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Regulations
White House Is 'Aware of' Silvergate Situation, Spokeswoman Says
Press secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that have had issues recently.

SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
BKCoin co-founder Kevin Kang is accused of misappropriating client funds to bankroll vacations, purchase tickets to sporting events and pay rent on his New York City apartment.

FTX Bankruptcy Examiner Denial Appealed by U.S. Government
An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.

Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report
The government is consulting with the industry now.

BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.

Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says
The bail conditions clampdown comes after suspicions of witness tampering.

Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
Crypto bank warned this week about its ability to remain in business.

Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says
The official spoke during a Voyager Digital bankruptcy hearing.

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
The bill also requires the EPA to study the effect crypto mining has on the environment.
