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FTX has recovered $7.3B in assets, will consider rebooting exchange in Q2 2023

Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings.

Swiss court gives green light for FTX to sell its European arm

The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11.

Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH’: Hall of Flame

He’s best known as the “pro-XRP lawyer,” but John Deaton was actually “10 times more into Bitcoin and four times more into Ethereum.”

Binance CEO CZ: Regulators need deep understanding crypto for proper rules

Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity.

Spanish tax agency to send over 328K notices to crypto holders

According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year.

Argentina securities regulator approves Bitcoin futures index

The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May.

France’s metaverse consultation seeks input on alternative to tech ‘giants’

The government is asking about metaverse user experiences and concerns along with potential obstacles that local firms may face entering the virtual realm.

Hong Kong virtual bank to offer crypto conversions and accounts: Report

The account services for crypto firms come at a time when U.S.-based firms are struggling to find local banking partners and are frequently looking abroad.

Push to ban ransomware payments following Australia's biggest cyber attack

The attack on Latitude Financial is Australia’s biggest cyber attack with driver's license numbers, passports and financial documents among the stolen information.

US needs to regulate stablecoins to keep a strong dollar: Stellar CEO

The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed.

Coinbase wins $470K restitution in insider trading case

The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.

Circle and BlockFi questioned on banking with SVB by Warren and AOC

Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment to its largest depositors.

The feds must rein in crypto-financed terrorism

Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions.

Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed

“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill.

French central bank looks at certification, incorporation as part of DeFi regulation

The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions.

US share of global crypto developers fell 26% in 5 years — a16z

In 2018, nearly 40% of all crypto developers were based in the United States, whereas in 2022, this figure had fallen to less than 30%.

IMF reiterates call for crypto regulation after the ecosystem's 'rough year'

According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai.

ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder

Polygon Miden founder Bobbin Threadbare reveals exclusive details about Polygon’s most innovative ZK-rollup yet.

US SEC seeks to expand its Crypto Assets and Cyber Unit

A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division.

Bitcoin mining firm Bitmain reportedly fined for tax violations in China

Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection.

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