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US Government challenges Bittrex US’s motion to return customer crypto assets

0xMain
June 8, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the unfolding bankruptcy case of crypto exchange Bittrex US, the US government has opposed the platform’s motion to authorize customer withdrawals of their crypto assets. The US government...

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Gemini challenges SEC in legal battle over Earn product

0xMain
May 27, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has responded to the US Securities and Exchange Commission (SEC) lawsuit over its Earn Product. The exchange and its partner, now-bankrupt Genesis lender, gear up for a spectacular...

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Bipartisan Securities Clarity Act re-introduced amid crypto regulatory challenges

0xMain
May 19, 2023

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Amid ongoing legal battles between the U.S. Securities and Exchange Commission (SEC) and several cryptocurrency organizations, a bipartisan effort led by majority whip Tom Emmer and representative Darren Soto has re-introduced the Securities Clarity Act. The act, initially presented in 2020, aims to...

Coinbase One launches amid regulatory challenges

0xMain
May 18, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase launches its subscription service, Coinbase One, in 35 countries, signaling a shift in its revenue model amidst ongoing legal disputes with the U.S. Securities and Exchange Commission. Coinbase...

Lightning Labs unveils updated protocol to address bitcoin’s BRC-20 challenges

0xMain
May 17, 2023

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Lightning Labs, a leading Lightning Network infrastructure firm, has unveiled an enhanced edition of the Taproot Assets Protocol, offering users a potentially more efficient method for minting new assets on the blockchain. The protocol addresses the current inefficiencies and network congestion associated with...

FTX’s Bankman-Fried challenges law firm’s role in prosecution

0xMain
May 10, 2023

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FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government. This move could significantly impact his defense strategy and bring new complications...

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Core Scientific challenges Celsius Network’s $4.7m compensation claim

0xMain
May 9, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Core Scientific, a bankrupt bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed by crypto lending platform Celsius Network. The latest development has resulted...

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Digital euro to complement cash, privacy challenges addressed

0xMain
April 25, 2023

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Fabio Panetta, European Central Bank (ECB) board member, assures the digital euro will enhance existing cash options while tackling privacy concerns amidst the need for security in the evolving financial landscape. In a recent gathering of the European Parliament’s Committee on Economic and...

Paxful unfreezes majority of user accounts amid legal battles and regulatory challenges

0xMain
April 17, 2023

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Paxful, a leading peer-to-peer cryptocurrency marketplace, has successfully unfrozen 88% of previously suspended user accounts, as announced by its former CEO, Ray Youssef. Paxful has seen a majority of its previously frozen user accounts unfrozen, according to an announcement from its now-former CEO....

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Florida governor Ron DeSantis challenges CBDCs, defends financial freedom

0xMain
April 7, 2023

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Florida governor Ron DeSantis has voiced strong opposition to central bank digital currencies (CBDCs), asserting that they threaten to undermine the financial freedom of Americans. Florida Governor Ron DeSantis has recently taken a strong stance against CBDCs, arguing that they pose a significant...