Laser Digital Goes First: Dubai Approves OTC Crypto Options License
TLDR: Laser Digital is the first to gain VARA approval for OTC crypto options under a limited license. The firm can now legally of...
Tornado Cash Developer Convicted of Operating Unlicensed Money Service
TLDR Roman Storm convicted of conspiracy to operate an unlicensed money transmitting business Jury deadlocked on money laundering...
Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick I...
The agency warned the public against engaging with unregistered crypto firms.
Binance CEO Fights $1.76B FTX Clawback in Court Showdown
TLDR: Binance faces $1.76B clawback claim over FTX’s 2021 share repurchase using customer funds. Zhao argues Delaware courts lack...
China Accuses Foreign Entity of Misusing Crypto for Surveillance Through Iris-Sc...
China warned foreign actors are using crypto schemes to collect biometric data like iris scans, posing risks to privacy and nation...
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China's Ministry of State Security highlights what it calls national security risks based on foreign firms col...
Brazilian Lawmaker’s Strategic Bitcoin Reserve Bill Set for ‘Historic’ Public He...
A Brazilian strategic Bitcoin reserve proposal will be debated in parliament later this month, with domestic crypto executives and...
Trump Administration Targets “Operation Chokepoint 2.0” with New Executive Order
TLDR Trump plans to sign an executive order targeting alleged discriminatory banking practices against crypto companies and conser...
Philippine SEC Flags Ten Unregistered Crypto Exchanges Over Non-Compliance
The Philippine SEC said it would take enforcement actions against 10 crypto exchanges, including OKX, Bybit and Kraken, for non-co...
CFTC Targets Retail Crypto Clarity With New DCM Listing Initiative
TLDR: CFTC proposes using DCMs to regulate retail spot crypto trading under existing commodity laws. Public comments on the initia...