“We are pleased with the court’s thorough and well-reasoned decision to remove Roche Freedman LLP as interim class counsel,” a Bitfinex spokesperson told Decrypt in an email. “Roche ...
Tag: Law
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether – Bitcoin News
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit agai...
UK government teases electronic trade document law 1
The UK government has announced new legislation to legalize digital trade documents, eliminating the need to hold a papered one. This points to the fact that the government has plans to establish a bl...
Supreme Court Voices Concern Over California Humane-Pork Law
(Bloomberg) — US Supreme Court justices worried aloud about the implications of a new California humane-pork law, asking whether it might open the way for other states to try to impose their mor...
AI Ethics And AI Law Weighing Key Ways To Implement That Recently Released AI Bill Of Rights Including And Astonishingly By Using AI Outrightly
We need to think mindfully about how to implement that newly released AI Bill of Rights. getty There is little doubt that we need blueprints in our daily lives. If you are going to build that long-env...
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country – Mining Bitcoin News
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legisla...
Double Standard Securities Law for Celebrity Crypto Endorsement
On October 3, 2022 the U.S. The Securities & Exchange Commission announced charges against Kim Kardashian for promoting a cryptocurrency without specifying the paid promotion. Later on, the actres...
It’s legislation season in the EU: Law Decoded, Oct. 3–10
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. Last week, the European Union appeared to be rather busy with making decisions that...
AI Ethics And AI Law Asking Hard Questions About That New Pledge By Dancing Robot Makers Saying They Will Avert AI Weaponization
What will happen if those fun-looking dancing robots become weaponized? Getty Images You might have perchance last week seen in the news or noticed on social media the announced pledge by some robot m...
Norway announces changes to its crypto tax law 1
Norway has announced that it is looking into plans to reverse an earlier decision regarding crypto tax in the country. According to several sources from the country, the Norwegian government is finali...
Ripple Protests SEC’s Move To Block Third-Party Evidence, Says Regulator Mischaracterizing Law in XRP Lawsuit
Ripple Labs is protesting the U.S. Securities and Exchange Commission’s (SEC) move to block third-party evidence in the lawsuit the regulatory agency filed against them. According to evidence procured...
AI Ethics And AI Law Are Moving Toward Standards That Explicitly Identify And Manage AI Biases
Latest NIST standard is on the look for AI biases and how we will find them and manage them. getty Have you ever played fifty-two card pick-up? It is not a game that you would normally willingly under...
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commod...
Will EY Law Change The Legal Delivery Paradigm?
Digital generated image of abstract twisted stripped green and yellow shapes showing evolution and … [+] progress on beige background. getty EY’s leadership recently green lighted a major restru...
How Binance is Training Law Enforcement Around the World to Combat Crypto Crime
Fighting crypto crime starts with fighting the many misconceptions that have built up around it. Like the idea that cryptocurrency transactions are untraceable and anonymous, for example, and that the...
U.S. Regulators Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity
SEC and CFTC are working together to regulate the crypto space Gensler admitted that bitcoin is a commodity BTC Price at the time of writing – $19,232.87 Both the Securities and Exchange Commission (...
Binance to Train Law Enforcement on How to Stop Crypto Crime
“It’s important to have law enforcement have the ability to investigate these crimes, and one of the ways you do that is [by] demystifying crypto,” Price said. “Explaining how to investigate it, how t...
SEC Chair Gensler Says Law For Crypto Is Clear, Most Tokens are Securities
– Advertisement – SEC Chair Gary Gensler believes most crypto tokens promoted in the investment space are securities. The U.S. Securities and Exchange Commission is well-known for its prac...
We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity – Regulation Bitcoin News
The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or...
Fast food giants pump millions into ‘Save Local Restaurants’ coalition fighting California wage law
Big restaurant chains have seen California’s new fast food wage law and they want that order canceled. The “Save Local Restaurants” coalition, which opposes the state’s FAST Recovery Act, said Friday ...
Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam
India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on ...
EU Lawmaker Want Anti-Money Laundering Law to Apply to Crypto
The EU Lawmakers released a draft that referred to money laundering through Metaverse, DeFi, and NFTs. An issuing compromise may subject those who govern decentralized autonomous organizations (DAOs) ...
Paraguay Senators Reject President’s Bitcoin Mining Law Veto
Paraguayan lawmakers this week rejected the president’s veto of a major Bitcoin mining regulation bill. A total of 33 senators on Wednesday voted to reject President Mario Abdo Benitez’s decision to ...
‘QQL has made its own law’
NFT platform X2Y2 hit back at the creators of QQL a day after the popular NFT project effectively blacklisted its holders from interacting with the marketplace, saying it’s acting like the musi...
Kazakhstan Presents First Draft Law on Crypto Mining
Kazakhstan is looking to regulate and welcome the cryptocurrency industry as it recently presented its first draft law on cryptocurrencies. The Central Asian nation’s recent draft law which seeks to p...
Kazakhstan Is All Set To Legalize Crypto In The Country As It Drafts Its First Crypto Law
The future of the crypto sphere looks promising as countries around the world are taking a forward step toward legalizing and welcoming the crypto industry. This time it is Kazakhstan’s central author...
Russia agrees on draft crypto mining law in energy-rich regions
Russian authorities have resorted to working on regulatory clarity that will affect the country’s crypto mining space, spelling out conditions operators must adhere to. Indeed, the Bank of Russia, al...
Russia agrees on draft crypto mining law only allowing mining in energy-rich regions
Russian authorities have resorted to working on regulatory clarity that will affect the country’s crypto mining space, spelling out conditions operators must adhere to. Indeed, the Bank of Russia, al...
Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA
The law would also see the use of many stablecoins limited to 1 million transactions per day. A compromise that would see that figure only capturing real-world payments rather than trading activity is...