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Regulations
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.
Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers
Sen. Sherrod Brown, the Democratic chairman of the Senate Banking Committee, called for more crypto transparency and consumer protections in a letter to agency chiefs.
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First
Trading volume has climbed to around $50 million since the service was introduced last month.
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Sam Bankman-Fried Remains Stuck in Jail
The FTX founder lost his bid for a “temporary release” from jail ahead of trial.
Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
Senate Banking Committee Chairman Sherrod Brown, who would need to get on board for crypto legislation to move, is highly critical and encouraged Gensler’s crypto enforcement.
