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Russian Crypto Industry Association Asks Putin to Help With Regulations


The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it maintains its conservative approach towards new financial technologies. Russian Crypto Businesses...

FIFA Loot Boxes Violate Austrian Gambling Laws, Court Rules


Loot boxes have been a thorn in gamers’ sides for as long as they’ve been around, with lawsuits and players deriding them as exploitative gambling mechanics. EA has been a prominent example of publishers using loot boxes, and its massively popular soccer game FIFA is no exception. FIFA’s Ultimate...

Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect


The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector. Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens


The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....

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