Decentral Block Post

Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform's terms of use left assets in their control.

Roger Ver, commonly known as “Bitcoin Jesus,” has 20 days to answer the summons from Genesis unit GGC International before being required to pay by default.

Grayscale previously anticipated being able to voice their arguments in the second quarter of the year, calling the recent motion “welcome news.”

Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure.

It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company.

The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.

Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures.

In recent months, four countries that had previously initiated major CBDC pilot programs have scrapped their adoption plans altogether.

Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit.

The policymakers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.

SEC Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.

The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24.

Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.

The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols.

According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings.

“A VCE's customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship," said the NYDFS.

The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov.

There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said.