Former OpenSea exec claims insider trading laws cannot apply to NFTs
Former OpenSea sea executive Nate Chastain has filed a motion asking a U.S. district court to dismiss insider trading charges...
Regulation
Australia plans to implement token mapping amid intensified efforts to regulate crypto industry
The Australian government announced plans to token map all digital assets in its crypto asset sector as it intensifies efforts...
South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law
South Korean officials have interpreted existing laws to mean crypto airdrops may be subject to “gift tax,” according to local...
FTX’s Sam Bankman-Fried and Brett Harrison Respond to FDIC’s Allegations of ‘False Statements’
Top executives at crypto exchange giant FTX are responding to allegations of misleading statements from the Federal Deposit Insurance Corporation...
Cardano Founder Charles Hoskinson Says Tornado Cash Sanctions Set Extremely Dangerous Precedent
Cardano founder Charles Hoskinson says that the US government banning Tornado Cash sets a dangerous regulatory precedent. Earlier this month,...
Financial Regulator Slaps Crypto Exchange FTX US With Cease-and-Desist Letter Over ‘False’ Statements
The Federal Deposit Insurance Corporation (FDIC) is hitting crypto exchange giant FTX.US with a cease-and-desist order over allegedly making false...
FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance
The Federal Deposit Insurance Corp. (FDIC) said Aug. 19 that it issued letters demanding Cryptonews.com, Cryptoytosec.info, SmartAsset.com, FTX.US and FDICCrypto.com...
Crypto Exchange Gemini Rolls Out Staking for Polygon (MATIC), Says Support for Other Top Altcoins Coming Soon
Crypto exchange platform Gemini is rolling out staking services for blockchain scaling solution Polygon (MATIC). The exchange is making Polygon staking...
South America’s Second-Most Populous Country Considering Central Bank Digital Currency, Says Tax Agency Official
A top official who oversees Colombia’s financial regulation and tax collection agency says that the second-most populous South American nation...
US Regulatory Agency Files Motion Demanding Probe of Bankrupt Crypto Lender Celsius Network
A government-appointed trustee is seeking assistance while grappling with the complexities of embattled crypto lending platform Celsius Network’s (CEL) bankruptcy...
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