Hong Kong Court Jails Two Mainland Chinese in $17.3M Money Laundering Scheme
Hong Kong court jails two mainland Chinese for laundering HK$17.3M in fraud proceeds.Police link 43 bank accounts to 34 fraud…
Category: Legal
xAI fails to block California AI transparency law requiring training data disclosure
Elon Musk’s artificial intelligence venture, xAI, has failed in its effort to prevent California’s AI transparency law from taking effect.…
Crypto Market Bill Eyes Late March Markup as Key Senate Roadblocks Begin to Clear
The crypto market bill could still be set for a late March markup despite the recent setbacks. This comes as…
Jack Mallers’ Strike secures New York crypto and money licenses
Payments company Strike received a virtual currency license and a money transmitter license (MTL) from the New York State Department…
Virtual Assets Act 2026: Pakistan Formalizes Its $300Bn Crypto Market
Story Highlights Pakistan’s parliament has passed a sweeping crypto law and trading without a license could land you in prison.…
Central Bank of Colombia Finalizes Digital Assets Law Draft
The bank drafted a proposal with a progressive view on the use of digital assets, recognizing them not as money…
U.S. CLARITY Act Delayed as Banks Oppose Stablecoin Rewards, ALL Eye On April 16
Story Highlights The U.S. CLARITY Act negotiations slowed after banks opposed a White House compromise on stablecoin rewards. Crypto companies…
Kalshi faces class action over $54M bet on Iran leader’s departure
Prediction market platform Kalshi faces a proposed class action from traders who say the exchange should have paid out bets…
NYSE hit with $9 million SEC penalty over 2023 market disruption
The New York Stock Exchange has agreed to pay a $9 million penalty to settle charges brought by the US…
Crypto Faces Uncertain Congressional Future as Key Senate Allies Head for the Exit
Nine US Senate incumbents have announced they will not seek reelection ahead of this year’s state primaries. Five are Republican…