Crypto and Laws
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Senator Warren wants to extend anti-money laundering rules to crypto miners and validators
US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must...
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FTX Europe’s license freeze extended by Cyprus SEC
CyprusSEC has reported that the request submitted for the termination of the license of FTX Europe has been prolonged. The federal regulator...
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UK set to release new laws on crypto and stablecoins in June
By mid-2023, the UK is expected to launch substantial new laws targeting the regulation of stablecoins along with other cryptocurrency activities...
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New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee
The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas...
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Central Bank of Fiji claims crypto is illegal
The central bank of Fiji, a Pacific island state, has issued a public notice informing that cryptocurrencies and virtual assets like Bitcoin,...
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Buenos Aires charges Worldcoin with consumer law violations, warns of $1.2 million fine
The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its...
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Senators demand detailed accounting of CFTC’s interactions with SBF
US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures...
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UK to legislate ‘whole host’ of crypto activities starting in the summer
UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities....
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Reserve Bank of Fiji declares use of Bitcoin and other cryptos illegal
Reserve Bank of Fiji (RBF),has recently released a report warning the public of the cryptocurrencies dangers, for example, Bitcoin, along...
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South Africa FSCA greenlights 59 crypto licenses
South Africa’s financial regulator, the FSCA, has approved 59 license applications from cryptocurrency facilities seeking to serve local...
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Japanese ruling party pushes for crypto tax reforms
LDP which is the ruling party of Japan wishes to execute “immediately ”the crypto reforms acts. According to an official LDP press release, it was...
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“Smart Bouncers” and selective transparency: A preventative compromise to brash FinCEN proposal
To reveal or not to reveal? That is starting to become the question when it comes to data on the blockchain. Transparency and...
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Coinbase Challenges SEC in Court Appeal Over Cryptocurrency Regulation
Coinbase has managed to resubmit a forthright appeal to a court order that brought about a freedom of action to the Securities and Exchange...
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Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco...
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Airdrop April Continues as Solana NFT Platform Tensor Launches Token
The airdrop is valued at $250 million with TNSR launching at a $2 billion valuation.