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Spanish regulator signals potential X probe on crypto ads

The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.

Bitget drops plans to seek crypto license in Hong Kong

Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.

XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals

Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”

Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme

The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges.

Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department

State authorities may investigate the fake BlackRock “iShares XRP Trust” registration following a referral from Delaware’s Division of Corporations.

Tornado Cash users file appeal over judgment in favor of US Treasury

The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court.

Opyn DeFi protocol founders are leaving crypto after CFTC crackdown

Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership.

Bim Afolami takes the reins on UK crypto policy as new Economic Secretary

Under U.K. Prime Minister Rishi Sunak, former Economic Secretary Andrew Griffith will become the next minister of state in the Department for Science, Innovation and Technology.

I spent a week working in VR. It was mostly terrible, however…

Cointelegraph Magazine journalist Felix Ng spent a week working in virtual reality. It was mostly terrible… but does have some potential.

Tether credits USDT growth surge to ETF excitement, emerging markets

Tether’s USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.

Ripple exec reiterates need for tech-neutral crypto regulations

Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.

Swan Bitcoin to terminate customer accounts that use crypto-mixing services

Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

Indian Supreme court rejects crypto petition, highlights legislative nature

Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature.

Ripple faces slim odds of $770M disgorgement - XRP holder Attorney

Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement.

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought.

Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined

The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months.

‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $10K NFTs scare away real gamers.

Genesis seeks court's approval to reduce 3AC claim from $1B to $33M

Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC.

China declares stealing digital collections like NFTs liable for criminal theft sentence

The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data.

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