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Regulations
Canadian Lawmakers Call for National Blockchain, Crypto Strategy
The government of Canada should recognize blockchain as an emerging industry with "significant" long-term economic and job creation opportunities, a lawmaker committee on industry and tech said.

Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.

Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
The firm told CoinDesk that it is continuing to comply with BaFin requirements in "a detailed and ongoing process."

ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.

SEC Has No Jurisdiction Over Cryptos on Coinbase, Exchange Says in Lawsuit Response
Coinbase filed an answer to the SEC's lawsuit early Thursday, arguing the regulator violated its due process and is reaching beyond its jurisdiction.

Ex-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers
FTX's lawyers allege Daniel Friedberg allowed its executives' criminal activities to fly under the radar for years.

Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to accusations that he defrauded some 150 investors for $33 million in a digital asset trading scheme.

Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
The government's choice to make its position clearer on de-banking comes hours after Blockchain Australia, the nation's industry body made a fresh commitment to minimize scams.

EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”

‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Creditors accuse CEO Zac Prince of defrauding customers and the company of “mischief” in delaying a wind-up.
