Less than 2% of El Salvador’s population holds crypto: Report
According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country’s ongoing pro-crypto initiatives.
According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country’s ongoing pro-crypto initiatives.
The United States SEC and Fidelity met to discuss Fidelity’s Wise Origin Bitcoin Trust application, reviewing diagrams and the operational functionality of the product.
The Moskowitz Law Firm, which represented many crypto investors in class-action lawsuits, cited the former Binance CEO’s “unique knowledge” of issues in calling for his deposition.
Senator Elizabeth Warren isn’t leading the charge on this bill linking crypto transactions to terrorism; it comes from Senators Mitt Romney, Mark Warner, Mike Rounds and Jack Reed.
The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying the substantial influence of one party over another.
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
A federal judge said former Binance CEO Changpeng Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing.
In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds.
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after being arrested and charged in Montenegro.
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.