In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act.
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users.
Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets.
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.”
The government of Shanghai has implemented a strategic plan to develop its urban blockchain digital infrastructure system between 2023 and 2025.
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo.
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai.
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.
John Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets.
The filing revealed that on Jan. 15, 2023, SBF contacted the current general counsel of FTX US, who could potentially serve as a witness in the trial.