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Regulations
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
The firm laid off 44 employees from the team, which still has 82 members.
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
All of Sam Bankman-Fried's Proposed Expert Witnesses Should Be Barred From Testifying: DOJ
The defense team moved to bar one of the prosecution's proposed witnesses as well.
Binance’s Belgian Customers to Use Polish Entity in Bid to Escape Regulators’ Ban
National financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.
Sam Bankman-Fried's Defense Renews Push for 'Temporary Release' Ahead of October Trial
The FTX founder's bond was revoked earlier this month, after a judge found he had violated his bail conditions on at least two occasions.
Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”
Celsius Token Holders Lose Bid to Hike CEL Valuation
Some creditors of the bankrupt crypto lender argue it should be valued at a higher $0.80, the nominal price when the company collapsed, despite allegations of market manipulation
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.
Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says
A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.
