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Regulations
France Votes for Hung Parliament as Major Parties Fall Short of Majority
The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.
Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud
The two executives, Joshua Porter and Gulsen Kama, say they were fired for attempting to blow the whistle on alleged accounting and securities fraud at the company.
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
When Do Secondary Token Sales Violate Howey?
A federal judge allowed most of the SEC's arguments against Binance to proceed but specifically dismissed a charge tied to secondary sales.
Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped
The late-night messages NYAG alleged were evidence of a fraudulent conspiracy were, according to DCG’s lawyers, “lawful, good-faith efforts by DCG to support a subsidiary.”
Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
The first Securities and Exchange Commission witness has been cross-examined and the money laundering trial adjourned till July 5.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
Silvergate's executives were aware of 'critical deficiencies' in the bank's anti-money laundering protections, the SEC alleged.
