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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...
US infrastructure law could brace up digital assets — but first some fixes
3.12.2021
Assuming a fix for its troublesome language, the bill might eventually prove a boon — another sign “digital assets are here to stay.”
Lummis says Fed is 'violating the law' with Wyoming blockchain bank delays
2.12.2021
The Republican senator for Wyoming has called on her colleagues to withhold support for Fed chair Jay Powell
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report
1.12.2021
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve
Crypto's impact on sanctions: Are regulators' concerns justified?
30.11.2021
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption
Law Decoded: India ponders going full China on crypto, Nov. 22–29
29.11.2021
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter
‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom
27.11.2021
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the...
Stablecoin issuers poised to be banks of the future on road to adoption
26.11.2021
Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential?
UK Law Commission affirms English and Welsh laws apply to smart contracts
25.11.2021
“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement
Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million
25.11.2021
Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an attorney for one of the scheme’s victims has said. Onecoin Mastermind Taking Advantage...
European Council approves two digital asset proposals
25.11.2021
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union
Finnish regulators tighten the screw on virtual currency marketing
25.11.2021
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
24.11.2021
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...
Powers On… Why aren’t more law schools teaching blockchain, DeFi and NFTs?
24.11.2021
Report: North Korean Man Sentenced To Death For Smuggling Copies Of Squid Game
24.11.2021
Last week, Radio Free Asia reported that copies of Squid Game had been smuggled into North Korea on USB drives and SD cards. Now, according to RFA, a man who is said to have smuggled in the show has been sentenced to death by a firing squad. Read more
South Korean Draft Law Calls for Life Sentences for Crypto Market Manipulators
24.11.2021
The South Korean government has unveiled a new draft crypto law that includes strict punishment for token market manipulation-related offenses – proposing massive fines and hefty jail sentences for offenders....
Read More: South Korean Draft Law Calls for Life Sentences for Crypto Market...
PlayStation Faces Gender Discrimination Lawsuit From Former Staffer
23.11.2021
Sony is facing a suit alleging pay disparity, wrongful termination, and other instances of gender-based discrimination. As Axios reports, a former IT staffer filed suit in California district court yesterday.Read more
Nigerian Crypto and Blockchain Advocacy Group: Freezing or Closure of Bank Accounts Not Supported by Law
23.11.2021
The Blockchain Industry Coordinating Committee of Nigeria (BICCON), has said it is not lawful for Nigerian financial institutions to arbitrarily freeze or close bank accounts belonging to individuals or entities accused of trading cryptocurrency. Affected Crypto Entities Told to Seek Legal Advice...
You shall not pass: Tolkien estate blocks ‘The Lord of the Rings’ JRR Token
23.11.2021
The time of the JRR Token has come, but it wasn’t able to defeat the Tolkien Estate in a ruling that has forced the project to shut down and cease trading
Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22
22.11.2021
An online initiative to secure a rare copy of the U.S. Constitution shows the power of Web 3.0 collective action