Former Grayscale CEO Michael Sonnenshein joins Securitize as COO
Sonnenshein joined Securitize nearly seven months after leaving Grayscale.
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India: Supreme Court Gives Central Bank 2 Weeks to Justify Crypto Ban
India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints.Judge: RBI has not properly responded to representationIn the latest session of an ongoing hearing into the actions of the Reserve Bank of India (RBI) on Aug. 21, the Court ruled officials had…

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill in Congress
United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9.The reintroduced version of the bill appears to have been published on July 3, based on the date printed within the document.Emmer initially announced plans for the Forked Assets bill in 2018…

Two more charged with teaching North Koreans to evade US sanctions with crypto
Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there. 368 Total views 18 Total shares A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According…

Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital. Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services…

SEC’s CryptoMom Wants US to Learn From Chinese Digital Innovation
The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called for the U.S. to: “Learn from what other countries are doing and take the best of what they’re doing…

Massachusetts launches probe into AI in securities industry
Massachusetts securities regulators are seeking to ensure that AI applications in the securities industry wouldn't harm the interests of their users. 74 Total views 1 Total shares Massachusetts securities regulators have started a new investigation into the use of artificial intelligence (AI) in the securities industry, after becoming increasingly concerned about the implications.On Aug. 3,…

Whistleblower sends $2M ETH to WikiLeaks, alleging ‘brain-computer weapons’
A Chinese programmer who sent 711.5 Ether to WikiLeaks included a bizarre onchain message about his country’s military in the transfer.

Her Majesty the Queen Rules Out Crypto as Currency
Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency taxation policy paper for businesses and individuals.The HMRC's approach in this policy paper is, as expected, conservative, and it stands in…