SEC eyes exemption framework to boost crypto innovation
The SEC is developing an ‘innovation exemption’ to accelerate crypto product development, offering temporary regulatory relief for compliant firms while updating rules for onchain technologies.
UK appoints specialist to recover crypto from bankruptcy cases
The UK Insolvency Service appointed its first crypto intelligence specialist to recover crypto assets in bankruptcy and criminal cases, as crypto-related insolvencies rose 420% in five years.
US lawmakers propose amendment to crypto market structure bill before markup
US lawmakers propose an amendment to the CLARITY Act, exempting certain blockchain developers from money transmitter rules. The bill faces a markup hearing amid bipartisan discussions on crypto regulation.
Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says
Crypto founder Iurii Gugnin arrested for allegedly laundering $530M via Evita Pay to help sanctioned Russian banks access US tech, facing multiple fraud and money laundering charges.
S. Korean ‘Coin Gate’ Lawmaker Kim Nam-guk Set For Gov‘t Role
South Korean lawmaker Kim Nam-guk, involved in the ‘Coin Gate’ scandal, is nominated for a government role under President Lee Jae-myung, despite ongoing legal challenges.
Uniswap, Jump and Leading Crypto Trade Associations To Issue Statement in Support of Blockchain Regulatory Certainty Act: Report – The Daily Hodl
Uniswap, Jump Trading, and major crypto trade associations will issue a joint statement supporting the Blockchain Regulatory Certainty Act (BRCA) to provide regulatory clarity for DeFi developers.
SEC Chair bashes Gensler’s approach to crypto, defends self-custody
SEC Chair Paul Atkins criticizes Gary Gensler’s crypto policies, advocating for self-custody and regulatory flexibility in digital asset management during a DeFi roundtable event.
SEC Chair Paul Atkins emphasizes that the right to self-custody of private property is a foundational American value
SEC Chair Paul Atkins advocates for self-custody of crypto assets as a foundational American value, signaling a shift in regulatory approach under new leadership.
Telegram founder Durov on arrest, detention in France: ‘I’m confused’
Telegram founder Pavel Durov discusses his confusing detention in France, citing political motives and alleged non-compliance with legal requests, despite Telegram’s strict adherence to global regulations.
SEC Considering Blockchain Relief Framework, Paul Atkins Says
SEC Chair Paul Atkins proposes a blockchain relief framework to expedite product offerings, criticizing past policies and aiming to position the U.S. as a crypto innovation leader.
