Sam Bankman-Fried asked for a maximum sentence of six and a half years, but he could get over 100 years.
Prosecutors want $11B judgment, 40–50 years in prison for Sam Bankman-Fried Dubai’s DIFC passes comprehensive digital asset law, new security law The center claims it has created the world’s first comprehensive set of legal characteristics of digital assets as property in a new, short law.
Wealth manager Cetera adds spot BTC ETFs to it platform, with training The large wealth management firm chose four Bitcoin ETFs for its professionals to offer to their clients.
Pro-crypto US voters turning to Trump, but don’t trust either party Crypto ownership is not highly correlated with party affiliation, but it could make up its own voting bloc, a Paradigm poll says.
South Africa begins licensing crypto exchanges as applications pile up Applications poured in before the Nov. 30 deadline, so more approvals could be on the way.
Dutch central bank reveals it fined Crypto.com for registration violations The cryptocurrency exchange filed an objection to the fine, but went on to register and continue operating in The Netherlands.
UK treasury seeks to improve AML through crypto supervision changes Fussy changes in the scope of registrations will simplify supervision, fight crime and change the way crypto firms are regulated.
Final arguments begin in COPA case against Craig Wright over BTC claims The Crypto Open Patent Alliance has attempted to show that Wright cannot be Bitcoin inventor Satoshi Nakamoto and make him stop claiming to be.
Patient Capital Management switches out Grayscale Bitcoin Trust for BTC ETP The asset manager's Opportunity Trust Fund has $1.4 billion in assets under management.
FDIC official urges better digital asset policy to maintain US influence FDIC vice chair Travis Hill did not spare his own agency in his assessment of current digital asset regulation.
Telegram close to profitability, considering IPO, owner Durov says The world’s fourth-largest messaging app may look for a U.S. listing after its IPO. Investor offers have valued Telegram at over $30 billion.
Trump indicates he might be tolerant of cryptocurrency if elected Buyers of his branded sneakers paid a lot of money for them, sometimes in crypto, the former president observed.
Philippine central banker reveals details about wCBDC pilot project Project Agila will first look at transfers between commercial banks and later try securities settlements and other high-value services.
Montenegro High Court may extradite Do Kwon to South Korea after appeal — Report The co-founder of bankrupt Terraform Labs was first set to be extradited to the United States after lengthy court battles.
Hong Kong launches Project Ensemble to support tokenization with wCBDC The HKMA’s latest CBDC project will look at tokenized deposits in tokenized asset transactions.
Nigerian central bank hires Gluwa to advance eNaira through credit profiles The pioneering African CBDC has few users, but creating credit histories for them will promote financial inclusion.
ShapeShift settles SEC securities charges dating to its pre-DAO days ShapeShift lived up to its name with a 2021 structural transformation, but it didn’t escape the wrath of the SEC.
Osprey ready to sunset its OTC Bitcoin trust by sale, merger or liquidation Once the tiny competitor to Grayscale’s GBTC, Osprey is trading at a discount and ready to take extreme measures for recovery.
Facebook, Instagram go down on Super Tuesday, take Meta stock price with them The price for Meta had just hit an all-time record when its biggest social media was hit with a major outage.
Judge supports SEC securities claim in default order in Coinbase insider trading case Rules for default judgment required the judge to acknowledge the SEC’s full argument.
MicroStrategy stock spikes over 20% as BTC price continues skyward Short-sellers may be generating some of the gain, but MicroStrategy’s fundamentals are strong.
Don’t rule out algorithmic stablecoins, Crypto Council tells Hong Kong The CCI assessed the HKMA’s proposed stablecoin regulations and suggested moderation and acceptance of innovation.
BlackRock Brazil launching depositary receipts fund mirroring US BTC ETF The Brazilian ETF will launch on March 1 on the B3 platform. There are already 13 Brazilian ETFs with crypto exposure.
Nigerian central bank head criticizes Binance, execs reportedly arrested Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023.
IMF urges careful design, slow introduction for Pacific Island digital currencies The island nations have common challenges and widely varying conditions. Just don’t use crypto, the IMF says.
Recognize jurisdictions that believe in us, Bitfinex's Ardoino tells BTC community Bitfinex tech chief Paolo Ardoino and Blockstream chief Adam Back talked about BTC adoption and asset tokenization in a livestream.
Chinese ministry posts warning about fake digital yuan app The app differs from the official version in subtle ways and steals users’ money and sensitive information.
FSB will standardize global incident reporting for institutions with crypto The proposed reporting format is part of the international agency’s support for the G20 crypto asset roadmap adopted last year.
Thai SEC proposes to revoke license of troubled exchange Zipmex The Asian digital asset exchange was hit hard by the crypto winter and is finding recovery difficult.
OCC acting head compares crypto-asset intermediaries to corrupt bank Michael Hsu urged international cooperation and collaboration in a bid to prevent crypto firms from leveraging competition among jurisdictions.