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Nalezeno "Law": 4752

Pakistan launches new laws to expedite CBDC launch by 2025

5.12.2022
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years

Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....

Chinese court says NFTs are virtual property protected by law

5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs

Regulators face public ire after FTX collapse, experts call for coordination

4.12.2022
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility

South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon's former associates

2.12.2022
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform

3AC bankruptcy process faces challenges amid unknown whereabouts of founders

2.12.2022
The liquidators claim Zhu Su and Kyle Davies are located in Indonesia and the Emirates, where foreign court orders are difficult to enforce

New York proposes to charge crypto companies for regulating them

2.12.2022
The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls

Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out

1.12.2022
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating...

Sen. Warren: Biden administration worked to stop crypto being 'dangerously intertwined' with banks

30.11.2022
The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking

EU’s MiCA Law May Have an FTX-Shaped Loophole

30.11.2022

EU’s MiCA Crypto Law Would Have Stopped FTX Malpractice, Officials Say

30.11.2022
Some lawmakers worry if the upcoming crypto regulations are tough enough to stem wider structural problems in the industry

Brazil passes law to legalize crypto as a payment method

30.11.2022
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted

First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28

29.11.2022
New York governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren’t based on 100% renewable energy

Loot Boxes Would Be For Adults Only If Australian Bill Passes

29.11.2022
Following the example set by governments in places like Belgium and the Netherlands, an Australian politician has put forward a bill that would, if passed into law, massively restrict the use of loot boxes in video games aimed at children.Read more

Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases

28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...

Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry

28.11.2022
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that...

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...