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Canada to sanction LiquiTrade for Securities Act violation
8.7.2024
The BCSC finds LiquiTrade guilty of running an illegal exchange, which could result in sanctions ranging from fines to a ban
Ripple and Coinbase see hope in SEC’s Binance ruling
3.7.2024
Coinbase and Ripple have expressed doubts about the lack of clarity in cryptocurrency regulations. The Securities and Exchange Commission rejected Binance’s claim that Binance Coin’s secondary sales were securities. Coinbase and Ripple will leverage their cases with the U.S. SEC....
Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case
2.7.2024
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry
29.6.2024
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector....
Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt
23.6.2024
Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security.” The Ripple executive slammed...
Ripple Clarifies XRP Is Not a Security After New Court Ruling
22.6.2024
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
14.6.2024
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits...
Mexico's Crypto Stance Unlikely to Change as Ruling Morena Party's Claudia Sheinbaum Elected President
3.6.2024
Mexico City’s former mayor Claudia Sheinbaum, fielded by the ruling Morena party, has been elected Mexico's first female president
Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute
2.6.2024
The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for lost profits and damages after his cryptocurrency was frozen on the Bittrex exchange in 2017. The United States Bankruptcy Court for the District of Delaware found that...
US courts to handle Coinbase Dogecoin sweepstakes disputes
24.5.2024
Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions
Court ruling dismantles would-be Bitcoin creator Craig Wright’s false claims
23.5.2024
Following a protracted legal battle, a U.K. court has methodically broken down Craig Wright’s mountain of fabricated evidence and assertions regarding his true identity
Binance.US wins appeal to reinstate Florida money services license
22.5.2024
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
20.5.2024
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best...
The FCC’s Net Neutrality Ruling Is Good News for Web3 Startups
8.5.2024
The principle of an open internet underpinned the growth of the early Web and is just as necessary now. If only the SEC could back innovation in a similar way, says Sarah Aberg, General Counsel at Nova Labs, the company behind Helium Mobile
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
Australian court rules against Qoin issuer BPS Financial on 4 charges
3.5.2024
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC
Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat
29.4.2024
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September
Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform
15.4.2024
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.
The post Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform appeared first on Cryptonews
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
11.4.2024
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn...
Ruling In SBF Case Is A Warning To Others, U.S. Attorney Says
28.3.2024
FTX founder Sam Bankman-Fried’s 25-year prison sentence will send “an important message” to potential fraudsters everywhere, U.S. Attorney Damian Williams wrote following his sentencing. Based on the ruling, Bankman-Fried will not be out of prison until his late 50s.
The post Ruling In SBF Case...