Bitcoin mining firm NewRays alleges that Judge Allen Dodson and prosecuting attorney Phil Murphy selectively enforced noise legislation to target its business.
Crypto Wet Articles
Ripple receives in-principle license approval in Dubai
Ripple has acquired in-principle financial services license approval from Dubai’s DFSA, moving closer to offering cross-border crypto payment services in the UAE.
European blockchain sandbox onboards 41 regulators in second cohort
The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.
Investment managers eye ‘extraordinary upside’ from BTC options debut
They could potentially spark an “explosively recursive” price upside for Bitcoin, according to one investment manager.
Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Samourai Wallet forked into ‘Ashigaru’ Open Source Project
According to the website, Ashigaru uses CoinJoin and other mechanisms to shield users from analytical heuristics and tracking.
Australia to require crypto firms to hold financial services licenses
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges.
Bitcoin poised for potential rally as FTX payout looms and Fed shifts
The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.
Stablecoins and crypto are threatening fiat money dominance in Eastern Asia
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.
AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer
Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers.