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The SEC dropped its lawsuit against crypto exchange Kraken on March 3, which followed a raft of other dismissals, which reportedly included non-fungible token (NFT) conglomerate Yuga Labs on the same day and crypto exchange Gemini on Feb. 26.
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The action was dropped on Feb. 27, when the SEC agreed to voluntarily dismiss all litigation tied to Coinbase and Coinbase Global with prejudice, ending the case permanently.
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Sacks was appointed White House Crypto and AI and Czar on Dec. 6, 2024, to “work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.,” Trump wrote in the announcement.
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The summit will be chaired by Sacks and administered by Bo Hines, the executive director of the Working Group.
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“The Safe(Wallet) team has fully rebuilt, reconfigured all infrastructure, and rotated all credentials, ensuring the attack vector is fully eliminated,” the announcement said.
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If its current price holds, HK Asia’s stock could be set to close above its June 2019 all-time high of 6.50 Hong Kong dollars (84 cents), with its share price already up 1,700% so far this year.
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https://warpcast.com/browncathy7611/0x36a1c1e8
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https://warpcast.com/browncathy7611/0x6af448ab
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The course comes during a crucial time of growth for the UK crypto sector, according to Cameron:
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A delegation of UK members of parliament (MPs) from major political parties will attend the inaugural course, led by Lisa Cameron, the founder of the UKUS Crypto Alliance and an MP from 2015 to 2024, according to a Feb. 17 announcement shared with Cointelegraph.
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Crypto exchange Swyftx lead analyst Pav Hundal told Cointelegraph that the strong reception of the TRUMP memecoin so far is a good sign, giving the industry a glimpse of what might come during the next four years of the presidential term.
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It comes just days before Trump is set to be inaugurated as the US president on Jan. 20, with speculation he may even designate crypto as a national priority on his first day in office.
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Trump’s memecoin, Official Trump (TRUMP), launched on Jan. 17 and has skyrocketed by 10,643%, reaching $27.50 at the time of publication, according to data from the memecoin trading platform Moonshot.
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Kwon’s case parallels that of former FTX CEO Sam “SBF” Bankman-Fried — another crypto executive who was subject to another country’s jurisdiction (the Bahamas) before being extradited to the US. In SBF’s case, his lawyers were able to argue a campaign finance charge added to a superseding indictment should be dropped as it was not part of the extradition request.
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Within the UAE, the trend is toward more granular rules for token issuance, stablecoins and decentralized finance platforms. However, despite tighter regulations, the UAE is expected to attract even more global players.
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The proposal follows a pattern of steadily increasing regulatory focus on the crypto industry by Australian authorities, witnessed recently on Dec. 6 when the AUSTRAC created a task force to crack down on crypto ATM providers.
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AUSTRAC opened the draft framework from Dec. 11 to Feb. 14, 2025, for stakeholders — including financial institutions, legal practitioners and crypto exchanges — to provide feedback.
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The AML/CTF General Rule 2025 and the AML/CTF (Exemptions) Rule 2007 were both introduced in the proposal, aiming to retain the necessary exemptions from the previous regime while removing outdated requirements to maintain stability and continuity.
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This change would allow businesses to tailor compliance measures based on size, structure and risk profile while maintaining rigorous standards.
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Could Bitcoin’s consolidation resolve to the upside or the downside? How are the altcoins expected to behave? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
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