Exchanges
Gemini eyes UK as ‘second headquarters’
Gemini co-founder Cameron Winklevoss cited recent regulatory uncertainty in the U.S as one of the reasons it may expand.
Oluwapelumi Adejumo 2 min read
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Regulation
Coinbase asks for mandamus against SEC, continues to demand rulemaking
Coinbase has once again demanded an SEC response, this time within seven days.
Bankruptcy
FTX token jumps 12% after news of possible restart emerges
FTX CEO John Ray spent roughly seven hours on activities related to the exchange restart in April, for which he billed over $8,000.
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Macro
Treasury Secretary Yellen repeats warning of US debt default
Secretary of the Treasury Janet Yellen said that her agency could be unable to pay the bills of the U.S government by early June.
Bankruptcy
Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment
Gemini said it was ready to work with Genesis to advance a restructuring plan without DCG's participation.
Wallets
MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users
ConsenSys said that it only collects sales taxes certain other paid services.
Politics
Biden opposes agreement that could protect “tax cheats and crypto traders”
The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
Crime
DOJ charges Nevada man involved in $45M CoinDeal crypto scheme
Bryan Lee worked closely with founder Neil Chandran to misappropriate funds.
Legal
Paradigm argues against New York’s attorney general classification of Ethereum as securities
Crypto investment firm Paradigm argued that Ethereum tokens cannot be classified as securities because they are "just software."
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Regulation
US lawmaker introduces bill to clarify digital assets classification
Regulation
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Regulation
Coin Cafe surrenders $4.3M to New York AG over exorbitant fee structure
Regulation
