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US Justice Dept reportedly ready to settle with Binance for $4B

According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.

ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms

The latest update is the third amendment to ARK and 21Shares’ Bitcoin exchange-traded fund prospectus since the firms first filed in April 2023.

Tether freezes $225M in USDT linked to romance scammers amid DOJ investigation

The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.

Japanese exchange plans to start digital securities trading on Dec. 25

Ichigo, based in Tokyo, plans to offer over $20 million worth of digital securities backed by real estate on the Osaka Digital Exchange.

Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed.

Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO

In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC approves Bitcoin ETFs.

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.

DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator

Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.

WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto crowd awaits SEC decisions

After the latest S-1 form spot Bitcoin ETF amendment by WisdomTree, only Franklin Templeton and Global X are yet to amend S-1 filings.

Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’

SEC Chair Gary Gensler shared a speech on X, triggering heated reactions across the crypto community.

Global securities body IOSCO unveils crypto regulatory framework proposals

According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction.

Ukraine officials get training on crypto and virtual assets investigation

The officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software.

No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express

Chinese court knocks back civil lawsuit over “illegal” crypto, Hong Kong exchanges gain momentum, The Block gets $60M from Singapore firm.

Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang

The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for public good.

Failed '$175M' real estate token raise draws ire of Texas regulators

"GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions," regulators say.

Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions

The Republican candidate claimed that mixers are protected by the U.S. Constitution’s First Amendment.

Dubai’s crypto regulator VARA switches leadership as it ramps up operations

Outgoing head Henson Orser will remain a consultant after Matthew White takes over as the new CEO of Dubai’s Virtual Asset Regulatory Authority.

3AC co-founder Kyle Davies spotted in Bali, sources claim

Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund.

German Parliament member ’staunch opponent' of digital Euro, all in on Bitcoin

EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin.

US Congress members urge financial authorities to invalidate SEC’s SAB 121

In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets.

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