Justice Department to Announce Major International Crypto Enforcement Action
Policy
The U.S. Justice Department plans to announce a major international cryptocurrency enforcement action at noon ET on Wednesday.
The press conference will be led by Deputy Attorney General Lisa Monaco, and other speakers will include Assistant Attorney General Kennth Polite, Jr. of the Justice Department's criminal division, U.S. Attorney Breon Peace of the Eastern District of New York, the FBI's Associate Deputy Director Brian Turner and the Treasury Department's Deputy Secretary Wally Adeyemo.
This is a developing story.
UPDATE (Jan. 18, 15:16 UTC): Added details on speakers.
Related news
Policy
Nov. 22, 2024
Trump Reportedly Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary
U.S. President-elect Donald Trump is close to naming hedge fund manager Scott Bessent, a cryptocurrency enthusiast, as his pick for Treasury Secretary, according to Bloomberg and other media outlets. If the Senate confirms him, the next person...
Policy
Nov. 22, 2024
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
The sudden resignation announcement of a second Democrat from the U.S. Securities and Exchange Commission, Jaime Lizárraga, could give Republicans a boost as they start work changing the agency's policy direction. Lizárraga's announcement comes...
Policy
Nov. 22, 2024
Polymarket Blocks French Users Amid Gambling Inquiry
Polymarket blocked French users on Friday, weeks after reports that the country's government was investigating the prediction markets juggernaut for gambling law compliance. The ban was not reflected in Polymarket's terms of service at press tim...
Policy
Nov. 22, 2024
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K. plans to draft a regulatory framework for the crypto industry by early next year, Economic Secretary Tulip Siddiq said at a conference. The rules will apply to stablecoins and staking services and will end months of uncertainty for the...
Policy
Nov. 22, 2024
Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department. Includ...
Policy
Nov. 21, 2024
Bitwise Joins Mounting Race for Solana ETF
Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States. Paperwork filed with the Securities and Exchange Commission (SEC) makes Bitwise the fourth investments company vyi...
