Latest from Jack Schickler
UK’s FCA Continues Crackdown on Unregistered Crypto ATMs
The regulator, along with local police, raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.
Supposed AI-Based Crypto Token Using Elon Musk's Image Targeted by Texas Securities Board
Five U.S. states are ordering TruthGPT Coin promoters to cease and desist using images of Elon Musk, Changpeng Zhao and Vitalik Buterin to promote what they describe as an investment scam.
Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State
N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
Lawmakers in the French National Assembly are seeking to effectively ban social media crypto promotions, but a key Senate committee appears to favor lighter restrictions.
3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
The action by the Virtual Assets Regulatory Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.
ECB Mulls Decentralized Settlement for Wholesale Financial Markets
Euro regulators are looking again at their centralized settlement systems as they explore central bank digital currencies.
Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says
The European Banking Authority's José Manuel Campa urged crypto players to start managing risks immediately as new rules take effect.
UK Charities Offered Guidance for Accepting Crypto Donations
Nonprofits need to weigh the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.
Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Creditors can expect to receive between 40% and 65% recoveries, ideally in crypto, attorneys for the bankrupt crypto lender said in court Wednesday.
