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Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice

25.6.2022
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire...

Albania to Start Taxing Crypto-Related Income From 2023

25.6.2022
Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania Set...

Here's How To Add U.S. Supreme Court Justices To Minecraft For No Reason At All

24.6.2022
Minecraft is still one of the biggest games in the world more than a decade after its launch. At the same time, the justices of the United States Supreme Court are all over the news lately. It’s a no-brainer: Let’s put those judges in Minecraft!Read more

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

24.6.2022
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms...

Former Chancellor says UK is falling behind on crypto opportunity

24.6.2022
The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading

Seven Minutes From American Arcadia: It's Like The Truman Show, But They’re Trying To Kill You

23.6.2022
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Canadian regulator takes enforcement actions against Bybit and Kucoin

22.6.2022
"Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions," said the OSC

Read This Before You Break Up Over Video Games

22.6.2022
Video games provide an opportunity for team building, relaxation, and vicarious experiences you couldn’t have anywhere else, but for couples where one person is more interested in them than the other, video games might only produce the inconvenient question: should we break up? In a relationship...

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

21.6.2022
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still...

Colombia's new president seems to be a fan of Bitcoin

21.6.2022
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia

Law Decoded, June 13–20: Celsius exodus and liquidity crisis

21.6.2022
American platform became the first one to freeze the withdrawal operations, but might not be the last

Chinese court invalidates 2019 car sale made using now worthless crypto token

20.6.2022
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors

19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...

President of Panama Partially Vetoes Crypto Law Passed by National Assembly

18.6.2022
Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will...

Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC

18.6.2022
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would...

Elon Musk Faces $258 Billion Lawsuit Over Alleged Dogecoin Pyramid Scheme

17.6.2022
Infamous internet clown and horrible SNL host Elon Musk and his two large companies, Tesla and SpaceX, are facing a ludicrously large $258 billion lawsuit over…uh…Dogecoin. As I’ve said before, 2022 is just a wild year of headlines. Read more