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SEC steps back from defining digital assets in new hedge fund rules
4.5.2023
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago
Coinbase stock will be ‘weighed down’ until US rules are clear: Citi
3.5.2023
The investment bank downgraded Coinbase stock to "Neutral" amid the exchange's ongoing battle with U.S. regulators
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
1.5.2023
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
25.4.2023
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital...
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
25.4.2023
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act
Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition
25.4.2023
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...
France mulls fast-tracking registered crypto firms to new EU rules
25.4.2023
France's financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
LUNA token is not a security, rules S.Korean court in Terra co-founder case
24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act
French Regulator Floats 'Fast-Track' Registration for Incumbents as MiCA Rules Bed in
24.4.2023
EU countries are making the transition to a tough new crypto regime set by Brussels
US Treasury seeks to tighten nonbank rules following banking crisis
24.4.2023
Janet Yellen called for further regulation of nonbank institutions claiming they pose a systemic risk to U.S. financial stability
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation
23.4.2023
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions....
Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright
22.4.2023
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own
21.4.2023
The finalization of the landmark law puts “significant pressure” on the U.K. to deliver its own crypto rules, one industry group said
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules
21.4.2023
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain...
Tornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules
20.4.2023
Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol
EU Parliament Approves Crypto Licensing, Funds Transfer Rules
20.4.2023
The vote clears the way for landmark MiCA regulation to take effect in 2024
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
19.4.2023
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency...
Hong Kong court rules cryptocurrencies as property
19.4.2023
The decision aligns Hong Kong with other jurisdictions that recognizes cryptocurrencies as digital properties
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...