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Trump Signs Largest Relief Bill in US History: When Will Americans Get Stimulus Checks
28.3.2020
U.S. President Donald Trump has signed into law what he calls the largest single economic relief bill in history. “At $2.2 trillion dollars, this bill will deliver urgently-needed relief for our nation’s families, workers, and businesses,” Trump said. Americans are expected...
Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
28.3.2020
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on...
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Telegram Seeks Clarity On The Preliminary Injunction Against TON
28.3.2020
Does the preliminary injunction against TON apply only to American investors? That’s the latest question in Telegram’s effort to launch its blockchain project
Another Class Action Suit Brought Against Robinhood Over Platform Outages
27.3.2020
Robinhood is facing a class-action lawsuit over repeated platform outages during historic stock price action
Lawsuit Accuses Ripple CEO of Touting XRP While Silently Liquidating Holdings
27.3.2020
Despite claiming to be “very, very, very long” on XRP, plaintiffs allege that Ripple CEO Garlinghouse sold 67 million XRP during 2017 — liquidating the tokens on receipt
Billionaire Demands Facebook Reveal Who Placed Scam Bitcoin Ads About Him
26.3.2020
Billionaire Wissam Al Mana has demanded Facebook disclose the identities of the parties who used his image to promote a crypto scam
Telegram Asks Court to Appeal Halt on GRAM Distribution
25.3.2020
Telegram files to appeal court’s preliminary ruling in favor of the SEC to freeze GRAM distribution until at least trial
Telegram Denied: Court Sides With SEC, Grants Injunction Against Issuing GRAMs
24.3.2020
US court grants SEC an injunction to prevent Telegram (TON) tokens from issuance
In US COVID-19 Stimulus Bill, Hope not Lost for Digital Dollar
24.3.2020
U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
Think a Privacy Law Will Stop Surveillance Capitalism? You Don’t Know Google
20.3.2020
Big Tech's business model isn't threatened by the prospect of new data privacy laws, says one VC. FAANG firms are too nimble, powerful and ingenious
Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic
19.3.2020
A collection of government freezes and suspensions of usual crypto-relevant finance practices in response to Coronavirus
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
Darknet Vendors Work Overtime as Police Halt Drug Arrests
19.3.2020
The coronavirus is having a strange effect on the war on drugs. Narcotics activities that were deemed serious crimes only a week ago have been dropped by U.S. law enforcement, who have greater concerns now that cities are under effective lockdown. Meanwhile, darknet vendors are doing their best...
Coinbase’s Chief Legal Officer Resigns to Oversee US National Banking System
16.3.2020
Coinbase’s chief legal officer is designated by Treasury Secretary Steven Mnuchin to serve at major position at the Office of the Comptroller of the Currency
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
16.3.2020
Russia’s crypto bill will ban crypto issuance and circulation, a legal exec at the country’s central bank says
Ripple Court Ruling May Expand Legal Action Potential Against Crypto
14.3.2020
The application of UDAAP laws to cryptocurrencies not deemed securities will hold issuers responsible for the accuracy of advertising materials and customer agreements
US Woman Funding ISIS With Bitcoin Gets 13-Year Jail Sentence
13.3.2020
U.S. citizen gets 13-year sentence for funding ISIS using Bitcoin and other cryptocurrencies
Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill
13.3.2020
Illinois will consider any crypto held by custodians as abandoned after five years of inactivity
New South Korean Crypto Law May ‘Force 190 Exchanges to Close’
12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...