Regulation
The defense team for the Terraform Labs founder has asked a court to dismiss the request since Kwon is already in Montenegrin custody.
Bitcoin
The comment came during an appearance before the U.S. House Financial Services Committee on Wednesday.
Business
A judge ruled that evidence related to SBF’s political contributions was directly linked to the wire fraud scheme on FTX’s customers.
JPMorgan’s digital bank cited an uptick in scams and fraud related to crypto as the reason behind the decision.
In a letter to Gensler, Reps. Mike Flood, Tom Emmer, Wiley Nickel, and Ritchie Torres called the SEC’s approach to handling spot bitcoin ETF applications “inconsistent and discriminatory.”
The wallet, launching in early 2024 on the Stellar network, will allow users to cash-out the stablecoin at participating locations.
EURC, which is pegged one-to-one with the euro, is already available on Ethereum and Avalanche.
Ether and other altcoins were largely in negative territory. Yet a markets analyst struck an optimistic note about cryptos’ medium- and long-term prospects.
In terms proposed by the attorneys in a letter to the court, Bankman-Fried would obey a gag order prohibiting him from speaking with anyone outside his legal team, parents or brother.
The Bitcoin Ordinals creator proposed creating a new fungible token protocol for Bitcoin.
