Decentral Block Post

Future regulation is intended to ensure uniform regulation for all European countries and covered participants.

Banking giant JPMorgan has won the bid to take over all the assets of the troubled First Republic Bank after efforts to revive it failed.

The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token.

The CIO of JPMorgan Asset Management said it’d be “naive to say that this is just limited to First Republic.”

FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.

Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021.

Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more.

Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand.

Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.

This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase.

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned.

While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around.

The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials.

Although no official date is mentioned for the launch of Binance Japan, the notice stated that the exchange could start after June.

While anonymity still stands as the core issue of European CBDC, the inevitable competition with private banks also raises questions.

Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.

Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and "meme stocks."

The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.

The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."

It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who worked closely with Sam Bankman-Fried.