Legal
Court rules Custodia Bank not entitled to Federal Reserve master account
A summary judgment favored the Fed's Board of Governors and Kansas City bank.
Mike Dalton 3 min read
Regulation News
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CFTC’s Caroline Pham says KuCoin charges may infringe on SEC authority
Pham distinguished ownership of fund shares and derivatives trading.
Exchanges
Binance-backed HKVAEX shuts down, gives users 30 days to withdraw amid Hong Kong regulatory tightening
Hong Kong's SFC has increased its scrutiny of crypto-trading platforms within its jurisdiction.
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AI
US federal agencies ordered to name AI officers, meet other requirements
Those agencies must also improve transparency and rights protections.
Regulation
US sanctions Palestinian media group Gaza Now, including its crypto wallets
The UK also issued an asset freeze in cooperation with the US.
Regulation
US lawmakers demand SEC clarity on Ethereum’s asset classification
The lawmakers said that this lack of clarity has "exacerbated" the uncertainty within the digital asset ecosystem and made it harder for companies to comply with regulation.
Regulation
Portugal imposes 3 month data collection ban on Worldcoin
The three-month ban closely resembles Spain's earlier decision.
Exchanges
KuCoin assures users funds are safe after US levies criminal charges
The indictment accuses KuCoin and its founders of bypassing the Bank Secrecy Act and operating an unlicensed money-transmitting business.
Legal
SEC reveals why Ripple should be fined for $2 billion
Ripple executives had previously criticized the SEC's proposed fine for being excessive.
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Legal
United States OFAC places new sanctions on crypto firms with ties to Russia
Exchanges
Binance ends Tron USDC support as it faces blockade in the Philippines
Regulation
Why anonymous crypto wallets are NOT being banned in the EU
Regulation
