Crypto collapse: SEC brings regulatory clarity to Kraken and Celsius, stablecoins for the UK, crypto money laundering

Amy and I have another news roundup! It’s over at Amy’s. [Amy Castor]

In this edition:

  • The SEC helpfully hits Kraken with a hammer marked “regulatory clarity”;
  • Celsius Network’s plan to transition to a NewCo falls afoul of the SEC needing proper accounts for pre-bankruptcy Celsius — and their QuickBooks and Google spreadsheets aren’t quite sufficient;
  • North Korea’s man in Spain is arrested over money laundering;
  • The FCA advocates a very odd plan for regulated UK stablecoins;
  • Bitfinex definitely doesn’t have a data leak of any significance whatsoever!


Kraken founder Jesse Powell in a random tie he found out on a road somewhere.

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