Tornado Cash Loses Motion to Dismiss bitcoinmagazine.com 27 September 2024 15:00, UTC The judge in the Tornado Cash case delivered an oral ruling today, rejecting both the Defense’s motion to compel discovery and their motion to dismiss the charges. This represents a massive setback for the Defense, and the judge’s reasoning may not bode…
Judge rules crypto protocols can be money transmitters without control protos.com 27 September 2024 14:04, UTC In a landmark ruling that immediately incensed the crypto community, a US judge has clarified that as a matter of law, control of money is not a prerequisite for operating a money transmitter. Specifically, business operators may not…
Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K. coindesk.com + 1 more 27 September 2024 14:51, UTC Sorare, a blockchain-based fantasy sports company, was charged with providing unlicensed gambling facilities. The charges, the first brought against a blockchain platform, may signal a precedent for how the Gambling Commission plans to…
Ripple's Top Bosses to Appear at Federal Reserve Event u.today 27 September 2024 17:03, UTC Ripple CEO Brad Garlinghouse and cofounder Chris Larsen are set to appear at the eighth annual fintech conference hosted by the Federal Reserve Bank of Philadelphia. It will take place on Oct. 22 and Oct. 23. The conference will…
Canada's Crypto Firms Get More Time to Comply with Stablecoin Rules financemagnates.com + 2 more 27 September 2024 16:57, UTC The Canadian Securities Administrators (CSA) updated stablecoin regulations for crypto asset trading platforms. This latest development comes as the CSA extended the compliance deadline for registered firms to meet new conditions or propose alternatives…
Why Is Binance Founder CZ Being Released Two Days Early? decrypt.co 27 September 2024 16:44, UTC Binance co-founder Changpeng Zhao, known in the crypto world as “CZ,” is scheduled to be released on Friday evening, following a 4-month stint in prison after pleading guilty to failing to “maintain an effective anti-money laundering program,” Although…
Japan Considers Changes to Crypto Rules as FSA Launches Review: Report cryptopotato.com 02 October 2024 04:46, UTC Reports have emerged that Japan plans to assess the effectiveness of its cryptocurrency rules. The review, which will take place over the next few months, could pave the way for the launch of crypto exchange-traded funds (ETFs)…
