Decentral Block Post

Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally.

Delphi Labs general counsel Gabriel Shapiro tweeted that the ruling can also be potentially applied to developers with multisigs.

The U.S. prosecutors reportedly agreed to allow Sam Bankman-Fried to stay home while restricting using some electronic devices and apps.

Market observers pointed out that CFTC goes after the bigger fish, and its regulatory action often proves fatal for the crypto companies.

In twelve hours preceding the indictment, almost $1.5 billion of crypto left several centralized platforms, according to Thanefield Capital.

Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone.

Within the 74-page complaint, the CFTC has labeled Ether, Binance USD, Tether and Litecoin as commodities along with Bitcoin, and made a few other startling claims.

A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more time to pursue appeals that challenge the deal.

We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.

The response comes in relation to a series of claims made by the CFTC in its March 27 complaint against Binance.

The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities.

The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin.

Two lawmakers in one week weighed in against the possibility of a United States central bank digital currency.

The cryptocurrency exchange and its founder, Changpeng Zhao, have allegedly violated trading and derivatives rules.

Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.

Explore essential skills for top legal and compliance jobs in the crypto market.

Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.

Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland.

The Titanium Blockchain executive has been finally sentenced after pleading guilty in July last year.

Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May.