Crypto Market Structure Bill Until 2027
Concerns over midterm elections may hinder the passage of a significant cryptocurrency regulatory bill.
News
Samourai Co-founder Advocates for Trump Pardon Amid Legal Troubles
Keonne Rodriguez is calling for a pardon from President Trump, claiming his prosecution is politically motivated as he faces a five-year prison sentence.
Crypto
SEC Imposes Long-Term Bans on Former Executives of FTX and Alameda
The SEC has confirmed significant barring periods for Caroline Ellison, Gary Wang, and Nishad Singh from leading companies due to their involvement in FTX's misuse of funds.
News
Former Coinbase Attorney Launches Campaign for New York Attorney General Focused on Crypto Issues
Khurram Dara is set to challenge incumbent Letitia James for the role of New York State Attorney General, claiming overreach in her actions against the cryptocurrency sector.
Legal
CZ Considers Legal Action Against Senator Warren Over Money Laundering Allegations
Former Binance CEO Changpeng Zhao is contemplating a lawsuit against Senator Elizabeth Warren for remarks alleging his involvement in bribery related to a presidential pardon.
Blockchain
California's New Legislation on Abandoned Bitcoin: A Path to Recovery
A recent law in California aims to protect abandoned Bitcoin, allowing for potential recovery by owners. This new legislation reflects a growing understanding of cryptocurrency among legislators.
Crypto
Bitcoin Advocate Roger Ver Reaches Possible Settlement with US DOJ Regarding Tax Evasion
Roger Ver, known as 'Bitcoin Jesus', may evade prison time by reaching a tentative tax deal with US authorities.
Blockchain
Court Dismisses Investor Case Against Yuga Labs for NFT Status
A judge ruled that NFTs from Yuga Labs do not meet the legal definition of securities, leading to the dismissal of a lawsuit filed by investors.
Finance
New Law in the UAE Regulates DeFi and Web3 Investments
The UAE's latest financial regulation extends the responsibilities of its central bank over DeFi and Web3, marking a significant change in the industry landscape.
Crypto
New York Court Denies SEC and Ripple's Proposal for Settlement Over $50 Million Fine
A recent ruling from a New York judge has upheld the ongoing injunction against Ripple Labs, rejecting the SEC's request to modify the terms of their agreement.
Crypto
DOJ Will Continue its Case Against Roman Storm Despite Recent Memo
The Department of Justice confirms it will press on with its prosecution of Roman Storm, despite a recent memo suggesting a cautious approach to crypto-related cases.
Crypto
New Illinois Cryptocurrency Law Could Alter Retail Trading Landscape
Illinois has enacted a new cryptocurrency law that may change trading dynamics, raising concerns about potential regulatory overreach.
Legal
SEC and Binance Request Ongoing Case Pause Extension
The U.S. Securities and Exchange Commission and Binance have filed a request with a federal judge to extend the pause in their ongoing case, citing productive discussions surrounding the litigation.
Crypto
SEC Requests Extension for Coinbase Case, Citing Settlement Possibilities
The SEC filed for a deadline extension regarding its case against Coinbase, indicating the possibility of a resolution with the formation of a new crypto task force.
Crypto
Law Firm Claims Pump.Fun Tokens Misrepresent Its Identity
Burwick Law has filed a class action lawsuit against Pump.Fun, alleging the platform created tokens that falsely impersonate the firm.
Policy
California Court Rejects Kraken's Appeal Attempt Over SEC Case
A judge has dismissed Kraken's request for an interlocutory appeal in an SEC case regarding the classification of cryptocurrencies as securities.
Crypto
Nishad Singh's Legal Team Highlights His Cooperation in FTX Case
Prosecutors advocate for leniency in sentencing former FTX executive Nishad Singh, citing his significant assistance to investigations.
Finance
Ripple to Pursue Cross-Appeal Against SEC's Recent Appeal
Ripple Labs aims to safeguard its arguments in an SEC case as the latter filed an appeal recently.
