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New Cryptocurrency Bill Advances to Senate in Brazil
17.12.2021
A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central...
CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million
17.12.2021
This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more
Beijing court rejects monetary compensation in Bitcoin mining contract plea
16.12.2021
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment
Ukrainians Offered New Crypto Services, Bitcoin Cards
16.12.2021
Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores...
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
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That Role’
14.12.2021
A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance...
Law Decoded: A different Congress hearing, Dec. 6–13
14.12.2021
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Crypto market eyes recovery ahead of key US inflation data release
10.12.2021
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
10.12.2021
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities....
UK politicians say cryptocurrency is ‘not an investment’
9.12.2021
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements
Indian trade group recommends ‘special class security’ status for crypto
9.12.2021
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market
Puerto Rico wants to combat corruption with blockchain technology
9.12.2021
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week
Sexually Harassed Activision Blizzard Employee Holds Press Conference To Demand Apologies, Money
8.12.2021
Today, a woman named Christine who works at major game publisher Activision Blizzard held a press conference with her lawyer Lisa Bloom to describe the sexual harassment she experienced at the company. This is the latest in the ongoing battle between Activision Blizzard and its employees...
YouTuber Hit With 150 Copyright Claims For Reviews Featuring Anime Footage
8.12.2021
YouTuber Mark Fitzpatrick of Totally Not Mark has made a name for himself with his anime videos on YouTube. His reviews edit together montages from the anime he’s reviewing as he expounds his thoughts in voice over. Mark says his use of copyright material is fair. Toei Animation, it seems...
Australian government gives nod to 6 world leading crypto reforms
8.12.2021
“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said
Bowser Agrees To Pay Nintendo $10 Million In Hacking Lawsuit
7.12.2021
Gary “GaryOPA” Bowser pleaded guilty to federal piracy charges in October. Now he’s agreed to pay Nintendo a massive $10 million settlement for his reported role in designing and selling devices to circumvent Switch security measures as part of Team Xecuter.Read more
Smart crypto policy could keep India's tech dominance on top
7.12.2021
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy
Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6
6.12.2021
The Securities and Exchange Commission's continued resistance to spot Bitcoin ETFs draws industry players' ire
Russia, Ukraine Shut Down Several Cryptocurrency Farms
5.12.2021
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...