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Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
21.4.2023
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes,...
'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
20.4.2023
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge's authority, tweeting pictures of himself on a beach during an ordered court appearance
Why the EU Has MiCA and the U.S. Has Securities Law Confusion
20.4.2023
What’s next for EU’s crypto industry as European Parliament passes MiCA?
20.4.2023
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?
Bitcoin soccer club Real Bedford FC wins the league
20.4.2023
"We’re the Bitcoin club. But as Bitcoin is, we're a community. So this is our team. And if we go up, everyone's going to be like, Yeah, that's our team!" chairman Peter McCormack told Cointelegraph
Midjourney, other AI devs strike back in court, claiming their material is not similar to artists
20.4.2023
The response by the AI firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI
Founder of collapsed crypto exchange Thodex detained in Turkey
20.4.2023
Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question
20.4.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s...
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
19.4.2023
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad
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...
US Attorney seeks 7-year sentence for exec in crypto shadow banking case
19.4.2023
U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20
US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'
18.4.2023
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
Crypto lender Babel gets extended creditor protection in Singapore
18.4.2023
Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022
Australian crypto scams increased by over 162% with nearly $150M lost
18.4.2023
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022
Canadian Police Launch Cryptocurrency Investigations Center
18.4.2023
The police service of the Canadian city of Calgary is launching a Cryptocurrency Investigations Centre in partnership with blockchain analytics firm Chainalysis to help combat crypto crime. The center “will enable law enforcement to tackle crime that takes place using blockchain technology,”...
All eyes are on stablecoins: Law Decoded, April 10–17
17.4.2023
A week before a hearing in Congress, the United States gets stablecoin regulatory framework
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
17.4.2023
According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations...
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
17.4.2023
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives
The need for real, viable data in AI
17.4.2023
While still in its infancy, blockchain is particularly promising in validating data. Verifying data through blockchain networks can ensure that AI is computing accurate data to produce accurate products and results