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Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay
20.12.2021
A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could...
Bitcoin book for American policymakers gets 5x funding on Kickstarter
19.12.2021
With this book, Jimmy Song and a group of seven writers intend to reduce the policymaker's reliance on traditional media's narrative on Bitcoin and cryptocurrencies
Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets
18.12.2021
The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital...
Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade
17.12.2021
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange...
Senate hearing on stablecoins: Compliance anxiety and Republican pushback
17.12.2021
As stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles
Illegal Crypto Miners Threatened With Jail Time in Russia
17.12.2021
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...
New Cryptocurrency Bill Advances to Senate in Brazil
17.12.2021
A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central...
CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million
17.12.2021
This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more
Beijing court rejects monetary compensation in Bitcoin mining contract plea
16.12.2021
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment
Ukrainians Offered New Crypto Services, Bitcoin Cards
16.12.2021
Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores...
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
16.12.2021
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That Role’
14.12.2021
A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance...
Law Decoded: A different Congress hearing, Dec. 6–13
14.12.2021
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Crypto market eyes recovery ahead of key US inflation data release
10.12.2021
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
10.12.2021
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities....
UK politicians say cryptocurrency is ‘not an investment’
9.12.2021
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements
Indian trade group recommends ‘special class security’ status for crypto
9.12.2021
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market
Puerto Rico wants to combat corruption with blockchain technology
9.12.2021
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week
Sexually Harassed Activision Blizzard Employee Holds Press Conference To Demand Apologies, Money
8.12.2021
Today, a woman named Christine who works at major game publisher Activision Blizzard held a press conference with her lawyer Lisa Bloom to describe the sexual harassment she experienced at the company. This is the latest in the ongoing battle between Activision Blizzard and its employees...