Judge Lifts Order to Freeze Charlie Shrem’s Assets in Winklevoss Case

Judge Lifts Order to Freeze Charlie Shrem’s Assets in Winklevoss Case

A federal judge lifted a $30 million attachment order against Charlie Shrem Thursday, though the case will proceed to a jury trial next year.
us-treasury’s-yellen-says-crypto-doesn’t-have-adequate-regulation-—-calls-ftx-collapse-‘a-lehman-moment’

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a...

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for…
Malaysia Starts Regulating Cryptocurrencies Today

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls…
Japan Labor Ministry Confused as Crypto Salaries Demand Increased

Japan Labor Ministry Confused as Crypto Salaries Demand Increased

Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from…
bitcoin-group-agrees-to-buy-german-bank-bankhaus-von-der-heydt-for-more-than-$15m

Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than...

The transaction is expected to be completed by the third quarter, 2023.

Azuki Is Rebuilding After Its Elementals Mint Mishap

Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.
near-faces-resistance-in-attempt-to-breach-$2-level-as-bears-block-its-way

NEAR Faces Resistance In Attempt To Breach $2 Level As Bears Block Its Way

Altcoins like NEAR have experienced a similar slump in value as the major cryptocurrencies during the previous several days. Cryptocurrency price index Coingecko reports that NEAR’s price is currently bearish, reflecting the general market sentiment. At the time of writing, the token was trading at $1.8515, below the key psychological $2 zone. Major investors’ loss of…
bank-of-russia-sets-out-to-regulate-digital-asset-taxation,-exchange,-still-opposed-to-crypto

Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to...

The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank Takes Legislative Initiative in…

Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions

Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative way.” The Nigerian Currency’s Woes Some Nigerian users of Binance’s peer-to-peer (P2P) platform have…
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