Search
Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules
8.9.2022
A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto. Apple...
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
7.9.2022
Fed Vice Chair for Supervision Michael Barr said crypto activity needs similar oversight to traditional bank activities in his first speech since taking office
Thailand Toughens Rules for Crypto Ads
2.9.2022
The new rules, which took effect Thursday, require crypto operators to add clear risk warnings to ads and prohibit the inclusion of false or exaggerated information about companies
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
2.9.2022
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter...
CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
1.9.2022
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
Singapore court rules in favor of Bithumb founder in acquisition case
31.8.2022
The decision on the civil lawsuit might affect a trial court in South Korea
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
30.8.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief....
Court Rules Bithumb Must Pay Damages to 190 Customers Over ‘Computer Errors’
29.8.2022
A South Korean appeals court has ruled that the crypto exchange Bithumb is liable for damages in the case of a group of traders who missed out on trading gains due to “computer errors.”
Per Newsis, the verdict was issued by a branch of the Seoul High Court. The case dates back to 2017 and involves...
Dubai issues crypto marketing rules to better protect investors
29.8.2022
Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...
Crypto Lender Voyager Can Pay Employees 'Retention' Bonuses, US Judge Rules
24.8.2022
Judge Michael Wiles also agreed to withhold the names and titles of the employees who may receive the bonuses
Alleged Tornado Developer Pertsev Must Stay In Jail, Dutch Judge Rules
24.8.2022
Pertsev’s arrest for involvement in the now-sanctioned crypto mixer generated consternation in the Web3 community
Australia to Stocktake Crypto Holdings Ahead of Regulation
23.8.2022
Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks...
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
19.8.2022
Canada joins U.S., European central banks in explaining how their supervised entities can engage with crypto
US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
18.8.2022
The Catawba Digital Economic Zone proposes laws that would allow DAOs to be organized as limited liability companies or unincorporated non-profits
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
17.8.2022
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
17.8.2022
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central...
Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
14.8.2022
In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another...