Analysis
Bankruptcy
Binance.US backs out of Voyager asset purchase deal
The embattled company said Binance.US informed it of the termination of the asset purchase agreement through a letter sent on April 25.
Regulation
CFTC official says anonymity in crypto is a national security risk
CFTC commissioner Christy Goldsmith Romero said crypto has become very "attractive" for illicit finance due to the "allure" of anonymity.
Legal
Judge approves alternate monitoring software on SBF parents’ phones
The court ordered SBF's defense in March to monitor his parents' phones to ensure that he was not doing anything that goes against the conditions of his bail.
CBDCs
China ramps up efforts to push CBDC adoption among public
Starting in May, government employees in the city of Changshu will receive their salaries in the digital yuan.
Regulation
Texas digital asset service provider bill passes House vote
If passed, the bill would mandate exchanges to hold customer funds in a reserve and regularly disclose these holdings to the Texas Banking Department.
DeFi
1inch launches protocols on zkSync Era
1inch users will be able to access the services on the new blockchain network starting April 20.
Legal
Dutch court to release Tornado Cash dev Alexey Pertsev under surveillance
Alexey Pertsev will be released on April 26 with an ankle monitor and will be able to attend his hearings from home.
Regulation
EU’s MiCA crypto regulatory framework passes final parliamentary voting
The new rules will start to come into force in 2024 and are expected to be fully implemented within the next two years.
Adoption
UAE mandates VASP licenses for crypto firms, begins accepting applications
Firms operating within Dubai's financial free zones are exempt from having to apply for a VASP license for now.
Crime
US judge rejects Do Kwon’s request to block SEC from accessing documents
The SEC recently requested the Monetary Authority of Singapore to provide documents related to Terraform Labs and Luna Foundation Guard.
Regulation
Fed board member says CBDC risks outweigh benefits
Governor Michelle Bowman said that policymakers need to ensure that a CBDC will complement the U.S. banking system and won't "cannibalize" it.
Exchanges
Kraken gets regulatory approval to operate in Ireland
Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules.