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EU finalizes controversial smart contract kill switch rules under Data Act
28.6.2023
The Data Act was first proposed in early 2022 and passed by the European parliament on March 14
EU’s Controversial Smart Contract Kill-Switch Rules Finalized by Negotiators
28.6.2023
Lawmakers and governments have reached a deal on the Data Act despite protests from the blockchain industry
Roblox Trying To Describe Adult Poop Is Very Funny
28.6.2023
Roblox, for so very long a platform of games (I’m sorry, experiences) aimed at and played by kids, is trying to expand its offerings now that many of those kids are growing up into young adults. In doing so, though, they’re running into some problems.Read more
EU Seals Deal on Crypto Bank-Capital Rules
27.6.2023
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
Crypto Companies in Japan Get Tax Relief Under Revised Rules
26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...
South Korean Court Rules That Bitcoin ‘Is Not Money’ – And Crypto’s Not Subject to Interest Rate Rules
26.6.2023
A South Korean court has ruled that “Bitcoin (BTC) is not money,” and that “interest rate rules don’t apply” to business deals involving cryptoassets.
Per Hanguk Kyungjae, the ruling was made by the Seoul High Court’s Civil Division in a case involving two firms, both of which were unnamed...
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him
Binance Unit in Britain Cancels UK Regulatory Authorization
20.6.2023
Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s...
Street Fighter 6’s Lobbies Are Full Of Chaos Freaks, It Rules
20.6.2023
Every time I hop into a lobby in Street Fighter 6, it feels like I’m one of the only people who has an avatar that looks just like a regular guy. This game’s character creator is wild, folks. You can create near-perfect recreations of just about anyone, or you can make some weird little guy, and...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
France's Markets Regulator Backs Global Rules for DeFi
19.6.2023
The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks
Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says
19.6.2023
International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with...
Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules
18.6.2023
The Nigerian currency’s official exchange rate versus the greenback recently plunged to NGN634 per dollar from just under NGN470 per dollar. The central bank’s decision to allow the naira to “float” came a few weeks after Nigerian president Bola Ahmed Tinubu pledged to end...
Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
Binance Seeks to Deregister Cyprus Entity Amid Upcoming EU MiCA Rules
15.6.2023
Binance, the world’s largest crypto exchange by trading volume, is seeking to delist itself from the register of authorized crypto asset service providers (CASPs) in Cyprus in order to focus its efforts on complying with the EU’s Markets in Crypto-Assets (MiCA) regulation....
Read More: Binance...
EU to Consult on Crypto Complaints, Conflict of Interest Rules in July
15.6.2023
The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCA
Judge Rules in Favor of Galaxy Digital in Case Against BitGo Over $1.2 Billion Deal Cancellation
13.6.2023
In a recent development, a federal judge in Delaware has ruled in favor of Galaxy Digital, the crypto merchant bank led by Mike Novogratz.
The case pertains to the termination of a $1.2 billion acquisition deal with BitGo. The court dismissed BitGo's lawsuit, stating that Galaxy had a valid basis...
'Near impossible to know' what is and isn't a security: Mark Cuban on SEC
12.6.2023
The billionaire is the latest to argue that the SEC hasn’t provided crypto firms with a registration process to follow
European Consumer Organization Calls for Curbing Crypto Promotion on Twitter, Tiktok
11.6.2023
BEUC, the European Consumer Organization, has urged Brussels to clamp down on the promotion of crypto assets on social media. The umbrella group calls for implementing stricter advertising rules on major platforms like Twitter and Tiktok as well as preventing influencers from misleading investors....