SEC Moves Forward Despite Clarity Act Stalling, Says Bitfinex
The SEC is pressing forward with regulatory initiatives even as the Clarity Act faces delays, according to a tweet from…
Category: Legal
Hong Kong jails former banker over $1.6B false credit, cryptocurrency bribes: Report
A former bank official in Hong Kong who falsely authenticated letters of credit for more than $1.6 billion was sentenced…
Clarity Act, we hardly knew ye: We look at what was in the bill and what’s replacing it
OK, the Clarity Act is dead (at least for now). Most crypto enthusiasts had a sense that this was a…
Democrats Scrutinize Trump Family Business Deals and Federal Spending
Democratic lawmakers questioned witnesses about Trump family business interests and federal spending, focusing on allegations that the president’s relatives stood…
Fitch: Diverging Sharia Views Are Shaping Crypto Rules Across Islamic Markets
Cryptocurrency is treated very differently across major Islamic-finance markets. According to Fitch Ratings, differences in regulation and Sharia interpretations have…
President Trump or Coinbase’s Armstrong — Who’s really responsible for CLARITY Act failure?
Coinbase CEO Brian Armstrong has distanced himself from claims by the Wall Street Journal (WSJ) that he was responsible for…
Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits
Brazil’s central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct.…
Argentina Joins Global Crypto Data-Sharing Network, Starts in 2029
Argentina is set to bring its crypto market under a global tax-reporting system by 2029. The country has joined the…
How the Clarity Act’s Defeat Handed the SEC and CFTC the Wheel on Crypto
In brief The Senate failed to advance the Clarity Act in a 49-50 vote, with Democrats voting as a bloc…
Hong Kong Bank Manager Jailed Four Years for $470K USDT Bribery Scheme
A former China Construction Bank (Asia) relationship manager was sentenced to four years in prison for accepting more than US$470,000…