Section
Regulation
Policy, taxation and government action shaping crypto worldwide and in India.

New York AG Secures Up to $35M and Industry Ban From Ex-Celsius CEO Alex Mashinsky
Mashinsky owes New York $25 million if he fails to forfeit another $10 million, and $10 million more if he doesn't serve his full sentence.

Blockchain.com seeks CFTC greenlight for US prediction markets, crypto derivatives trading: CNBC
Blockchain.com has applied for DCM and FCM licenses to offer ahead of a planned $500 million IPO.

Bitcoin Price Breakout May Hinge on US Debt Fears: Coinshares
Bitcoin’s next breakout could depend on demand driven by concerns about U.S. public finances, Coinshares suggested Thursday in a market analysis. Fund withdrawals and a price retreat have challenged that outlook, despite the monetary appeal of assets outside…

Former Visa and JPMorgan Execs Take Over El Salvador’s Chivo Wallet
According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments. Former Visa and JPMorgan Executives Relaunch…

New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky
Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s safety.

US targets $1 billion Iran-linked crypto seizure, Bessent says ‘we know where it is’
Bessent’s latest crypto seizure plan follows months of sanctions and freezes targeting Iranian assets.
OpenAI and Anthropic Rehearse an AI Disaster: Will It Hit Your Bank?
OpenAI and Anthropic are rehearsing an AI disaster that could shut down banks and power. Here is what they fear next. The post OpenAI and Anthropic Rehearse an AI Disaster: Will It Hit Your Bank? appeared first on BeInCrypto.

New York AG secures up to $35 million from former Celsius CEO Alex Mashinsky
NY AG Letitia James secured up to $35M from ex-Celsius CEO Alex Mashinsky and a permanent ban from the securities and crypto industries.

UK Targets Cryptomus and TokenSpot in New Russia Sanctions Package
The package hits five crypto and payment platforms, two of which handled transactions with Russia’s A7 network, the UK government said.
Top Cryptographer Warns AI Could Break the Math Behind Crypto Wallets
Matthew Green warns AI-driven math breakthroughs could weaken the cryptography securing Bitcoin wallets. The post Top Cryptographer Warns AI Could Break the Math Behind Crypto Wallets appeared first on BeInCrypto.

ESMA seeks evidence tokenized collateral can be cashed out in crisis
ESMA is seeking industry feedback on the legal, liquidity and operational risks of tokenized collateral before deciding whether additional EU regulatory measures are necessary.

Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16
Thailand's SEC has limited initial crypto ETFs to bitcoin and ether, with new custody, exposure, and trading rules taking effect Oct. 16.