US govt cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.
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Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups.On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it will…
Invesco Galaxy applies for spot Ether ETF
Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. 172 Total views 2 Total shares Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart
Hong Kong unveils new stablecoin licensing regime
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.
Billionaires are backing Bitcoin over gold … but some say Ethereum is even better
“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht. 102 Total views 5 Total shares Following JPMorgan CEO Jamie Dimon's recent comments that Bitcoin is worthless, two well known billionaires have leapt to its…
Earth Day: A closer look at crypto projects that make the world a greener place
Earth Day, a 52-year-old tradition celebrated annually on April 22, provides an opportune moment for the world’s citizens to reflect upon their environmental progress, as well as rally support for political policy-making, cultural climate awareness and individual commitments to sustainability.The emergence of blockchain and Web3 has provided the core architecture for a structural remodeling in…
Industry responds to Kamala Harris’ VP pick despite no clear crypto platform
Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation.
How long could Sam Bankman-Fried go to jail for?
FTX founder Sam Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32 billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried staring down seven charges. If
Vanbex Founders Sue Former Contractor for False Statements That Firm Was a Scam
Canadian blockchain firm Vanbex has filed a lawsuit against its former contractor for spreading false and defamatory statements about the firm, as Vanbex announced on May 1.On March 14, Canadian police froze personal assets of the firm’s founders Kevin Hobbs and Lisa Cheng due to an allegedly fraudulent initial coin offering (ICO).According to court documents,…