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Defunct cryptocurrency lender Celsius has amended its bankruptcy filing pending approval from the New York Bankruptcy Court following a successful takeover deal with the Fahrenheit cryptocurrency consortium. The cryptocurrency lender filed its restructuring plan on June 15.

While good actors in the crypto space use their creativity to build new things, bad actors use that same energy to devise more ingenious ways to hide their ill-gotten gains.

Hong Kong-based cryptocurrency exchange CoinEx has been banned from operating in New York by Attorney General Letitia James.

Middle Eastern cryptocurrency exchange OKX has reported that Dubai's Virtual Assets Regulatory Authority (VARA) has granted the company a Minimum Viable Product Preparation License as part of its expansion plans into the region.

Newly released Hinman documents related to the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) reveal divisions within the SEC and call into question its motives.

Terraform Labs co-founder Do Kwon will be extradited and detained in Montenegro, Radio Free Europe (RFE) regional edition reported. He also faced questions about his relationship with local politicians.

EU financial regulators are to launch a three-part consultation process on the recently adopted Framework for Markets in Cryptoassets, or MiCA.

A US federal judge is reportedly weighing a proposal to split the criminal charges against former FTX CEO Sam Bankman-Fried (SBF) into two trials after prosecutors filed documents.

Crypto lending firm Abra, which handled more than $116 million in assets for alleged securities fraud, has been insolvent since March 31, according to Texas regulators.

Some crypto industry watchers say BlackRock's latest spot bitcoin (BTC) trust filing will boost investor confidence in bitcoin and could even be the “best thing that can happen” to BTC but others warn There are hidden costs.

Crypto Twitter has seen a heated debate this week, with billionaire investor Mark Cuban accusing the SEC's Gary Gensler of throwing cryptocurrencies under the bus, while former SEC officials were quick to defend Regulators defended.

Brazilian President Luiz Inácio Lula da Silva, known to many simply as Lula, has signed legislation clarifying the role of the country's central bank and securities regulator with regard to cryptocurrencies.

Binance appears to be preparing to exit Cyprus. On its website, the CySEC flagged Binance Cyprus Limited as “under review for deregistration application.”

The European Parliament has adopted the EU AI Act, a comprehensive legislative framework for the governance and oversight of AI technologies in the EU. Parliament passed the measure in a June 14 vote, with the bill receiving a majority of 499 to 28 with 93 abstentions.

Senators Josh Hawley, Republican of Missouri, and Richard Blumenthal, Democrat of Connecticut, introduced a Senate bill on June 14 that would remove current restrictions on artificial intelligence provided to online computer service providers under US federal law. (AI) Special pro protection for companies.

The chief legal officer of US cryptocurrency firm Coinbase, Paul Grewal, has opposed the SEC's proposed rule changes that could change what an exchange is and how digital assets are regulated.

Progress has its downsides, as the Autorité des marchés financiers (AMF), the non-governmental body that regulates the French stock market, has noticed. According to the AMF Ombudsman, digital asset-related mediations will increase dramatically in 2022, as will the number of registered digital asset service providers (DASPs).

New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to The Wealth Report, Solana's deal, Polygon and Cardano have been suspended.

The legal troubles at Binance, the world's leading cryptocurrency exchange, continue to mount, a new report suggests that the exchange has been under investigation in France since early 2022.

Attorneys representing the US Securities and Exchange Commission (SEC) have argued that supplemental documents filed by Dentons, the law firm representing Terraform Labs and Do Kwon, in support of its motion to dismiss lack sufficient support to dismiss the case.