Crypto and Laws
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US Congress floats new update on stablecoins regulation
The US Congress held hearings on the regulation and oversight of stablecoins, a type of cryptocurrency that is designed to maintain a stable...
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Silk Road hacker receives his court verdict
The brain behind the Silk Road scam James Zhong has been sentenced to jail. Silk Road was the decentralized online marketplace that facilitated...
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SEC reopens comments on proposed changes to “exchange” definition
The U.S. Securities and Exchange Commission has reopened the comment period on proposed amendments to its Exchange Act, as announced on April 14...
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US SEC targets DeFi as it reopens 2022’s proposed crypto regulations
Despite the start of a crypto bull run, the SEC is stuck at a crypto crackdown. According to reports, the U.S. Securities and Exchange Commission...
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Arizona governor vetoes bill banning local taxes, fees on crypto mining
Arizona Governor Katie Hobbs vetoed legislation that aims to prevent local governments from taxing crypto mining operations in a letter published...
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Binance deliberately broke the law, says CFTC leader
CFTC Chairman Rostin Benham has accused Binance of purposefully breaking regulatory rules, Bloomberg reported . During a Princeton University...
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Zambia approaches the finish line for crypto regulation
Zambia is nearing the end of its cryptocurrency regulation tests, which aim to create real-world simulations of crypto use to help the government...
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Montana on the verge of passing bill protecting right to mine cryptocurrencies
Montana is on the verge of passing a bill that will protect citizens’ “right to mine” cryptocurrencies in the state. The bill...
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Gemini submits filing to stay open in Canada
Gemini has submitted a regulatory filing through which it intends to continue operating in Canada, according to a blog post on April 12 ....
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Paxos becomes latest crypto company to end services in Canada
Crypto trading company Paxos will no longer provide its services in Canada, according to a support post from the company on April 11 . In that...
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Hong Kong securities regulator eyes DeFi regulation
Hong Kong securities regulator is considering regulating decentralized finance (DeFi) projects by subjecting them to licensing requirements....
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Bitfinex Securities secures first digital assets license issued by El Salvador under new law
Bitfinex Securities El Salvador was granted the first digital assets service provider license issued by El Salvador under its new Digital Asset...
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G20 nations join forces to combat crypto-related risks
The G20, an intergovernmental forum of 19 countries and the European Union, has announced its intention to develop a unified framework to help...
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SEC Investor Advisory Committee calls most crypto assets securities, urges ‘aggressive‘ action
The U.S. Securities and Exchange Commission’s (SEC) Investor Advisory Committee (IAC) has urged SEC Chair Gary Gensler to double down on...
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Texas Blockchain Council launches campaign to block anti-mining bill
The Texas Blockchain Council — a trade advocacy group — launched a campaign to denounce a recent bill seeking to eliminate various incentives...