Coindesk
Crypto News Source: coindesk.com
Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator
The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken's operator in Australia, Bit Trade Pty Ltd, "contravened" with a section of the nation's Corporations Act.Source link
Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’
The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.Source link
R.I.P. Unhosted Wallet Rule
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal.Source link
From Chaos to Crypto: The Crecimiento Movement Igniting Argentina
A month-long pop-up in Buenos Aires is showing how crypto can potentially transform an economy from the bottom-up.Source link
CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos.Source link