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A life after crime: What happens to crypto seized in criminal investigations?

5.6.2022
Like with any kind of property, law enforcement has the right to sell your coins and spend the money

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

3.6.2022
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of...

Japan passes bill to limit stablecoin issuance to banks and trust companies

3.6.2022
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse

South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery

3.6.2022
Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. Fluffypony Pleads Not Guilty The so-called crypto mogul...

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

2.6.2022
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in...

Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

1.6.2022
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian...

Russian central bank signals agreement with crypto law revisions: Report

31.5.2022
A top Russian central bank official said at a press conference that the monetary authority will permit foreign trade with crypto

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

29.5.2022
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working...

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...

Bulgarian Crypto Trader Disappears Under Mysterious Circumstances

27.5.2022
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials are now investigating his possible abduction while some in the local crypto community speculate he might be hiding from disgruntled investors. Bulgarian...

How Terra’s collapse will impact future stablecoin regulations

27.5.2022
The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well

World Of Warcraft Streamer Allegedly Harassed Off Of Twitch By Ex-Cop

26.5.2022
A 29-year-old former airport cop, Evan Baltierra, was arrested this week and charged in federal court with allegedly harassing a World of Warcraft streamer off of Twitch. The two met in person at BlizzCon 2019, according to an accompanying affidavit, but when the streamer declined to be...

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

26.5.2022
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...

Game Pirates Trolled With Controller Errors And Endless Rain

26.5.2022
One of my favourite things to write about on this website are the creative ways developers have learned to fuck with people pirating their video games, so it’s with great pleasure I get to share another example today.Read more

EA Tells Devs It Won't Take Stand On Abortion Rights, Encourages 'Healing Circles'

25.5.2022
Electronic Arts won’t be joining some other big game studios in publicly supporting abortion and transgender rights, Kotaku has learned. Asked about it during a May 24 company-wide town hall meeting, the gaming publisher told staff it couldn’t take a stance on every public issue and that “being...