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Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
18.11.2021
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain...
Modders Fight GTA Lawsuit As ‘Definitive’ Bundle Crashes And Burns
17.11.2021
Attorneys representing the four defendants in Take-Two Interactive Software’s copyright infringement lawsuit against a group of Grand Theft Auto modders recently responded to the video game conglomerate’s complaint, flatly denying several allegations of wrongdoing. They also argue that their...
Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs
17.11.2021
Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate...
Miramax sues Tarantino over 'money grab' Pulp Fiction NFTs
17.11.2021
The film production company behind Pulp Fiction called Quentin Tarantino’s plans to make NFTs based on the film a “deliberate, premeditated, short-term money grab.”
Japan's Manga Piracy Crackdown Continues
16.11.2021
In 2019, there was a global manhunt for the manager of manga piracy site Manga-Mura. The manager, a Japanese citizen named Romi Hoshino, was arrested in Manila on copyright violation charges. In June 2021, he was found guilty, sentenced, and fined. If you thought that was the end of Japan’s piracy...
President Biden signs infrastructure bill into law, mandating broker reporting requirements
15.11.2021
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon
Law Decoded: Crypto cities, investor protection nation, Nov. 8–15
15.11.2021
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around
Woman Allegedly Made $57,000 By Selling Unofficial Demon Slayer...Cakes
15.11.2021
A 34-year-old resident of Tokyo’s Shibuya has been arrested on suspicion of violating Japanese copyright law after selling unlicensed Demon Slayer cakes. According to Kyodo News, the women sold the cakes through Instagram, with customers submitting their desired images to be turned into frosting...
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
13.11.2021
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to...
Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
13.11.2021
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists...
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Russian Duma creates working group to tackle crypto mining regulations
11.11.2021
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes
Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
10.11.2021
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian...
Fashion and Beauty Firm Vogue Singapore to Drop NFT Covers via Opensea
9.11.2021
On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only...
Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7
8.11.2021
The infrastructure bill has passed, much to the crypto community's chagrin, yet the key battles lie ahead
Russia to Change 13 Laws and Codes for Digital Ruble
8.11.2021
Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia...
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...
Brazilian federal deputy proposes crypto payment option for workers
7.11.2021
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies
Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI
6.11.2021
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement....
Animal Crossing’s New Night Owl Ordinance Isn't Good Enough
5.11.2021
Animal Crossing: New Horizons’ big-ass update dropped earlier than expected and while it introduces tons of new stuff, there’s one modest aspect players aren’t totally pleased with: island ordinances, and to be specific, that new Night Owl one.Read more