Crypto and Laws
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The reason Russia’s crypto mining bill keeps getting delayed
On Dec. 23, Anatoly Aksakov, Russia’s congressional finance committee chairman, stated at a press conference in TASS that Russia’s law on...
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Russia’s crypto mining bill could be finalized in January 2023
Russia’s cryptocurrency mining bill, which would legalize crypto mining and the sale of mined crypto, could be approved by January,...
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Can the SEC ban crypto exchanges?
The United States Securities Exchange Commission is looking into the possibility of suspending the activities of centralized crypto exchanges....
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General counsel Berkovitz who ‘wined & dined’ SBF to leave SEC in Jan
The US SEC general counsel Dan Berkovitz will leave his role by Jan. 31, according to a Dec. 22 statement . Washington Examiner reported...
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SEC eyes auditing firms handling cryptocurrency companies
With its intent to counteract cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is beginning to audit firms that work with crypto...
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US Senator Toomey unveils permissive stablecoin bill prior to retirement
Soon-to-be retired U.S. senator Pat Toomey introduced a bill on Dec. 21 that could pave the way for a more open stablecoin framework beginning...
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SEC filing declares FTT a security in FTX case development
The U.S. Securities and Exchange Commission, in its filing against Caroline Ellison and Gary Wang, said that the FTX’s exchange token (FTT)...
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Indian central bank governor calls for crypto ban, champions CBDCs
India’s Central Bank Governor Shaktikanta Das said private crypto assets like Bitcoin ( BTC ) could cause the next financial crisis and...
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India Central Bank Governor’s bold prediction on crypto’s impact on the nation
As the crypto industry continues to expand despite sporadic hiccups, not everyone is on board with the emerging asset class. Governor of...
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Gate Group in talks with Hong Kong authorities over crypto policy, regulation
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and...
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Binance joins Chamber of Digital Commerce, gains foothold in US political system
Binance became a member of the U.S. Chamber of Digital Commerce (CoC) on Dec. 20, according to a company statement . As a member of the...
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SEC wants to end cryptocurrencies, defense lawyer says
The Securities and Exchange Commission (SEC) is attempting to put an end to cryptocurrencies such as Ripple in the United States, according to...
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Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong published a Dec. 20 blueprint on regulating centralized actors in the crypto space while protecting decentralized...
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‘Crypto mom’ calls out SEC’s Howey Test on crypto
SEC Commissioner Hester Peirce, alias ‘Crypto mom,’ has called out the Securities and Exchange Commission (SEC) for using the Howey Test. A...
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Nigeria set to recognize crypto as an investment class
Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments...