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Twitch Streamer Pokimane Wants Tougher Laws On Revenge Porn
28.12.2022
One of the biggest female streamers on Twitch wants to take a harder stance on revenge porn—nude photos that are posted online without their owners’ consent. Imane “Pokimane” Anys said in a recent Twitch stream that it should be “illegal” to possess nudes without their owners’ consent, and that...
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
24.12.2022
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have...
Finder.com sued by Australian regulator over its crypto yield product
16.12.2022
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit
FTT investors' claims to be investigated for securities laws violations
11.12.2022
To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information
EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws
9.12.2022
A final vote on the law has been repeatedly pushed back, even though a deal was struck in June
Hong Kong to subject crypto exchanges to the same laws governing TradFi
8.12.2022
The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
7.12.2022
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Pakistan launches new laws to expedite CBDC launch by 2025
5.12.2022
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
28.11.2022
Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility."
Taking down crypto influencers is one step that would help to heal the market
27.11.2022
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
27.11.2022
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA:...
Report: State Securities Regulators Probe Crypto Lender Genesis
26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...
S Korean Regulators Draft New Crypto Laws – to Prevent More FTX and Terra ‘Incidents’
22.11.2022
Financial regulators in South Korea want to impose a raft of new crypto-related laws – in a direct response to the collapse of the FTX crypto exchange and the implosion of Terra ecosystem coins in May.
Thus far, most South Korean crypto exchanges have been left relatively unscathed by the...
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy
18.11.2022
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains...
US national crypto laws should look like New York's, says state regulator
16.11.2022
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation
Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential
16.11.2022
Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so
FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators
16.11.2022
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa, crypto industry participants warn of the unintended consequences arising from rushed...
The State of Crypto Taxation in India: Past, Present and Future
14.11.2022
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals