Regulation
FTX founder seeks reduced sentence of under 6.5 years
Sam Bankman-Fried's legal team argues for a lighter prison term, criticizing the 100-year recommendation as excessive.
SlamX
Lens
Regulation & Law
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Regulation
US Treasury: crypto’s role in Hamas funding minor
"Terrorists" still prefer to use traditional finance products, according to U.S. Treasury's Brian Nelson.
SlamX
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Regulation
Dubai calls on crypto firms to finalize applications by Nov. 17
Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.
Zoltan Vardai
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Altcoins
Mitsubishi UFJ launches joint stablecoin study with Ginco, Progmat
The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.
Zoltan Vardai
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Regulatory News
Bank of England, FCA to regulate sterling-denominated stablecoins
The central bank expects to release the final set of regulations by 2025.
Zoltan Vardai
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Regulation
Sam Bankman-Fried found guilty on all charges
Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.
Zoltan Vardai
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Regulation
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Zoltan Vardai
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Regulation
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
Zoltan Vardai
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Uncategorized
SBF examined over “cozy relationship” with Bahamian government in fraud trail
This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.
Zoltan Vardai
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Regulation
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
Zoltan Vardai
