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Latest from Nikhilesh De
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.
Sam Bankman-Fried Faces Jail as Justice Department Pushes for Incarceration
The department responded to the FTX founder's defense team, which argued that the DOJ was portraying him in a negative light.
Is Sam Bankman-Fried Going to Jail?
Federal prosecutors are fed up with what they say are his repeated attempts to influence witness testimony. He maintains he’s just trying to defend his reputation.
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
The move comes the same week that six other companies filed to launch ether futures ETFs.
Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
Volatility Shares, Bitwise, VanEck, Roundhill, ProShares and Grayscale have filed applications with the SEC for Ether ETFs.
U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense
Prosecutors moved to revoke Sam Bankman-Fried's bond release, alleging his sharing Caroline Ellison's diary with the New York Times amounts to witness tampering.
Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
Terraform Labs argued that there was no contract in the sale of UST to retail investors.
