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Law Decoded: Three regulatory trends of 2021, Dec. 20–27
27.12.2021
The year past saw some fundamental transformations in the relationship between state power and the digital asset space
UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
26.12.2021
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort...
Spreading holiday joy through charitable giving with cryptocurrency
25.12.2021
Charitable crypto campaigns aim to give back this holiday season, demonstrating how effective cryptocurrency and NFT donations can be for donations
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
23.12.2021
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes, and offer consumer protections
Dubai to Create Crypto Zone, Binance Joins Effort
23.12.2021
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate...
Blockchain startup sues Brian Armstrong for allegedly stealing its work
21.12.2021
Coinbase CEO Brian Armstrong reportedly offered investment in Knowledgr while secretly working on his own competitor project, ResearchHub
Cash2Bitcoin CEO Ayman Rida Explains Why Merchants Set up a Bitcoin ATM, Compliance and Regulation
21.12.2021
Established in 2016, Cash2Bitcoin.com is one of the largest and fastest-growing cryptocurrency ATM deployment services in the United States. Cash2Bitcoin.com manages over 1000 locations throughout the country and is rapidly expanding its reach in the market. Ayman Rida is the CEO of Cash2Bitcoin....
Law Decoded: Making sense of mixed signals, Dec. 13–20
20.12.2021
This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets
SEC commissioner Elad Roisman will leave by end of January
20.12.2021
Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023
Former Acting Comptroller of the Currency joins Voyager Digital's board
20.12.2021
Voyager chair Philip Eytan cited Brian Brooks' experience at crypto companies and his leadership behind regulatory initiatives as reasons for the hire
US Treasury official beckons new stablecoin regulations
20.12.2021
“If Congress does not enact legislation, the regulators will try to use what authority they have,” stated the U.S. Treasury official Nellie Liang
Celebrities that rode the crypto wave in 2021
19.12.2021
As crypto adoption continues apace, the world's rich and famous are taking notice and getting involved in the growing industry
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
Nifty News: Melania Trump drops NFT, Arabian Camels produces NFT film and Whitney Houston keeps selling hits
17.12.2021
NFT mania may have cooled, but the industry is still booming. Melania Trump, Whitney Houston and Applebee's made NFT-inspired headlines this week
‘I'm a huge believer in crypto technology,’ says former US SEC chair
16.12.2021
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it
US Senate confirms CFTC chair as President Biden announces commissioner picks
16.12.2021
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins
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
Fed chair Jerome Powell says he isn't concerned about crypto disrupting financial stability in the US
15.12.2021
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell
UK advertising watchdog bans crypto ads for Coinbase and Kraken
15.12.2021
The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future
Crypto in the House: Execs on the march, US partisan politics and Web3
15.12.2021
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill