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India Supreme Court Asks Government Why Crypto Still Isn’t Regulated


India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged...

India’s Supreme Court urges government to regulate cryptocurrency


India’s Supreme Court has questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the growing use of Bitcoin...

India’s Supreme Court urges government to regulate cryptocurrency


India’s Supreme Court questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to the Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the increasing use...

Australian court ruling could lead to $640M in Bitcoin tax refunds


A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...

Australian court ruling could lead to $640M in Bitcoin tax refunds


A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that...

Russian Court Orders Detention of Crypto Game Co-Founder on Fraud Charges


Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal...

Ripple says latest ruling does not affect its legal victory


Ripple’s legal chief said a US court’s rejection of a proposed XRP settlement with the Securities and Exchange Commission (SEC) does not pose a threat to Ripple’s win.Judge Analisa Torres of the US District Court for the Southern District of New York rejected a joint Ripple-SEC...

Sonic Labs Wins Court Order to Liquidate Multichain Foundation


Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court...

Ripple Confirms XRP Victory Stands as SEC Deal Collapses in Court


XRP’s regulatory clarity remains rock-solid as Ripple’s legal chief confirms its non-security status is untouched, even after a court setback stalls a proposed SEC deal. Ripple Legal Chief Defuses Panic After Court Rejects SEC Deal Over XRP Ripple’s chief legal officer, Stuart Alderoty, addressed...

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era


The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...

Mashinsky’s 12-year sentence sets tone of enforcement in Trump era


The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service...

India’s Top Court Slams Lack of Crypto Regulation, Links Bitcoin to Hawala


India’s top court just ignited a regulatory firestorm, slamming bitcoin trading as refined Hawala and blasting government delays that leave the crypto market in legal limbo. Indian Supreme Court Calls Bitcoin Refined Hawala, Decries Absence of Regulatory Framework The Supreme Court of India...

Coinbase Fights IRS at Supreme Court Over 500K User Data Demand


Coinbase is taking its fight for digital privacy to the highest court, urging the Supreme Court to dismantle mass surveillance powers threatening the future of crypto freedom. Coinbase Asks Supreme Court to Strike Down Digital Dragnet in Crypto Crackdown Crypto exchange Coinbase (Nasdaq: COIN)...

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