Montenegro prosecutors appeal court ruling to allow bail for Terraform Labs CEO Do Kwon
Montenegro prosecutors have filed an appeal against a local court decision to approve bail for the detained Terraform Labs CEO Do Kwon.
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China’s top prosecuting body issues warnings, guidance about country’s NFT market
China’s top legal authority issued a commentary on Monday about the risks and potential in NFTs, highlighting the need for legislation.
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XRP lawsuit: Judge denies SEC motion to seal documents in win for Ripple
A U.S. federal judge has denied a motion by the SEC to seal internal documents related to a speech given by the SEC’s former director on whether cryptocurrencies are securities.
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XRP gains as SEC motion denied; NFT index down; US investors anticipate debt ceiling deal
Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.
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SEC in no rush to respond to Coinbase calls for regulatory clarity
As part of the ongoing legal dispute between the two, the U.S. Securities and Exchange Commission said it would not be hurried into a response to Coinbase demands.
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China’s Jiangsu Province to expand digital yuan adoption in education sector
China’s Jiangsu Province plans to expand the use of digital yuan to its public education system, as the province seeks to spearhead the country’s CBDC pilot.
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Bittrex’s U.S. crypto exchange unit files for bankruptcy following closure, SEC lawsuit
U.S. crypto exchange Bittrex Inc. has filed for bankruptcy just days after closing operations following an SEC lawsuit and citing unclear crypto laws.
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Prosecutor says Terra-Luna fugitive Do Kwon should face trial in South Korea: WSJ
The prosecutor leading Korea’s investigation into the Terra-Luna project said its founder Do Kwon should be extradited to Seoul to face trial.
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Bitcoin rises, Solana leads losses across top 10 cryptos, U.S. dollar slides amid banking sector concerns
Bitcoin rose while Ether fell in Thursday afternoon trade in Asia, with declines across most of the other top 10 non-stablecoin cryptocurrencies by market capitalization. Solana’s SOL token was the biggest loser of the day.
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Securities or not, crypto in the US needs new regulations and clearer guidance
CFTC and SEC disagree over whether cryptocurrencies are securities, and two big lawsuits clouding the industry’s future invoke laws that long predate the digital era.