Worldcoin released a new version of its World ID feature with multiple app integrations.
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Dubai regulator grants crypto license to Bahrain’s CoinMENA
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams.
3AC co-founder Su Zhu set to be released by year-end after court grilling: Report
Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon.
SEC wants Binance guilt admission added to own case
Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former CEO Changpeng Zhao.
German asset manager DWS joins Galaxy to issue euro stablecoin
AllUnity, a new joint venture by DWS, Galaxy, and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, as well as DeFi use cases.
ECB assesses environmental footprint of cash, sees room for improvement
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own.
IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Two individuals indicted for $25M AI crypto trading scam: DOJ
Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures.
Terra co-founder Do Kwon will stay in Montenegro until February: Report
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after serving a prison sentence in Montenegro for using falsified travel documents.
Democratic presidential candidate blasts Biden and Trump on crypto: ‘Not the right people to lead’
Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson.
KuCoin agrees to ban New York residents and pay $22 million in settlement
KuCoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days.
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI Eye: 98% of deepfakes are porn — mostly K-pop stars — Grok is no edgelord, and Fetch.AI boss says OpenAI needs to “drastically change.”
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report
The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.
AI guidance for judges in England and Wales warns against risks
Senior judges in the U.K. have published AI guidelines for the judiciary to follow, which advise how to use AI and warn of the potential risks of using the technology in trials.
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.
Don’t panic: Only 11 of Elizabeth Warren’s 330 bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.
More US senators back Elizabeth Warren’s AML bill targeting crypto
The legislation, reintroduced in July, already has the support of several U.S. lawmakers, but critics have suggested it could threaten financial freedom and privacy.
CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
The Argentine president, inaugurated on Dec. 10, has promised to disband the country’s central bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation.
UK FCA crypto skills gap is causing slow enforcement
The National Audit Office said it took nearly three years for the U.K. Financial Conduct Authority to address illicit activity in crypto ATMs nationwide.