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The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud.
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said.
The regulator's victory serves as proof decentralized entities can face legal consequences for their dealings, contrary to popular beliefs.
Emerging economies in the G20 are concerned widespread stablecoin use may threaten their monetary policy, and are seeking stricter measures, two high-level officials privy to discussions at the forums told CoinDesk.
A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.
“Under no circumstances is ADA a security under U.S. securities laws,” IOG said in a release.
One of the individuals also operated BTC-e, the DOJ alleged.
The native token of the Solana blockchain, SOL, was alleged to be an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase.
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD, according to a Friday report.
- 17:06Mistral AI closes $640 million Series B funding round backed by a16z and othersMistral AI announced the closing of a €600 million ($640 million) Series B funding round led by General Catalyst, with Belfius, Bertelsmann Investments, BNP Paribas, Bpifrance (through its Digital Ventures Fund), Cisco, Eurazeo, Headline, IBM, Korelya Capital, Latitude, Millennium New Horizons, Sanabil Investments, ServiceNow, SV Angel, Lightspeed Venture Partners, Andreessen Horowitz, Nvidia, Samsung Ventures, and Salesforce Ventures.Mistral AI, whose current competitors include OpenAI, Anthropic, and others, has released pre-trained and fine-tuned models under an open source license with open weights.
- 17:05LayerZero: Symbiotic to be integrated into LayerZero DVN frameworkIn a post on Platform X, LayerZero Labs announced that Symbiotic will be coming to LayerZero, and through Ethena Labs, Symbiotic will be integrated into the LayerZero DVN framework, enabling users to pledge ENAs to secure the transfer of Ethena assets across chains.
- 16:27BTC falls below $66,500The market shows that BTC fell below $66,500 and is now at $66,418, an intraday drop of 4.97%, the market fluctuates a lot, please do a good job of risk control.
