Regulation
Japan plans to lift ban on stablecoins issued overseas: report
Japan's Financial Services Agency (FSA) reportedly plans to allow the circulation of foreign-issued stablecoins in the local market next year.
Ningwei Qin
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Regulation
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Regulation
Sam Bankman-Fried, FTX misled investors, lent billions to Alameda, Caroline Ellison says
Caroline Ellison, former chief executive of trading firm Alameda Research, told a federal judge last week that she agreed with executives of FTX, including former CEO Sam Bankman-Fried, to mislead lenders and customers on how much Alameda was borrowing from the now-bankrupt exchange.
Timmy Shen
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Regulation
No change in community banks’ view of crypto after FTX’s collapse, says ICBA’s Brian Laverdure
ICBA vice-president Brian Laverdure believes that community banks are unfazed by FTX’s collapse, but remain split on cryptocurrencies.
Zoltan Vardai
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Regulation
Hong Kong arrests two for suspected involvement in digital asset fraud on AAX
Hong Kong’s commercial crime investigation bureau on Friday arrested two local men for suspected involvement in digital asset fraud on Atom Asset Exchange (AAX)
Zoltan Vardai
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Regulation
FTX asks court to keep US$450 mln Robinhood shares frozen
Failed cryptocurrency exchange FTX Trading Ltd. has asked a bankruptcy court to keep US$450 million worth of Robinhood shares frozen, as three parties battle for the true ownership of the assets.
Timmy Shen
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Regulation
The last 12 months the year to forget, says India’s WazirX crypto exchange
A lot of the troubles for India exchanges in 2022 will run into next year as they shed staff and run down reserves to stay afloat, and not all are expected to make it.
Pradipta Mukherjee
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Regulation
Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S.
Bankman-Fried won an upgrade from his Bahamas prison cell after posting bail following his extradition to the U.S. on Wednesday, where he faces charges for what prosecutors called "fraud of epic proportions."
Dylan Butts
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Regulation
Retiring U.S. Senator Pat Toomey introduces bill for regulating stablecoins
U.S. Republican Senator Pat Toomey introduced a bill on Wednesday to set regulations for stablecoins and to further “sensible” regulation of cryptocurrency.
Lachlan Keller
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Regulation
SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit
The federal judge in the ongoing lawsuit between the SEC and Ripple has granted a joint motion from all parties to extend the deadline for the Daubert Motions that would exclude certain expert testimonies.
Timmy Shen
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Regulation
British Columbia suspends new electricity connections for crypto miners
British Columbia has paused new electricity connection requests from crypto miners for 18 months to support the province’s climate action.
Danny Park
