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Laotian CBDC proof of concept project to launch using system pioneered in Cambodia

The Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement.

US Attorney requests SEC and CFTC civil cases against SBF wait until after criminal trial

Lawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case.

ConsenSys releases statement of support for continuation of the Jarrett tax case

The court dismissed the Jarretts’ case over the taxation of staking rewards after the IRS issued the refund the couple sought; not good enough, they said.

Judge denies motion allowing SBF to use messaging apps

The judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing.

Crypto exchanges tackle insider trading after recent convictions

The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities.

Dubai releases crypto regulations for virtual asset services providers

The laws apply to market participants within the emirate of Dubai, with the exception of those under the Dubai International Financial Centre.

Layer1 CEO alleges co-founder is using majority power to 'ransack' company

The plaintiffs claim the Dolic and Ebel began to conduct unauthorized business activities when the corporate governance of its parent company, Enigma, collapsed.

Former Coinbase manager slams SEC in motion to dismiss insider trading case

The attorneys for Ishan and Nikhil Wahi wanting the case thrown out arguing the SEC was “wrong” when charging the pair.

UK's digital pound would modernize payments but won't replace cash: Minister

Finance minister Jeremy Hunt says the digital pound, or "Britcoin" would be issued and backed by the Bank of England, but won't negate the use of cash.

Sam Bankman-Fried lawyers reach agreement on use of messaging apps

The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest.

Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6

While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.

Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says

Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association.

FTX CEO testifies on 'pure hell' post-bankruptcy days at exchange

John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange's funds, insurance, and personnel.

Hong Kong securities regulator adds crypto personnel for industry supervision

Regulators in Hong Kong plan for the addition of personnel in order to “better supervise” activities of local virtual asset providers.

Interpol wants to police Metaverse crimes, reveals secretary general

According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “We need to sufficiently respond to that.”

South Korean regulator provides guidance on security tokens

Digital assets that fit the descriptions for security tokens will be regulated under the country's Capital Markets Act.

Binance Tax launched to prepare crypto users for the tax season

The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season.

What is the global financial crisis and its impact on the global economy

The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks.

Google invests $300M in AI firm previously funded by Sam Bankman-Fried

Members of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors.

New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers

These cybercriminals reach out to romance-seekers from dating apps like Tinder before convincing them to invest in their fraudulent cryptocurrency investment schemes.