In a significant development that indicates that the Indian government may not fully chime with the central bank’s overly hostile stance against cryptocurrencies, a junior minister explained that such...
Tag: laws
US lawmakers propose laws protecting bitcoin mining
Mississippi and Missouri lawmakers have introduced bills to protect and encourage bitcoin (BTC) mining operations and node operators in their states. Legal protection for bitcoin (BTC) mining Legislat...
SEC says Mango Markets attacker stole $116M, violated securities laws
The U.S. Securities and Exchange Commission (SEC) has charged Mango Markets attacker Avraham Eisenberg, according to a Jan. 20 press release. The regulator accused Eisenberg of manipulating the MNGO c...
Supreme Court justices questioned in abortion leak probe
Anti-abortion demonstrators take part in the annual “March for Life” for the first time since the U.S. Supreme Court overturned Roe v Wade abortion decision, in Washington, January 20, 202...
Philip Esformes, whose prison sentence Trump commuted, loses appeal
Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...
Trump drops lawsuit against New York Attorney General James
Former President Donald Trump stands on the 18th green during the Pro-Am tournament before the LIV Golf series at Trump National Doral, Oct. 27, 2022. Jasen Vinlove | USA Today Sports | Reuters Former...
Did XRP Sales Violate Securities Laws? Judge Could Declare Verdict As Soon As June ⋆ ZyCrypto
Advertisement     Optimistically speaking, Ripple chief Brad Garlinghouse thinks the long-drawn-out battle between his company and the United States Securities and Exc...
Thai SEC issues crypto custody provider laws
The SEC is willing to introduce new crypto laws related to crypto custody services. The securities regulator of Thailand requires crypto custodians to have contingency plans for emergencies. On ...
Pay transparency laws usher in baffling pay ranges in job postings
The biggest shortcoming so far of new state salary transparency laws is preposterously wide pay ranges, often covering more than a six-figure span. For instance, the base pay range for a database engi...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...
George Santos Will Be Booted From House If He Broke Campaign Finance Laws, GOP Oversight Chair Says
Topline Rep. George Santos (R-N.Y.)—who has refused to resign despite admitting to fabricating significant parts of his resume—will be ousted from Congress if he is found to be in violation of campaig...
Here’s How Genesis and Gemini May Have Violated The Crypto Securities Laws
The U.S. Securities and Exchange Commission (SEC) has filed charges against Genesis Global Capital LLC and Gemini Trust Company LLC for unlawfully offering securities to a large number of investors th...
UK PM Sunak seeks ‘constructive’ talks with unions amid new anti-strike laws
LONDON, Jan. 6: UK Prime Minister Rishi Sunak speaks to the media as he visits Harris Academy in Battersea. Henry Nicholls – WPA Pool/Getty Images LONDON — U.K. Prime Minister Rishi Sunak is pre...
ECB Officials Want To Monitor Crypto Under Gambling Laws
In an official blog post, the European Central Bank (ECB) has urged that cryptocurrency users should be given protection under online gambling laws. The crypto crash of 2022 has been devastating for t...
ECB Official Says Crypto Must Fall Under Online Gambling Laws
European Central Bank (ECB) executive Fabio Panetta says the bank should regulate crypto assets under online gambling laws. He believes crypto is fundamentally speculative and should be treated as suc...
Chinese court says laws will not protect P2E game investments
The Shanghai Qingpu court in China declared that investments in cryptocurrency-powered play-to-earn (P2E) games are not legally protected. The judgement came after the plaintiff, Li Xiang 2021, inves...
South Carolina Supreme Court overturns state abortion ban
The South Carolina Supreme Court on Thursday overturned the state’s ban on abortion after around six weeks of pregnancy, ruling that the law violated the state’s constitutional right to pr...
How laws for digital assets changed in 2022
Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the cryp...
Israel Could Include Crypto Into Existing Country Laws
The Israel Securities Authority (ISA) could amend three of its existing monetary laws to squeeze in cryptocurrencies. The regulator’s proposals seek to grant investors maximum security when dealing w...
Sam Bankman-Fried pleads not guilty as FTX task force created
The Manhattan U.S. Attorney’s Office said Tuesday it had created an FTX Task Force to trace and recover assets of victims of the cryptocurrency exchange firm’s collapse and to handle inves...
One Trump tax return was audited by IRS audit, report says
Only one of Donald Trump‘s annual federal income tax returns began being audited by the IRS when he served as president, despite the agency having a policy dating to 1977 of conducting mandatory...
Adam Schiff Says Trump Violated ‘Multiple’ Laws On January 6, But Declines To Say What Charges He Should Face
Topline Rep. Adam Schiff (D-Calif.) said the House Committee investigating the January 6 Capitol riot has uncovered evidence that warrants criminal charges against former President Donald Trump, but w...
Incoming FCA Chief Calls For Tougher Crypto Laws
The incoming chairperson of the UK’s Financial Conduct Authority (FCA) stated that under his leadership, the crypto industry would have to face a lot more scrutiny and regulation. “Crypto Facilitates...
Curacao’s New Gambling Laws Will Allow Cryptocurrency Payments
The Government of Curacao will be running a tight ship on the cryptocurrency casino front starting no later than Q2 2023. The big news dropped on 15 November of this year (2022) was met with mixed fee...
FTT investors’ claims to be investigated for securities laws violations
To help out the recently duped investors of FTX Tokens (FTT), shareholder rights litigation firm — Schall Law Firm — has taken up the task of investigating the investors’ claims against FTX for violat...
EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws
“Recent events have highlighted once again the importance of having adequate regulation of crypto markets” to protect client assets and the wider economy, McGuinness, commissioner for financial servic...
FTX CEO Sam Bankman-Fried hit with campaign finance complaint
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wedne...
Hong Kong to subject crypto exchanges to the same laws governing TradFi
The legislative council of Hong Kong has amended its anti-money laundering (AML) and counter-terrorist financing (CFT) financing system to include virtual/crypto asset service providers. The legislati...
Trump Organization, owned by Donald Trump, convicted in tax fraud case
Two subsidiaries of the Trump Organization were convicted Tuesday by a jury in New York City of multiple crimes, including tax fraud, falsifying business records and conspiracy. The guilty verdicts on...
NFTs are protected by property laws: Chinese courts rule
Non-fungible tokens (NFTs) are legally-recognized property, according to one Chinese court. According to a recent local report, the Hangzhou Court of China stated that NFTs feature value, scarcity, co...
Pakistan launches new laws to expedite CBDC launch by 2025
Regulators worldwide see central bank digital currencies (CBDCs) as a way to enhance fiat capabilities by inheriting the financial prowess of technologies that power cryptocurrencies. Pakistan joined ...