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Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful


The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...

Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts


Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely...

Japan Adopts Legislation Establishing Legal Framework for Stablecoins


The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of...

Cardano’s Constant Declines Worries Investors; Will ADA Rise?


Cardano and its new-age potential to revolutionize the blockchain ecosystem despite the prices hitting historical lows, the growth of decentralized applications and wallets holding ADA has been exceptional. Cardano still holds the sixth position with a market capitalization of $19,586,384,613;...

Undervalued Metaverse Project Mars4 Is Preparing for New Releases


In the crypto industry, investors are always on the search for undervalued projects that have the greatest potential for increasing early investors’ returns. Finding these hidden gem initiatives just before noteworthy launches is an easy way to profit. Mars4 is one of these projects to keep...

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