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Japanese Regulator Wants to Amend the Nation’s Crypto Law

8.3.2022
A batch of new crypto regulations is incoming in Japan – where the nation’s top financial and crypto regulator has put forward legal amendments to payments-related legislation. The proposals were made by the Financial Services Agency (FSA), which has proposed making alterations to two existing...

Pokémon Card Fraudster Sentenced To Three Years In Prison

8.3.2022
Last year a Georgia man was charged by federal prosecutors after allegedly lying to apply for a Covid disaster loan, then turning around and spending it on a single Pokémon card. He has now admitted his guilt and been sentenced to prison.Read more

European Parliament will hold vote on crypto bill without PoW provision

7.3.2022
"Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector," said Stefan Berger

Parents Sue Call Of Duty Maker, Alleging Sexual Harassment Led To Daughter’s Suicide

7.3.2022
Parents of an Activision Blizzard employee who died by suicide on a 2017 work retreat at Disneyland are now suing the Call of Duty publisher alleging workplace sexual harassment contributed to their daughter’s wrongful death. Activision Blizzard had previously dismissed the tragedy as having...

FCA reiterates power to 'suspend or cancel' crypto firms' registrations following Bifinity concerns

7.3.2022
Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership

Law Decoded: Crypto in times of war, Feb. 28–Mar. 7

7.3.2022
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too

Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine

5.3.2022
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council...

Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation

5.3.2022
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year

Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset

4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

3.3.2022
As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice...

UK financial watchdog is investigating 50 unauthorized crypto firms

3.3.2022
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams."

EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers

2.3.2022
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire

EU Data Act Proposes Shutdown Function for Smart Contracts

2.3.2022
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function...

Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees

2.3.2022
Airbnb confirms that it is looking to support cryptocurrency. The company has also offered to provide housing for up to 100,000 Ukrainian refugees. According to the European Union, about four million people may try to leave Ukraine because of the Russian invasion. Airbnb’s CEO Discusses...

South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

2.3.2022
South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.... Read More: South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

SEC to Crypto Companies: There Are Benefits to Self-Reporting Violations and Working With Us

1.3.2022
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their...

Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’

1.3.2022
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from...