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Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
24.5.2022
Officials from all over the world continue discussing the solutions for stablecoins' risks
Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam
23.5.2022
South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in...
Sony Is Being Sued For Gender Discrimination At PlayStation Again
23.5.2022
A former PlayStation employee is suing parent company Sony for a second time over what the lawsuit describes as “gender-based discrimination and gender-based harassment” after a similar legal action was dismissed in April. (h/t Axios)Read more
Crypto inheritance: Are HODLers doomed to rely on centralized options?
23.5.2022
Are crypto inheritance solutions a centralizing force? To some, yes, but to others, decentralized solutions are out there
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
22.5.2022
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency...
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: Report
20.5.2022
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets
Panama's president says he won't sign crypto bill into law 'at this moment'
20.5.2022
“If the law has clauses related to money laundering activities — Anti-Money laundering activities — that’s very important to us," said Panama President Laurentino Cortizo
Texas Game Studio Will Help Employees Fleeing Anti-Trans, Anti-Abortion Laws
20.5.2022
As large areas of the United States grow increasingly hostile toward trans folks and abortion rights, one Texas game studio CEO is promising to assist employees who want to leave the state should it come to that (h/t GamesIndustry.biz).Read more
Indian government's ‘blockchain not crypto’ stance highlights lack of understanding
19.5.2022
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate
Trade Minister Expects Russia to Legalize Cryptocurrency
19.5.2022
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
19.5.2022
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...
Lawsuit: Blizzard Lets Minors ‘Gamble’ On ‘Worthless’ Hearthstone Card Packs
19.5.2022
Blizzard is facing a proposed class-action lawsuit over card packs sold to minors in Hearthstone, its popular World of Warcraft-themed trading card game. A parent in Arizona claims his child purchased hundreds of dollars worth of the cards without realizing how rare it is to get good cards out...
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
18.5.2022
Peter Grosskopf, co-founder of the DeFi project Unstoppable Finance, tells Cointelegraph auf Deutsch what he thinks about new regulations for DeFi
Crypto users react to Terraform Labs legal team purportedly leaving company
17.5.2022
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money
This week’s Law Decoded: Is depegging a real threat to financial stability?
17.5.2022
Janet Yellen calls on lawmakers to develop a consistent federal framework for stablecoins, Hester Peirce urges to allow room for failure and more
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products
17.5.2022
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
16.5.2022
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions