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Bybit will suspend services in UK following financial regulator's 'final warning'

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to "regulatory changes".

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.

EU Parliament research recommends non-EU nations tighten crypto regulation

Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.

Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit

Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed.

JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express

JPEX staff forced to flee Token2049 after execs arrested, Mt Gox repayment delay stretches 10 years, Diners Club goes Web3 in Singapore.

Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses

Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.

Judges deny Sam Bankman-Fried's appeal for early release

Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail.

UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance

The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.

Binance plans to delist stablecoins in Europe citing MiCA compliance

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.

Binance plans to delist stablecoins in Europe citing MiCA compliance

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.

NFT Collector: William Mapan explains generative art using a crayon and dice

What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die.

Redefining Money: America’s digital currency dilemma

As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?

eToro secures crypto registration in Cyprus to expand in EU

According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region.

US Anti-CBDC bill moves a step closer to passing

The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee.

Australian regulator sues crypto exchange over margin trading product

The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers.

International financial group finds gaps in digital euro legislative package

The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.

US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’

Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics as the bill passed out of committee.

Signal hints at leaving UK market following passage of online safety bill

Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services.

‘AI has killed the industry’: EasyTranslate boss on adapting to change

If you’re not transforming your business to take advantage of AI now, you’ll be left behind, says Easy Translate boss Frederik Pedersen.

Binance CEO refutes report on $250M loan to BAM Management

Changpeng Zhao said that the loan was the other way around, claiming that he was the one who lent $250 million to BAM Management.

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