Commodity Futures Trading Commission Chairman Rostin Behnam defended legislation backed by both himself and former FTX CEO Sam Bankman-Fried, arguing on Monday that if his agency gains authority over ...
Tag: Legal
Chia Network Chief Legal Officer Thomas Chow to Speak at FT Global Banking Summit
Leading cryptocurrency legal expert to discuss how digital banking transformation, compliance, and regulation are changing the cryptocurrency game LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Chia Netwo...
Responsible AI Relishes Preeminent Boost Via AI Ethics Proclamation By Top Professional Society The ACM
Latest AI Ethics precepts as provided via a major computing profession association that carries some … [+] hefty weight. getty Did you see or hear the news? Another set of AI Ethics precepts has...
Argentina May Adopt BTC as Legal Currency, to Introduce Bitcoin bonds
El Salvador’s Economy Minister, Maria Luisa Hayem Brevé, has introduced a new Digital Assets Issuance Bill. The proposed legislation intends to create a National Digital Assets Commission to supervis...
South Korea To Change Its Legal Framework To Better Control Crypto Projects
On the heels of the Terra LUNA meltdown and the bankruptcy of FTX, authorities from South Korea are proposing new amendments to the Digital Assets Bill seeking greater control over cryptocurrency exch...
What Are The Legal Implications Of Investing In Cryptocurrency?
– Advertisement – Many countries and institutions have started accepting cryptocurrency into their financial systems as legal tender. This move follows an influx of investors buying into t...
Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets
The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The ruling body ...
Good Chance SEC Will Settle With Ripple To Avoid Exposing Hinman Documents, Says Legal Expert ⋆ ZyCrypto
Advertisement     The end of Ripple Labs’s legal battle with the U.S. Securities and Exchange Commission might be in sight, and the light at the end of the tunnel is a...
CFTC reportedly blew off legal requirement when serving Ooki DAO – crypto.news
The CFTC’s race to serve a lawsuit against Ooki DAO has sparked a backlash from crypto supporters. In their assessment, they claim the CFTC’s method of serving notice was illegal, claiming that member...
New York Governor Hochul signs moratorium on proof-of-work mining
New York Governor Kathy Hochul has signed a bill cracking down on crypto mining in the state. The bill imposes a two-year moratorium on new permits for proof-of-work mining operations that rely ...
FTX creditor information to remain confidential, at least for now
A federal judge granted a preliminary request to maintain the anonymity of creditors in the FTX bankruptcy case, but noted that more information on the company’s creditors could become public in...
CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters Claim
“The CFTC relies upon a razor-thin metaphysical distinction between the Ooki DAO and Ooki Protocol. According to the CFTC, the Ooki Protocol is software. In contrast, (per the CFTC) the Ooki DAO is ‘a...
Bankman-Fried, Golden State Warriors hit by lawsuit over FTX’s alleged false advertising
A new lawsuit looks to represent FTX’s international users using California’s laws against false advertising. In a case filed in a district court in San Francisco, Canadian citizen ...
Netherlands man arrested for allegedly laundering money with bitcoin
A man in the Netherlands was arrested for allegedly laundering money using bitcoin. Prosecutors claim there were links to trading on the dark web. The 42-year-old man, from the municipality of M...
Country in The Caribbean Will Make Bitcoin Cash Legal Tender in 2023
It seems like a Country in the Caribbean is following the footsteps of El Salvador. It is known that in 2021, El Salvador became the first country to accept Bitcoin as legal tender and allow consumers...
Three U.S. senators ask Fidelity to reconsider bitcoin exposure in retirement plans
Three U.S. senators have again asked Fidelity Investments to reconsider a decision to allow retirement plan participants to invest in bitcoin, saying the industry has become increasingly “volati...
Legal Personhood For AI Is Taking A Sneaky Path That Makes AI Law And AI Ethics Very Nervous Indeed
Should AI be granted legal personhood is perhaps being replaced with the fact that apparently AI can … [+] already garner legal personhood via a bit of corporate trickery. getty Would you like t...
Court sets Jan. 3 deadline for Celsius customers to file claims in bankruptcy case
The deadline for Celsius customers to file a claim in the company’s bankruptcy case is Jan. 3, 2023. The bankruptcy court handling Celsius’s case set Jan. 3 as the bar date, the last day credito...
St.Kitts and Nevis Plans To Adopt Bitcoin Cash as Legal Tender
11 seconds ago | 2 mins read Blockchain News Prime Minister Terrance Drew on November 12 during the Bitcoin Cash 2022 conference. A fork occurred in the Bitcoin network in 2017, producing Bitcoin Cash...
Saint Kitts and Nevis to Make Bitcoin Cash Legal Tender in 2023
The island country located in the Caribbean region – Saint Kitts and Nevis – plans to turn Bitcoin Cash (BCH) into an official payment method inside its borders by March next year. The announcement po...
‘Razzlekhan’ bitcoin laundering case to include classified information
The story of the “Razzlekhan” rapper who allegedly laundered billions in stolen bitcoin with her husband has taken another twist: The trial will include classified information. A district court ...
Sam Bankman-Fried’s legal team has dropped him amid FTX debacle
Another incident has been added to the drama that is unfolding with FTX. Founder Sam Bankman-Fried’s legal team has made the decision to withdraw their representation of him and the lawsuit as of toda...
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
A bill was introduced into the Russian State Duma, the lower house of parliament, on Nov. 17 that would legalize cryptocurrency mining and the sale of the cryptocurrency mined. Cryptocurrency cannot c...
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’ – Featured Bitcoin News
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organi...
Russian law legalises crypto mining, sales under ‘experimental legal system’
On November 17, a measure to legalise the mining of cryptocurrencies as well as the selling of the cryptocurrencies that have been mined was presented into the Russian State Duma, which is the lower c...
SBF Suffers Major Blow Ahead Of Legal Battle
Crypto News Today Live Updates November and Latest News: (19 November 2022) The global crypto market registered a decline on Saturday after witnessing a marginal recovery on the day before. However, F...
Bitcoin Cash legal in Saint Kitts and Nevis?
Saint Kitts and Nevis, an island state in Central America, is considering making Bitcoin Cash legal by March 2023. The good news comes from the Bitcoin Cash 2022 Conference held last Nov. 12 and 13, ...
FTX Group establishes Kroll to update users on legal proceedings – crypto.news
\n FTX Group has created a Kroll webpage to update the world on its legal proceedings after the company filed for Chapter 11 Bankruptcy. The webpage will be available for the public to access all offi...
FTX pitch deck projections not backed by ‘viable assumptions,’ legal expert says
As the list of venerable investment firms left with black eyes by FTX’s collapse grows longer by the day, The Block asked a legal expert to examine a 2020 pitch deck produced by the bankrupt crypto ex...