Policy & Regulation
Binance Australia's derivatives license in Australia has been revoked by the ASIC, impacting the exchange's ability to offer its derivatives-based services.
Policy & Regulation
European Union (EU) lawmakers have voted in favor of imposing a €1,000 limit on cryptocurrency transactions where the customer cannot be identified. The European Parliament emphasized that entities such as banks, asset and crypto asset managers, real and virtual estate agents, and high-level professional football clubs will be required
Policy & Regulation
Sam Bankman-Fried's recent petition to have his legal expenses reimbursed has encountered strong opposition from lawyers representing the cryptocurrency exchange FTX and its creditors committee. Bankman-Fried's lawyers filed a motion on March 15 requesting coverage of his court costs by directors and officers (D&O)
Policy & Regulation
A 2021 NFT artwork depicting the Virgin Mary by activist artist Nadya Tolokonnikova has led to criminal charges against Pussy Riot for "hurting the religious feelings" of Russian citizens, according to a press release from the group. Tolokonnikova, well-known as the face and voice of the Russian feminist
Policy & Regulation
The planned trial of Russia's digital ruble, initially scheduled for April 1, has been postponed due to the absence of a necessary regulatory framework, according to state-owned news agency TASS. The Russian State Duma is expected to approve the legislation concerning Central Bank Digital Currency (CBDC) in the
Policy & Regulation
In a recent House Financial Services Committee hearing, Nellie Liang, the U.S. Treasury Department's Undersecretary for Domestic Finance, addressed the notion that cryptocurrencies had played a significant role in the recent failures of Silicon Valley Bank (SVB) and Signature Bank. Liang stated that she doesn't
Opinion
If we consider the matter from an critical perspective, the alleged concealment of Binance's ties to China is a reflection of the obfuscation and manipulation that is all too common among authoritarian entities.
Opinion
The halted Royal Mint NFT project exposes the underlying philosophical conundrum of reconciling the inherently decentralized essence of crypto-assets with the centralized authority of the state. This tension demands a critical examination of the implications of government-backed crypto initiatives and the potential conflicts of interest that may arise. The Perilous