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Court rules in favor of HelbizCoin investors, class lawsuit to go ahead

4.9.2023
A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws

Tornado Cash Founders Accused, Court Rules in Favor of Grayscale Against SEC, and More — Bitcoin.com News Week in Review

3.9.2023
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypto asset manager Grayscale against the United...

Biden’s Regulators Urged to Work With Congress on Crypto Regulation

1.9.2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s...

LBank’s $PINS IEO Ends with 51,556,343 USDT in Investments, PINs Network (PINS) will be listed in the LBank Innovation Zone

31.8.2023
PRESS RELEASE. LBank recently concluded its Initial Exchange Offering (IEO) for the PINs Network project. The event secured a total investment of 51,556,343 USDT from 34,587 participants. This development followed a period of increased activity on LBank, largely due to the IEO’s specific...

Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong

31.8.2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step...

MiCA: The good, the bad and the ugly of the EU’s crypto rules

30.8.2023
The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States

US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry

30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...

Court Rules in Favor of Grayscale Against SEC in Bitcoin ETF Conversion Lawsuit

29.8.2023
A D.C. court has ruled in favor of Grayscale, the largest crypto asset manager, in its lawsuit challenging the U.S. Securities and Exchange Commission’s decision to deny the conversion of GBTC to a spot bitcoin exchange-traded fund (ETF). The securities regulator “failed to explain its different...

SEC Must Review Grayscale's ETF Bid After Previous Rejection, Appeals Court Rules

29.8.2023
A federal appeals court ordered the SEC to "vacate" its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund

New tax rules for crypto in the US: Law Decoded

28.8.2023
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers

Crypto community reacts to Biden's proposed crypto tax reporting rules

27.8.2023
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States

IRS releases draft of proposed reporting rules for digital asset brokers

25.8.2023
House Financial Service Committee chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.”

Tornado Cash indictment fails to show 'clear violation' of certain laws: Coin Center

24.8.2023
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter

EU Data Act smart contract ‘kill switch’ brings uncertainty

23.8.2023
EU lawmakers have reached a political consensus on the Data Act that has a “kill switch” for smart contracts, causing an uproar in the crypto community

Hands-On: Persona 5’s Tactics Spin-off Changes Everything, And It Rules

23.8.2023
After spending time with Persona 5 Tactica, the upcoming tactics-based spin-off reuniting the Phantom Thieves for another adventure, I’m intrigued by how P-Studio has recontextualized long-time mechanics for a different subgenre. I got hands-on time with the game alongside a separate demo...

Hands-On: Persona 5’s Tactics Spin-off Changes Everything, And It Rules

US judge rules in favor of human ingenuity, denies copyright for AI art

20.8.2023
This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property

OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know

18.8.2023
The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections. Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform. Instead, OpenSea...

Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says

17.8.2023
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway

PayPal Halts Crypto Sales in U.K. Until 2024 to Comply With New FCA Rules

16.8.2023
Online payment giant PayPal said it will temporarily pause crypto buying services in the UK to comply with the recent new rules for marketing cryptoassets enacted by the UK Financial Conduct Authority (FCA). In a message to its customers on Tuesday, PayPal said that the crypto sales would pause...