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UK gov't proposes crypto rules in response to scams


The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.”In an April 29 notice, the UK government announced draft rules for cryptocurrencies, including Bitcoin...

UK gov't proposes crypto rules in response to scams


The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.”In an April 29 notice, the UK government announced draft rules for cryptocurrencies, including Bitcoin...

Illinois Senate passes crypto bill to fight fraud and rug pulls


The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures.On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets...

Pokémon Lawsuit Took Palworld Team By Surprise, Says Dev


It’s been six months to the day since Nintendo and The Pokemon Company announced they were suing Pocketpair, the developer behind the “Pokemon with guns” survival game Palworld. After months of controversy surrounding the game’s various alleged Pokemon knock-offs a lawsuit seemed inevitable,...

Nebraska governor signs bill to regulate crypto ATMs, citing growing fraud


The governor of Nebraska, Jim Pillen, has signed legislation to protect against cryptocurrency fraud as crypto ATM crime skyrockets in the United States.“Cryptocurrency is an important, emerging industry, and we’ve been working hard to build Nebraska into a cryptocurrency leader,”...

Japan Approves Measures to Enhance User Protection in Stablecoin Market


Japan has approved new stablecoin regulations to increase collateral flexibility and improve user protection during bankruptcy proceedings. Japan Aims to Protect Users The Japanese Financial Services Agency (FSA) has approved measures to make stablecoin collateral management more flexible....

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