Judge Blocks DCG from Changing Genesis Ownership During Bankruptcy

by Александр Пирогов | Dec 20, 2023 | Blog News, Uncategorised

A judge has ruled that Digital Currency Group (DCG) is prohibited from making any ownership changes with Genesis until the latter exits bankruptcy. This decision ensures that Genesis remains protected under DCG’s tax consolidated group, providing specific...

HashKey Capital Secures Full Capital Markets License in Singapore

by Александр Пирогов | Dec 20, 2023 | Blog News

Crypto asset manager HashKey Capital has successfully obtained a full capital markets service license from the Monetary Authority of Singapore (MAS). The license allows HashKey Capital to operate as a regulated capital markets service provider in Singapore, providing...

Montenegro Appeals Court Cancels Extradition Approval for Do Kwon

by Александр Пирогов | Dec 20, 2023 | Blog News

The legal saga surrounding Do Kwon, co-founder of Terra Labs, takes an unexpected turn as Montenegro’s Appellate Court annuls a previous decision to extradite Kwon. Citing procedural errors and a lack of clarity in the legal process, the court’s decision...

Sen. Elizabeth Warren Accuses Crypto Lobbying Groups for Terrorism Financing

by Александр Пирогов | Dec 20, 2023 | Blog News

Sen. Elizabeth Warren (D-Mass.) has accused lobbying groups in the crypto industry, including Blockchain Association, Coin Center, and the Chamber of Digital Commerce, of undermining bipartisan efforts in Congress and the Biden Administration to address the role of...

Spanish intelligence cracks down ISIS funding through crypto transactions.

by Александр Пирогов | Dec 19, 2023 | Blog News

Spanish police have dismantled a network involved in financing ISIS through cryptocurrency transactions, resulting in the arrest of five individuals. The operation, part of a two-and-a-half-year investigation, targeted individuals allegedly connected to the terrorist...

US Court Approves CFTC Settlement against Binance and CEO

by Александр Пирогов | Dec 19, 2023 | Blog News

The US District Court has approved the settlement between the Commodity Futures Trading Commission (CFTC) and Binance, along with its CEO Changpeng ‘CZ’ Zhao. The court entered a consent order, imposing a $150 million civil penalty against CZ personally....