The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
Why is the SEC going after digital art and monkey pictures? Law Decoded
OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.
Telegram CEO Pavel Durov arrested in France: Law Decoded
The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry.
Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
Abu Dhabi proposes framework for fiat-referenced tokens
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial.
Nigerian SEC to issue crypto platform licenses as market size grows: Report
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.
Nigeria’s tax watchdog proposes comprehensive crypto
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset.
Coinbase, KuCoin, others join in Turkey crypto license application
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes.
New York regulator hunts crypto and AI specialist for policy unit
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.
Coinbase finds flawed analysis in SEC's proposed exchange definition
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
Ripple vs. SEC: ‘Victory,’ or another chapter in the legal battle?
Some lawyers question whether the latest court decision in the Ripple case should be regarded as a victory over the SEC.
French regulator accepting CASP applications ahead of MiCA rollout
The AMF is giving firms registered under its current DASP rules ample time to transition, too.
SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.
Why Biden’s exit from the elections briefly pushed Bitcoin price to $68K
Biden’s exit from the presidential race helped Bitcoin recover, but analysts expect the decision to cause more uncertainty in the crypto market.
Australian stablecoin startup Stables expands to Europe and UK
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream.
WazirX breach post-mortem: Dismantling the $230M attack
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.
WazirX breach post-mortem: Dismantling the $230M attack
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.
Greek gov't to impose crypto taxes starting 2025
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government – but not for long as regulators are seeking new taxes on the industry early next year.