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US Senator Ted Cruz tries again with new bill to block CBDC

Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.

OneCoin head of compliance facing 40 year sentence after US extradition

The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws.

‘Crypto FUD’ — Industry outraged as White House report slams crypto

The report included 35 pages seemingly aimed at debunking the merits of crypto assets.

'Operation Choke Point 2.0' may have contributed to SVB collapse: Mulvaney

While the existence of "Operation Choke Point 2.0" has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.

Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”

Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself

The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.

Texas lawmaker introduces resolution to protect Bitcoin miners and HODLers

The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.

CryptoUK calls on regulators to address de-banking of digital asset firms

The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”

IRS calls for public feedback on taxing NFTs as collectibles

Those wishing to offer feedback to the IRS on having NFTs treated as collectibles, such as coins or works of art, have until June 19 to submit comments.

Congressional privacy proposals could kill scores of blockchain projects

Lawmakers may be on the brink of scaring blockchain projects into moving offshore or causing them to shut down altogether.

Best and worst countries for crypto taxes — plus crypto tax tips

So you’ve struck it rich in crypto? You’ll want to head to one of these countries to keep your newfound wealth.

SVB contagion: Australia reportedly asks banks to report on crypto

Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates.

Coinbase submits petition to explain to SEC that staking is not securities

The company continues its fight against the recent Commission position on crypto staking.

US exploring ways to guarantee the country's 18T of bank deposits: Report

The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.

Crypto.com customer accused of $10M spending spree granted bail

The Judge explained that prison time wasn’t necessary because Singh couldn’t flee without his Indian passport or being able to apply for a new one.

IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

Belgian FSMA surveys crypto investors before taking on new ad regulation authority

Crypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval.

Florida gov and US presidential hopeful calls for CBDC ban

"What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a 'Big Brother’s Digital Dollar' podium.

FTX debtors file lawsuit against exchange's Bahamian arm on ownership of property

The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers".

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