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Crypto bills could be delayed as many prepare for US gov't shutdown

Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don't reach a decision on government spending by Sept. 30.

Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure.

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC's reasoning in its Sept. 22 objection.

China to build giant AI chip factory to bypass US sanctions: Report

Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally.

Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT.

HK regulator vows to intensify crackdown on unregistered crypto platforms

In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.

JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down.

FTX's former external legal team disputes involvement in fraud allegations

In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities.

Coinbase secures AML registration from Bank of Spain

The Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain.

Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23

Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network.

Coinbase CEO warns against AI regulation, calls for decentralization

Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is better alternative to regulating the space.

How are crypto firms responding to US regulators' enforcement actions?

Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.

Architect fintech receives NFA approval to operate as introducing broker

The former FTX.US president founded the company in January to serve institutional investors in crypto and traditional derivatives.

Bybit will suspend services in UK following financial regulator's 'final warning'

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to "regulatory changes".

Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.

EU Parliament research recommends non-EU nations tighten crypto regulation

Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.

Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit

Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed.

JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express

JPEX staff forced to flee Token2049 after execs arrested, Mt Gox repayment delay stretches 10 years, Diners Club goes Web3 in Singapore.

Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses

Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.

Judges deny Sam Bankman-Fried's appeal for early release

Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail.