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Ripple files motion to expose XRP holdings of SEC employees
30.8.2021
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings
Mining Hardware Thief Gets 3-Year Sentence in Russia
30.8.2021
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining...
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
27.8.2021
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang
Binance lawsuit: Claimants mount up in arbitration for decentralization
27.8.2021
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date
Blizzard Is Changing McCree's Name In Overwatch Amid Lawsuit
26.8.2021
Blizzard announced today on Twitter that it will be renaming Jesse McCree and delaying the start of Overwatch’s next story arc. The change comes after the real-life developer the cowboy character was named after was let go from the company during the course of the ongoing fallout around...
'Don't kill crypto' billboard goes up in Alabama in advance of House tackling infrastructure
26.8.2021
"We want members of Congress to know that we'll be watching them and that we won't let them hide from their positions on this," said Evan Greer
Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers
26.8.2021
The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last...
Bitcoin ATM operators set up association to counter money laundering
26.8.2021
“Many BTM operators feel that merely asking for a cell phone number is enough due diligence to absolve them of their mandated KYC requirements,” a Coinsource exec said
Kyrgyzstan reportedly introduces regulations for crypto exchanges
25.8.2021
The new regulatory framework aims to bring the legal status to cryptocurrency exchanges in Kyrgyzstan
South Korea Abolishing Controversial Gaming Shutdown Law
25.8.2021
After ten years, South Korea is banning its “shutdown law” that banned children under the age of sixteen years old from playing video games for a six-hour block after midnight.Read more
California Accuses Activision Blizzard Of Shredding Abuse Evidence
25.8.2021
The state of California recently expanded its discrimination lawsuit against Activision Blizzard, Axios reports. In addition to suing the massive gaming conglomerate over its culture of harassment and abuse toward female employees, the Department of Fair Employment and Housing is now also looking...
Binance denies allegations of market manipulation
23.8.2021
The exchange hinted of legal action against "FUD-peddlers and individuals with malicious intent" threatening its business interests
CFTC commissioner says agency has broad enforcement authority on crypto derivatives
23.8.2021
"A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority," said Dawn Stump
Chinese Court Says Crypto is ‘Not Protected By Law’
23.8.2021
In a landmark ruling that could shake China’s crypto scene, the Supreme Court of the Shandong province has ruled that cryptocurrency “was not protected by law” after deliberating on a case that involves a potential fraud related to the purchase of tokens, as reported by The South China Morning...
Crypto ‘not protected by law,’ rules provincial high court in China
23.8.2021
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens
Minting, distributing and selling NFTs must involve copyright law
22.8.2021
Nonfungible tokens would be problematic without the validation and verification of copyright ownership in the NFT-minting process
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Swedish gov't pays out $1.5M in Bitcoin to convicted drug dealer
20.8.2021
The Swedish prosecutor had argued in court that the man should be stripped of his illicitly-earned Bitcoin at the equivalent value in fiat currency at the time of his conviction
Canadian regulator alleges OKEx operator violated securities law
19.8.2021
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets
RuneScape Composer Jailed For Sexual Assault Of Preteen Girl
19.8.2021
Ian Taylor, the composer behind much of the music for free-to-play MMO RuneScape, was sentenced today by the Peterborough Crown Court in England to 22 months in prison after admitting to drunkenly assaulting a girl under the age of 13 last December.Read more