SEC crackdown on crypto staking in the US could boost decentralization
[May 2, 2023 7:34 AM] Recent regulatory actions have crypto staking providers in the United States on edge.
20 / 27 Relevant items tagged with #Law
Posts: 795
Posts
Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions
[May 1, 2023 2:02 PM] OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan and Syria to conduct digital asset trades, deposits and withdrawals between January 2014 and November 2019.
What the Gensler hearing means for US crypto regulation and policy
[May 1, 2023 7:56 AM] Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.
Liechtenstein adapts blockchain laws to developing crypto landscape
[May 1, 2023 4:14 AM] Future regulation is intended to ensure uniform regulation for all European countries and covered participants.
Tax law researchers propose IRS framework for deducting crypto losses
[Apr 28, 2023 1:15 PM] A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned.
Utah DAO Act: How the law was made and what it means for decentralized business
[Apr 27, 2023 7:07 AM] How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way.
South Korea’s sweeping crypto bill passes first regulatory hurdles
[Apr 26, 2023 12:20 PM] Legislators in South Korea passed a first-phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations.
Genesis settlement disrupted by new creditor demands, DCG says
[Apr 25, 2023 7:57 AM] Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy.
5 charged by DOJ over alleged crypto price manipulation scheme
[Apr 24, 2023 11:53 PM] Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.”
Judge approves taps on SBF’s parents’ phones to meet bail conditions
[Apr 24, 2023 6:59 PM] Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls.
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation
[Apr 23, 2023 3:30 AM] Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of…
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules
[Apr 21, 2023 8:00 AM] Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply…
'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
[Apr 20, 2023 3:40 PM] YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge's authority, tweeting pictures of himself on a beach during an ordered court appearance.
What’s next for EU’s crypto industry as European Parliament passes MiCA?
[Apr 20, 2023 7:51 AM] What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?
Midjourney, other AI devs strike back in court, claiming their material is not similar to artists
[Apr 20, 2023 4:20 AM] The response by the AI firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI.
Founder of collapsed crypto exchange Thodex detained in Turkey
[Apr 20, 2023 3:43 AM] Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations.
Lack of stablecoin regulation could push issuers out of US — Austin Campbell
[Apr 19, 2023 2:15 PM] Lawmakers didn’t reach a consensus between political parties on a stablecoin bill, with one witness warning that this lack of regulatory clarity could drive certain projects abroad.
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
US Attorney seeks 7-year sentence for exec in crypto shadow banking case
[Apr 18, 2023 9:46 PM] U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20.
US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'
[Apr 18, 2023 9:24 AM] Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing.
Crypto lender Babel gets extended creditor protection in Singapore
[Apr 18, 2023 2:49 AM] Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022.
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
[Apr 17, 2023 7:01 AM] Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
Do Kwon lawyers received $7 million before Terra collapse: Report
[Apr 15, 2023 2:20 AM] While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case.
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
[Apr 14, 2023 3:44 PM] James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
Arizona governor vetoes bill targeting taxes on blockchain node hosts
[Apr 13, 2023 4:01 PM] The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level.
San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee
[Apr 13, 2023 2:21 PM] Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack.
US court issues summons to Tron's Justin Sun, threatens default judgment if no response
[Apr 13, 2023 12:50 PM] The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities.
Judge orders YouTuber ‘BitBoy Crypto’ to appear and address alleged harassment
[Apr 13, 2023 10:45 AM] Ben Armstrong was ordered to appear in a Florida court to address allegations he threatened and harassed lawyers behind a class-action lawsuit against him and other crypto influencers.
First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
[Apr 13, 2023 7:01 AM] A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.
Bill limiting incentives for crypto miners passes Texas Senate, moves to House
[Apr 12, 2023 3:15 PM] Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13.