Is it Late 2020 All Over Again for Dogecoin? Source
Is it Late 2020 All Over Again for Dogecoin?
Category: ICO
European Securities and Markets Authority (ESMA) Steps Closer to Finalizing Rules Under MiCA
The European Securities and Markets Authority’s (ESMA) report, which follows a consultation last year, includes proposals on information the regulator will require from firms for authorization under MiCA. The report also includes requirements for firms to establish intent to provide crypto services and intent to acquire crypto assets, along with how service providers should address complaints. Source
Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports
The charges, which also name two Binance executives detained by the government, were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja, one outlet reported. The exchange is being charged with four counts of tax evasion, including “non-payment of Value-Added Tax (VAT), Company Income Tax, failure to tax returns, and complicity in aiding customers to evade taxes through its platform.” Source
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources. Source
Remembering ‘True Names’ Author Vernor Vinge
Vinge, born Oct. 2, 1944 in Wisconsin, was also a beloved professor of mathematics and computer science at San Diego State University, where he received a PhD in math in 1971. In 2000, he retired from academia to write hard science fiction full time. Source
U.S. SEC’s Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
Gensler, whose tenure atop the agency has been marked by a legal crusade against what he argues is a largely noncompliant industry, suggested that digital assets businesses are among those seeking to “whittle away at the SEC’s disclosure regime,” which requires companies to register securities and provide information to investors about them. Source
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwon for criminal charges, including fraud, relating to the $40 billion collapse of the Terra ecosystem in May 2022. Source
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
Executive branch budget proposals are gathered into a single push from the White House for its spending priorities, with more detail about how exactly the agencies want to spend the funds they’re requesting. Then Congress gets its turn, sometimes embracing some of the president’s wishes, and sometimes ignoring them. But even when lawmakers put together a plan for final consideration, the process can get derailed by politics, as the U.S. has seen in the current federal budget effort, which has flirted repeatedly with failure and government shutdowns. Congress is currently…
Floki Developers Plan to Offer Regulated Bank Accounts in Next Value Capture for Tokens
“We will introduce Floki-powered Bank Accounts in partnership with a fintech company,” B wrote in a Telegram message. “These accounts will be facilitated through a key partner licensed in four key jurisdictions: Canada, Spain, Dominica, Australia, and the UAE.” Source
COIN’s Ancillary Businesses Will Help Drive Growth: JMP Securities
“Still, relative to the growth opportunity in the exchange and custody offerings, we see a just as exciting of an opportunity in the development of blockchain use cases today and expect Coinbase to participate in much of that continued evolution,” the authors wrote. Those opportunities include participation in the tokenization of real-world assets, such as its recently announced partnership with Blackrock (BLK), activities in payments such as its venture with stablecoin issuer Circle and Web3 development and decentralized apps (dapps), as well as staking, the report said. Coinbase can participate…