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Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang
Regulation

Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang

November 16, 2023 CryptoExpert

Andrew Yang, a former candidate for United States president and New York City mayor as well as founder of the Forward Party, had sobering observations about the uses of blockchain, or its lack of use, […]

Germany’s Commerzbank obtains crypto custody licence
Regulation

Germany’s Commerzbank obtains crypto custody licence

November 15, 2023 CryptoExpert

Commerzbank has become the first full-service bank in Germany to receive regulatory approval for a crypto custody licence. Commerzbank, among the top four largest banks in Germany, has taken a huge step towards providing its […]

Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme
Regulation

Creator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme

November 14, 2023 CryptoExpert

The creator of the Mutant Ape Planet nonfungible token (NFT) collection — a knock-off of Yuga Labs’ Mutant Ape Yacht Club project — has pleaded guilty to conspiracy to commit wire fraud in a New […]

FTX Foundation staffer fights for $275K bonus promised by SBF
Regulation

FTX Foundation staffer fights for $275K bonus promised by SBF

November 13, 2023 CryptoExpert

An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus. Ross Rheingans-Yoo’s lawyers argued in a Nov. 13 court […]

Indian Supreme court rejects crypto petition, highlights legislative nature
Regulation

Indian Supreme court rejects crypto petition, highlights legislative nature

November 12, 2023 CryptoExpert

The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench headed by […]

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina
Regulation

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

November 11, 2023 CryptoExpert

Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust. The proposed legal framework was pitched by Bitcoin Argentina’s president Ricardo […]

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown
Regulation

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

November 10, 2023 CryptoExpert

Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. […]

EU backs Data Act with clause to shut off smart contracts
Regulation

EU backs Data Act with clause to shut off smart contracts

November 9, 2023 CryptoExpert

The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts have the ability to be terminated. In a Nov. 9 press release, the parliament said […]

Rep. Tom Emmer proposes to defund SEC’s crusade against crypto
Regulation

Rep. Tom Emmer proposes to defund SEC’s crusade against crypto

November 8, 2023 CryptoExpert

Pro-crypto Congressman Tom Emmer is advancing an amendment aimed at depriving the United States securities regulator from using government funds to go after crypto enforcement. On Nov. 8, Emmer attached an amendment to HR 4664 […]

Expect new IRS crypto surveillance to come with a surge in confiscation
Regulation

Expect new IRS crypto surveillance to come with a surge in confiscation

November 7, 2023 CryptoExpert

As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer a clue for how this information may be used in practice. In short, with the […]

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