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BlockFi asks court for permission to convert trade-only assets into stablecoins

The bankrupt crypto lender’s request marks another step toward the return of users’ funds, which the company began in August.

South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion.

Stronghold requests permission to burn tires for crypto mining in Pennsylvania

Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state.

Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run

HashKey became the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region.

EOS secures regulatory approval in Japan, will trade against yen

The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September.

British MPs call on government to scrap AI exemptions that hurt artists

A bipartisan committee of British MPs said Rishi Sunak’s government must prioritize the rights of musicians and creators over AI developers.

SEC's first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.

Tether adds Bahamas-based private bank Britannia as partner: Report

Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.

Crypto community jubilant over Grayscale decision, but uncertainty remains

The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped.

6 Questions for Leila Ismailova

Leila Ismailova left Belarus — and an epic TV career — behind when she moved to America. Today, she’s at the forefront of digital fashion.

One less crypto-friendly candidate — Miami mayor ends US presidential run

Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024.

Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?

The SEC may have a limited window to appeal the court decision, while Grayscale could forward forward with an amended application for its spot Bitcoin exchange-traded fund.

Sealing docs in Binance case could suggest a criminal probe, says former SEC official

According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret.

Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump

Indian crypto exchanges like CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS.

Binance excludes Banco de Venezuela from P2P payments

Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009.

DCG agrees deal with Genesis that would see recoveries of up to 90%

The estimated USD equivalent recoveries could account for 70% to 90% for Genesis creditors, should the amended plan be carried out.

New tax rules for crypto in the US: Law Decoded

The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers.

US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.

Sam Bankman-Fried's lawyers appeal decision on bail, citing First Amendment issues

Lawyers questioned a judge's decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was "protected First Amendment activity".

SEC charges podcaster in first unregistered securities sales claim against NFT offering

Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs.

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