Following the court ruling on the Sam Bankman Fried case, the defence lawyers plan to challenge Judge Lewis Kaplan’s decision. On Thursday, April 11, the legal team representing SBF filed an appeal notice seeking to challenge their client’s conviction on seven charges. …
In its Monday update, the renowned crypto firm Hashkey revealed plans to launch HashKey Global, a regulated platform that will facilitate the buying and selling of digital assets. The launching of HashKey Global came days after the exchange secured a license to…
The founder of the famous Russian crypto mixer Tornado Cash has filed a motion in court demanding the dismissal of the criminal charges against him. Earlier, the regulators accused Roman Storm, the co-founder of Tornado Cash, of engaging in money laundering activities. …
In a recent report, the Binance official detained in Nigeria filed a lawsuit against the government for violating human rights. The Binance executive Tigran Gambaryan has been in custody for the past few weeks due to their involvement in money laundering, tax…
Following the sentencing of the former chief executive of FTX, Sam Bankman-Fried, crypto executives have teamed up to prevent the recurrence of another financial fraud. In an interview with the DL News, the chief executive of Cube. Exchange Bartosz Lipiński argued that…
On Tuesday, the financial regulators in Britain unveiled new rules for crypto promoters. The new rules target individuals and businesses creating memes on crypto and other investment types. A statement from the Financial Conduct Authority (FCA) revealed that any advertisement or promotion…
On Wednesday, March 26, the giant financial institution HSBC launched tokenized gold for retail clients. The HSBC confirmed that Hong Kong users will access the newly launched tokenized gold. While launching the new product, HSBC argued that the tokenized gold demonstrated the…
With the ongoing development of crypto El Salvador president Nayib Bukele confirmed that his administration moved a measurable amount of Bitcoin assets to cold wallets. These Bitcoin holdings will remain locked in a vault. On X the pro Bitcoin president demonstrated that…
The officials from the US Department of Justice (DOJ) boldly filed for the sentencing memorandum of the embattled crypto investor Sam Bankman Fried. The memorandum was presented before Judge Lewis Kaplan of the Southern District Court on March 16. A review of…
On Friday, March 8, the OpenAI reversed the decision of the removal of the chief executive Sam Altman from the board of directors. The decision to remove Mr Altman from the OpenAI board was reached in November 2023 after the CEO failed…
Following the advent of the Metaverse, global scholars have demonstrated an interest in studying the impact of emerging technologies on existing laws. In a recent study, researchers from the United Kingdom examined the impact of emerging technologies such as Metaverse on the…
The volatile nature of the crypto assets evoked mixed thoughts among the key industry players. On X, some of the investors expressed concerns about whether El Salvador’s Bitcoin bid will materialize. Responding to the X post, the President of El Salvador, Nayib…
In a recent report, the former director of the now-defunct crypto firm Blockchain Global has been banned from leaving Australia. At a local court in Australia, the Securities and Investments Commission (ASIC)filed charges against the former executive of Blockchain Global, Liang “Allan”…
The recent approval of spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) marks a significant milestone in the integration of cryptocurrency into mainstream financial markets. This decision allows for the listing of Bitcoin ETFs on major…
OKX, the American-based crypto exchange, has rolled out OKX TR for Turkish users. In a February 27 report, the OKX team confirmed that the newly launched platform will consist of trading pairs with local currency. The report indicated that OKX TR will…
In its February 28 update, the famous crypto exchange in Hong Kong, Hashkey, secured a major payment license (MPI) in Singapore. The approval of the Hashkey license demonstrated the company’s commitment to comply with the regulatory requirements. News concerning the approval of…
In an official announcement, the Ministry of Industry and Information Technology in China cautioned investors about a fake digital yuan that has drawn public attention. The ministry stated that the fake central bank digital currency, commonly known as the digital yuan, resembles…
In an advanced announcement, the Ministry of Culture in the Kingdom of Saudi Arabia launched a metaverse project to support preserving the country’s cultural heritage. The newly launched Metaverse project will document every event that occurred in the history of Saudi Arabia. …
In an official communication, the Seychell-based crypto exchange FixedFloat suffered a malicious attack that impacted the loss of a substantial amount of funds. News concerning the hacking incident was disclosed by the renowned blockchain analytics firm BlockFence. After assessing the damages caused by the…
The increased adoption of crypto assets in Latin America has obliged the financial watchdog to take decisive steps to protect the traditional financial system. In an advanced communication the Honduras National Banking and Securities Commission (CNBS) imposed restrictive measures on the involvement…
