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Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor
28.6.2021
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight...
Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges
27.6.2021
Top financial regulators in England and Japan have independently issued warnings on Binance for offering crypto exchange services to residents of the two countries without being registered with the regulators as required by law. Japanese Regulator’s Warning Japan’s top financial...
Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province
27.6.2021
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s...
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows
27.6.2021
According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients. Instead, the brothers insist their company is the victim of a hack while also claiming that...
Booker T. Loses Lawsuit Against Activision Over Call Of Duty Character
26.6.2021
Pro wrestler Booker T. Huffman has lost his lawsuit against publisher Activision over the Call of Duty: Black Ops 4 character Prophet. Huffman had argued the in-game character looked very, very similar to G.I. Bro, a character from his early wrestling days. However, a jury disagreed.Read more
SEC accuses XRP Army of issuing 'false statements' against its leadership on social media
25.6.2021
The commission argued that Ripple’s motion, if granted, would open the floodgates for the company to request testimony from high-ranking government officials
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...
Mica Law Draft Designates CNMV and Bank of Spain as Crypto Watchdogs
25.6.2021
The latest Mica (Europe’s Markets in Crypto-Assets Regulation) revision designates the CNMV and the Bank of Spain as the main cryptocurrency watchdogs in the country. The draft also stipulates that companies offering services in the EU will need to be based in a European country. The norm...
London Stock Exchange-listed firm inks FCA’s approval for crypto services
24.6.2021
Mode’s crypto arm Fibermode is now an official crypto asset firm in the United Kingdom, pursuant to FCA’s amended AML regulations
DOJ Seeks Trial Attorney With Extensive Blockchain and Crypto Knowledge
24.6.2021
The U.S. Department of Justice (DOJ) is seeking a trial attorney to help with the federal executive agency’s Digital Currency Initiative. The DOJ posted a job listing on the justice.gov web portal and the hired individual is expected to serve as an “expert on digital currency...
Zachary Kelman joins Cointelegraph as general counsel
24.6.2021
Zachary has been a contributing writer for Cointelegraph since 2019. He is an early crypto adopter and managing partner of crypto-native law firm Kelman PLLC
Spanish court rules John McAfee can be extradited to the United States
23.6.2021
Lawyers will have the opportunity to appeal the court’s decision and local lawmakers will need to approve the extradition before it is final
Pokémon Leakers Settle Court Case, Have To Pay $150,000
23.6.2021
Back in 2019, The Pokémon Company took some folks to court over a series of leaks that revealed information about Pokémon Sword & Shield before the game’s release. That case is now over, and the defendants are having to pay up.Read more
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
22.6.2021
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that will cause problems for Salvadorans. Some people suspect Bukele’s regime is behind...
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
22.6.2021
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market
Opposition poses constitutional challenge to El Salvador's Bitcoin law
22.6.2021
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
21.6.2021
The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.”
Colorado Passes Law for Research on Blockchain for Water Mgmt
21.6.2021
A bill was passed in both chambers of the legislative Assembly of Colorado, which aimed to bring into effect the study of innovative technological development in the conservation and maintenance of the state’s water resources. They specifically emphasized on blockchain and similar technologies...
Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
21.6.2021
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. Billionaire Oleg Deripaska is the founder...
Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
20.6.2021
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto...