Crypto and Laws
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New York Senate passes an embargo on bitcoin mining for 2 years
It’s a sad day for the cryptocurrency community. According to reports, the New York State Legislature on Friday 3 June 2022 passed a bill to...
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New York Attorney General issues new warning to cryptocurrency investors
Attorney General Letitia James issued an “ alert ” on June 2 warning New Yorkers about the dangers of investing in cryptocurrencies....
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Sunacrip: The Venezuelan crypto watchdog tightens control
Latin American countries were on the lead during the expansion period of crypto. Now, they have also begun to adopt policies to protect their...
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Former OpenSea employee docked for insider trading
Authorities of the United States have nabbed a Former OpenSea employee on allegations of insider trading. According to several reports,...
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Tech experts urge Federal Lawmakers to ‘resist’ crypto
A group of computer experts has signed a letter urging the US Congress to resist the influence of the crypto space and enforce a crackdown on the...
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EU regulators propose nixing crypto exchange licenses over money laundering breaches
Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regulators have...
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Russia’s central bank considers crypto for global commerce, not for citizens
According to a senior slope official, Russia is open to using cryptocurrencies for global payments. First Deputy Governor Ksenia Yudaeva said in a...
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Anti-Crypto tech experts pursue efforts to counter crypto lobbying in the US
Anti-crypto tech specialists have advised politicians in the US to reject the influence of lobbying attempts made by pro-crypto supporters....
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Why the Central African Republic intends to press ahead with Bitcoin
Central African Republic (CAR) President Faustin-Archange Touadéra is pressing ahead with plans to adopt Bitcoin as legal tender. This is...
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South Korea sets $117.1 million budget to kickstart metaverse industry
South Korea set a $117.1 million budget to invest in the metaverse and became one of the first governments ever officially to do so. This...
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UK proposes legislation amendments to regulate stablecoin issuers
The collapse of TerraUSD ( UST ) and its sister token Luna Classic ( LUNC ) has created an urgency for governments across the globe to reign in...
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UK moves on stablecoin safety nets amid Terra`s crash
The UK government has made a strong commitment to placing the country’s financial services industry at the forefront of cryptoasset...
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Chinese state media hints at increased crypto regulations after Terra`s collapse
The Chinese government has used its Economic Daily newspaper to indicate that additional regulatory action may be taken against stablecoins in the...
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Australian consumer group calls for urgent regulation of crypto
Australian consumer advocacy group Choice urges the new Labor government to prioritize cryptocurrency regulation, the Australian Associated Press...
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Russia plans to control crypto mining despite the rise in electricity usage
Russia is seeking to regulate crypto mining despite the rise in electricity consumption in the country. In a speech issued today on the United...