The judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing. A federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal team and prosecutors that would have allowed the former FTX CEO to use certain messaging apps.…
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South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that is provided to investors in conventional securities. Protecting Korean Security Token Investors…
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South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens. Under the new guidelines, security tokens, defined as financial assets issued by a centralized party and tokenized on a blockchain, will be brought into a regulated environment with the same…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse Read more »Sign…
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The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors. India Could Introduce Crypto Measures This Year India’s Economic Affairs Secretary Ajay Seth…
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The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it has released a consultation paper that explores “which elements of the crypto…
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Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka reality ever.” Tim Draper Suggests Sri Lanka Adopts Bitcoin Billionaire investor and venture…
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The Commodity Future Trading Commission is “well positioned” to address regulatory gaps in the crypto market, according to CFTC Chair Rostin Behnam. In prepared remarks for a February 3 American Bar Association event, Behnam said his stance toward cryptocurrencies has not changed. He said he believes there remains a regulatory gap but the “CFTC is well positioned…
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Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority,…
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The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX. United States lawmakers with the Senate Banking Committee have scheduled a second hearing exploring the impact of a crypto market crash. In a Feb. 3 announcement, Senate Banking Committee…
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