A US federal judge allowed Dolce & Gabbana USA to escape a class-action lawsuit over an NFT project launched by its Italian parent company. Source: cointelegraph.com (Read Full Article)
OpenSea CTO outlines token trading vision for moving beyond NFTs
OpenSea’s strategic pivot comes as NFT volumes have declined in five straight quarters. Source: cointelegraph.com (Read Full Article)
Kazakhstan wealth fund, gold, FX reserves to be invested in crypto — Report
Kazakhstan’s central bank is drawing on lessons from Norway, the US and Middle East in developing its crypto strategy. Source: cointelegraph.com (Read Full Article)
Coinbase seeks public records from Oregon gov’t on crypto ‘flip-flop’
Known by many in the industry for filing records requests with the US government over crypto policies, Coinbase has filed a lawsuit against Oregon state officials. Source: cointelegraph.com (Read Full Article)
Congress opens crypto bill debate with claims of ‘GOP giveaway’ to industry
Discussions in the House Committee on Rules opened with crypto bills, but quickly shifted to the Department of Defense Appropriations Act. Source: cointelegraph.com (Read Full Article)
US Federal agencies outline key risks for banks eyeing crypto custody
One risk facing banks that custody crypto is the potential for liability if crypto assets are lost, according to three US financial agencies. Source: cointelegraph.com (Read Full Article)
Unauthorized crypto trading now carries 2 years of prison in Hungary
Hungary has updated its Criminal Code, imposing potential prison sentences for those using or running unauthorized crypto exchanges. Source: cointelegraph.com (Read Full Article)
LA sheriff deputies admit to helping crypto ‘Godfather’ extort victims
The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles. Source: cointelegraph.com (Read Full Article)
South Korean court clears Wemade ex-CEO in Wemix manipulation case
After nearly a year of legal proceedings, a South Korean court acquitted former Wemade CEO Jang Hyun-guk of market manipulation charges. Source: cointelegraph.com (Read Full Article)
Ripple confirms intention to pursue MiCA license for EU expansion
Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area. Source: cointelegraph.com (Read Full Article)