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Crypto World Cautiously Hopeful as California Acts in Absence of U.S. Feds

18.10.2023
Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope

Fed Governor Questions Need for US Central Bank Digital Currency

18.10.2023
A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at Harvard Law School, Fed Governor Michelle Bowman...

Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting

17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position

South Korean ‘Crypto Killers’ May Face Death Penalty

17.10.2023
South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings. The incident took place in the affluent Gangnam District in Seoul in March this year. The woman is believed to have worked...

California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025

16.10.2023
California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025. On Friday, October 14, Newsom declared that the bill, titled the Digital Financial...

Former FTX engineering director faces up to 75 years in prison following guilty plea

16.10.2023
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds

The explosive revelations of Caroline Ellison: Law Decoded

16.10.2023
SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research

Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

16.10.2023
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9

What is Reed’s law, and why does it matter in the crypto space?

16.10.2023
Reed’s Law highlights exponential growth from diverse communities, crucial in crypto for innovation, DeFi and decentralized governance

Banking Scams Overtake Crypto Frauds in Ireland

16.10.2023
Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes this year, with law enforcement authorities having...

Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal

16.10.2023
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator

California Gov. Newsom greenlights crypto regulation bill for 2025

15.10.2023
The bill will mandate crypto firms to uphold financial records and allow regulators to conduct audits on these entities

Court and Courtrooms, Law and Lawsuits and 20 Crypto Jokes

14.10.2023
Read More: Court and Courtrooms, Law and Lawsuits and 20 Crypto Jokes

Sam Bankman-Fried's legal team moves to pursue theory on FTX terms of service

13.10.2023
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses”

China sets stricter rules for training generative AI models

13.10.2023
The draft regulations emphasize that data subject to censorship on the Chinese internet should not serve as training material for these models

Coinbase Executive Urges Congress to Pass ‘Sensible’ Crypto Legislation Swiftly as Middle East Conflict Escalates

13.10.2023
Coinbase’s chief legal officer has called on U.S. Congress to pass sensible crypto legislation following reports that Hamas has amassed millions in cryptocurrency amid the escalating Middle East conflict. “We need this industry flourishing in nations committed to the rule of law, not driven...