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Kazakhstan’s authorities confirm they blocked access to Coinbase: Report

The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and the crypto exchange operation without a national license, according to reports.

Kenyan lawmakers ask local Blockchain Association to come up with crypto bill

Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.

US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1

The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies.

6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto

Lugui Tillier talked to us about his job as the sales chief for crypto firm Lumx in Rio de Janeiro — and his thoughts on the future of crypto.

SEC Inspector General says prohibition on crypto ownership hinders agency hiring

Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc.

UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.

Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded

Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison.

China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news

Despite regulatory clarity, Hong Kong has failed to pick up the pace regarding futures-based cryptocurrency ETFs so far.

Hong Kong regulator issues tokenized investments requirements amid demand

The intent behind the tokenization of SFC-authorized investment products is tied to the rising market demand and the government’s willingness to facilitate market development.

FTX seeks sale of Grayscale and Bitwise trust assets worth $744 million

The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets a couple of months ago.

Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4

Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website.

LedgerX highlights CFTC regulatory gap in customer asset rules

The new CFTC proposal enhances rules for FCMs and DCOs, mandating high liquidity in customer fund investments.

Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April

Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.

Bug in Fed’s payment system prevents bank customers from getting paid

Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved.

Multichain inside job? And SOL surges 80% in a month: Finance Redefined

The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits.

DeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’

World renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the threats and benefits A.I. technologies could pose in the future.

FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts

The recent surge in FTX claims is being attributed to its early investment in AI companies whose valuation has jumped in recent times.

Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations

Abu Dhabi aims to become a crypto hub alongside Dubai, in a move that's part of a larger goal to foster initiatives in the broader blockchain and digital asset realm.

5 nations challenge crypto experts and investigators to target tax crimes

The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network.

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