Following the lending firm's bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations
Decentral Block Post
Basel Committee to consider disclosure requirements for banks’ crypto assets
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
Taiwan aims for crypto law by November: Report
Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023.
CoinShares’ crypto venture Komainu wins crypto registration in UK
Komainu is increasing its presence in the U.K. after making an agreement with authorities to store crypto seized during local investigations in 2021.
3AC fugitives in disarray as OPNX faces new peril: Asia Express
3AC co-founder Su Zhu was arrested in Singapore, leaving several disgraced blockchain executives’ entrepreneurial ventures in disarray.
UNESCO and Netherlands design AI supervision project for the EU
The United Nations’ UNESCO and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area.
Retail stablecoin trading in Hong Kong not allowed yet, official says
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.
UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government.
European regulator publishes second consultation on MiCA
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024.
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
The umbrella organization for Canada's securities regulators has set out conditions for the trading and issuance of stablecoins.
EMAX investors given third and final chance at celeb promo suit
The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it.
SBF was ‘very resistant’ to investors on FTX board: Paradigm co-founder
Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX.
Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe
Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.
FTX deposits went to account controlled by Alameda for months, Yedidia testifies
Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books.
'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial
According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison.
College roommate talked to Sam Bankman-Fried about FTX's $8B hole on a paddle tennis court: Trial
Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange's use of funds, claiming "Alameda had used customer deposits to pay its loans".
Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator
American artist Matt Kane codes a lunar calendar onto the blockchain, inspired by cavemen during prehistoric times.
Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property that is subject to forfeiture due to charges brought against SBF.
CBDC will improve tax collection — Argentine central bank director
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy.
12 people will decide the fate of former FTX CEO Sam Bankman-Fried
45 prospective jurors were narrowed down to 12 after they were asked to discuss their background, employment, education, partners, children and their age.