Crypto and Laws
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SEC partisan divide could alter Bitcoin ETF approval odds, former SEC attorney predicted
According to former SEC attorney John Reed Stark the current SEC, under the chairmanship of Gary Gensler, is unlikely to approve a Bitcoin spot...
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Brazil unleashes new crypto taxes
Brazilian legislators are making strides toward implementing new legislation that would heighten taxes on cryptocurrencies held outside the...
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The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
U.S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U.S. Securities and...
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SEC settles with Bittrex and its ex-CEO for $24M following ‘scrubbing’ charges
The U.S. Securities and Exchange Commission (SEC) said on Aug. 10 that it has reached a $24 million settlement with Bittrex and its former CEO,...
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Bittrex slapped with jaw-dropping $24M fine by SEC
The United States Securities and Exchange Commission (SEC) has recently revealed an agreement reached with the prominent cryptocurrency trading...
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Argentina opens investigation into Worldcoin amid the growing regulatory scrutiny
The government of Argentina has informed Worldcoin that it has launched an investigation into its data collection activities in the country. The...
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France’s shocking Crypto regulatory twist
France has announced revisions to its registration requirements for cryptocurrency firms in a move to align more closely with the new regulations...
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Russian central bank to launch digital ruble pilot Aug. 15
Russia’s central bank announced on Aug. 9 that it will initiate testing its digital ruble with banks, consumers, and businesses in...
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Federal Reserve will require state banks to get written ‘non-objection’ from central bank before engaging with stablecoins
The U.S. Federal Reserve has issued new guidelines for state member banks regarding activities involving stablecoins or “dollar...
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Bitstamp to halt U.S. trading of seven tokens identified as securities by SEC in Coinbase, Binance cases
Bitstamp said on Aug. 8 that it would halt U.S. trading for several cryptocurrencies declared securities in recent cases against Binance and...
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Binance becomes El Salvador’s first licensed crypto exchange amid regulatory struggles worldwide
Cryptocurrency exchange Binance is the first licensed crypto platform in El Salvador after receiving two licenses from the Central American...
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BlackRock, Invesco insiders claim Bitcoin ETF approval expected within six months: Mike Novogratz
Citing insider contacts at BlackRock and Invesco, Galaxy Digital CEO Mike Novogratz said that institutional players believe that regulatory...
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Bank of England takes charge of stablecoins regulations
The British government appears poised to recalibrate the balance of influence between two pivotal financial entities, namely the Bank of England...
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Ripple legal chief urges investigation into ex-SEC official over Ethereum speech controversy
Ripple ( XRP ) chief legal officer Stuart Alderoty suggested that former SEC Director William Hinman should be investigated for his infamous 2018...
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Hong Kong securities regulator warns unlicensed virtual asset trading platforms may face steep fines, imprisonment
The Hong Kong Securities and Futures Commission (SFC) issued a warning on Monday, Aug. 7, to virtual asset trading platforms (VATPs) involved in...