Judge grants DOJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.
The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion for release “unpersuasive.”
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
A Binance executive said the cryptocurrency exchange plans to delist stablecoins in the European market by June 2024 in order to comply with standards laid out by MiCA.
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region.
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee.
The regulator alleged that Bit Trade, the provider for Kraken in Australia, did not make a target market determination before offering its margin trading product to Australian customers.
According to Cointelegraph: Hong Kong-based cryptocurrency exchange JPEX, currently facing legal issues, has applied for deregistration in Australia, according to a filing revealed by Cointelegraph on September 20. The filing states that Jieyi Chen, director of JP-EX Crypto Asset Platform PTY LTD (JPEX), initiated the deregistration process with the Australian Securities and Investment Commission. The filing indicates that all company members agree to the deregistration, adding that the firm is no longer in business, its assets are not exceeding $1,000 Australian dollars, and it does not carry any liabilities. This move comes shortly after Hong Kong police arrested six JPEX employees on fraud charges for operating an unlicensed crypto exchange during the Token2049 conference in Singapore on September 13. The SFC of Hong Kong reported receiving over 1,000 complaints about JPEX, with claims exceeding 1 billion Hong Kong dollars ($128 million) in loses. Amid the escalating controversy, JPEX allegedly raised its withdrawal fees to 999 USDT to prevent funds exiting the exchange. Ahead of its website going offline, JPEX proposed a compensation plan for its users, stating that they would be fully reimbursed with their assets exchanged for stakes in the JPEX DAO by September 21.
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.