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South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law


  South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.... Read More: South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’


  Half of the husband-and-wife duo that has been charged by American prosecutors with attempting to launder a monster bitcoin (BTC) allegedly raided from the crypto exchange Bitfinex in a 2016 hack is talking to the authorities about a possible “plea deal.” CNBC reported that a federal prosecutor...

Crypto Exchanges Soon Could Be Forced to Block Russian Users - Kraken CEO


  In the aftermath of the Western sanctions on Russia due to its invasion of Ukraine, crypto exchanges could be soon required to freeze the accounts of their Russian customers, according to Kraken CEO Jesse Powell.  He was replying to a recent request put forward by Ukrainian Deputy Prime...

Central Bank of Argentina Prepares New Regulations for Digital Wallets


The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender


El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government...

Facebook Faces Legal Fight with Australian Billionaire over Crypto Scam Ads


  Meta’s Facebook has filed legal documents in rejection of an action brought by the Australian billionaire Andrew “Twiggy” Forrest, the nation’s richest man. The latter claims the social media platform should be held liable for “reputation-damaging” crypto scam ads that made use of images...

Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages


  Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...

President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus


President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims...

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