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crypto news
The heads of the world's top 20 economies, jointly referred to as the G20, are advocating for the swift adoption of a cross-border framework for cryptocurrency assets. 
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Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), has suggested that the regulatory authority overseeing derivatives markets in the United States should establish a restricted pilot initiative for cryptocurrency regulation.
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The Senate Committee on Economic Legislation has issued a recommendation against the approval of Senator Andrew Bragg's Digital Assets (Market Regulation) Bill 2023. The committee officially communicated this decision on September 4, advising the government to continue its research on the subject rather than enact the proposed legislation.
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Hashdex's strategy sets it apart from recent submissions, as it will not rely on the Coinbase surveillance sharing arrangement. Instead, the company chooses to obtain spot Bitcoin from physical exchanges operating within the CME market.
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The CEO of Independent Reserve, Adrian Przelozny, has announced a strategic partnership with PayPal to counteract the growing limitations imposed by traditional banks on cryptocurrency exchange transactions in Australia.
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In a motion submitted last Friday, Coinbase is urging a judge to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) against the company. 
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According to the SEC, Richard Heart conducted three distinct unregistered securities offerings, amassing a total of more than $1 billion in funds.
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Celsius Network, a cryptocurrency lender that faced bankruptcy, has successfully reached two settlements that pave the way for the potential return of assets to customers and the conclusion of its bankruptcy proceedings.
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Based on court documents, the SEC has indicated it is currently "exploring various available options for further examination" regarding the recent ruling.
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Prosecutors claim that the founder deceived investors, leading them to invest billions of dollars into the cryptocurrency lending platform.
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