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Rushing ‘token mapping’ could hurt Aussie crypto space — Fintech founder
23.9.2022
Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets."
UK gov't introduces bill aimed at empowering authorities' to 'seize, freeze and recover' crypto
22.9.2022
King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow
UK Introduces Law to Seize, Freeze and Recover Crypto
22.9.2022
The Economic Crime and Corporate Transparency bill is designed to make it easier for law enforcement agencies to seize, freeze and recover crypto assets when used for criminal activities such as money laundering drugs and cybercrime
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon
22.9.2022
Major government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will soon be filed with the State Duma, a high-ranking member of the house unveiled. Financial...
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist
22.9.2022
There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury
SEC Wants to ‘Remake the Law,’ Rather Than ‘Apply it,’ Says Ripple General Counsel
21.9.2022
After two years of ongoing litigation, Stuart Alderoty, general counsel at Ripple, joined CoinDesk TV’s “First Mover” to discuss why it could mark “the beginning of the end,” as the SEC’s efforts to identify any contract of investment appear to have fallen short
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
21.9.2022
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens
Tether says new court order to produce USDT reserve backing is a 'routine discovery matter'
21.9.2022
The issue deals with a lawsuit that has been ongoing since October 2019
Tornado Cash is the latest chapter in the war against encryption
21.9.2022
Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
20.9.2022
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into...
Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed
20.9.2022
Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele that...
DeFi platform sees strong interest in halal-approved crypto products
20.9.2022
Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies
White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19
19.9.2022
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible
The crypto industry can trust Cynthia Lummis to get regulation right
19.9.2022
The senator has a proven track record when it comes to cryptocurrency and issues such as privacy rights. Her proposal to regulate the industry is one that crypto enthusiasts can get behind
South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report
19.9.2022
According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities
19.9.2022
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise...
Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law
18.9.2022
Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law....
Read More: Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
17.9.2022
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency....
Possession of Bitcoin still legal in China despite the ban, lawyer says
16.9.2022
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto
Crypto for foreign trade: What do we know about Iran’s new strategy
15.9.2022
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto