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Loot Boxes Would Be For Adults Only If Australian Bill Passes
29.11.2022
Following the example set by governments in places like Belgium and the Netherlands, an Australian politician has put forward a bill that would, if passed into law, massively restrict the use of loot boxes in video games aimed at children.Read more
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry
28.11.2022
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that...
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...
Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
26.11.2022
The first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23
SEC chair's crypto oversight strategy in question as ecosystems collapse
26.11.2022
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem
FTX’s collapse could change crypto industry governance standards for good
25.11.2022
Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts
25.11.2022
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...
Russia Prepares to Create Government-Controlled Crypto Exchange
24.11.2022
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of...
US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'
23.11.2022
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics," said the letter
Senator Warren Demands Sam Bankman-Fried, FTX Execs Be Held Accountable to 'Fullest Extent of the Law’
23.11.2022
U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) signed onto the Wednesday letter to Attorney General Merrick Garland
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
23.11.2022
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have...
Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme
23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...
Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax
23.11.2022
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets...
New York governor signs PoW mining moratorium into law
23.11.2022
Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was approved by the state senate
New York Imposes 2-Year Moratorium on New Proof of Work Mining After Gov. Hochul Signs Bill Into Law
23.11.2022
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining
'Substantial amount' of FTX's assets stolen or missing — bankruptcy counsel
22.11.2022
“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
22.11.2022
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues
The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
21.11.2022
The founder of FTX provoked the withdrawal of his legal team and now faces the possibility of extradition to the United States
Election tally: Does blockchain beat the ballot box?
21.11.2022
With election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options