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Do Kwon’s Detention in Montenegro Extended
Terraform Labs co founder Do Kwon will stay in detention while he faces charges of falsifying official documents in Montenegro This comes after a request for bail was approved and later revoked Austin Campbell Columbia Business School Adjunct Professor and former Paxos Head of Portfolio Management discusses his take on the latest developments around the [...]
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CoinDesk - Unknown
Gov. Ron DeSantis Announces Presidential Bid, Talks About Crypto
Florida Governor Ron DeSantis, the latest contender for the leadership of the Republican Party, said during a Twitter space that "bitcoin represents a threat to [the current regime]." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on DeSantis' attitudes toward crypto and CBDCs.
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CoinDesk - Unknown
Prometheum Founder on FINRA Approval, State of Crypto Regulation
The Financial Industry Regulatory Authority FINRA an industry funded oversight arm created by the SEC announced last week that it has given a broker dealer approval to Prometheum Ember Capital LLC for digital assets securities Prometheum founder and co CEO Aaron Kaplan discusses the process of getting the approval and what it means for the [...]
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CoinDesk - Unknown
Gemini Says Genesis Parent Company DCG Missed $630 Million Payment
Gemini said in an update on its website that Digital Currency Group DCG missed a 630 million payment owed to Genesis last week Gemini says it is working with Genesis DCG and creditors to provide forbearance to DCG in order to avoid a default Both Genesis and Coin Desk are owned by DCG Coin Desk [...]
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CoinDesk - Unknown
Legal Expert Dissects Florida Gov. DeSantis' Campaign Against CBDCs
Florida Governor Ron De Santis signed a bill last week to prohibit the use of central bank digital currencies CBDC in the state Carla Reyes assistant professor at Southern Methodist University’s Dedman School of Law who has done work in both digital assets law and the Uniform Commercial Code UCC that Florida is focused on [...]
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CoinDesk - Unknown
Filecoin Price Rebounds After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting
The U S Securities and Exchange Commission SEC asked Grayscale to withdraw its application to make its Filecoin FIL Trust product more like a public company the asset manager revealed on Wednesday Coin Desk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the details Grayscale is a subsidiary of Digital Currency Group Coin [...]
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New Order Deals Blow to SEC in Longstanding Procedural Fight Against Ripple
A federal judge ruled that the U S Securities and Exchange Commission cannot seal documents tied to former official William Hinman's 2018 speech on crypto and securities to Ripple in the regulator's ongoing lawsuit against the company closely associated with the XRP cryptocurrency Coin Desk Global Policy and Regulation Coin Desk Managing Editor Nikhilesh De [...]
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CoinDesk - Unknown
EU’s MiCA Inches Toward Law With Finance Ministers’ Sign-Off
Landmark new crypto rules were signed off on Tuesday by finance ministers of the European Union EU The EU s Council which represents 27 member states unanimously approved the Markets in Crypto Assets regulation Mi CA making the bloc set to be the first major jurisdiction in the world with a crypto licensing regime Clifford [...]
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DOJ's Crypto Enforcement Director Vows Crackdown on Illicit Behavior on Exchanges: FT
Eun Young Choi, head of crypto enforcement at the Department of Justice (DOJ), has promised a crackdown on illicit behavior on trading platforms, according to the Financial Times. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the agency's approach to crypto regulation in the U.S.
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CoinDesk - Unknown
Rep. McHenry Grills SEC on Crypto in New Letter
House Financial Services Committee chairman Rep Patrick Mc Henry R N C accused the SEC of stonewalling questions on digital assets and threatened another hearing Meanwhile Terraform Labs founder Do Kwon is set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues a court notice from Friday [...]
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