Crypto and Laws
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Costa Rica proposes crypto projects for legal use
TL;DR Breakdown • Secretary of the country asks for its crypto project review before the end of March. • Leaders in Costa Rica believe that...
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El Salvador president astounded over ACES bill proposed by US senators
TL;DR Breakdown The US Congress appears to be concerned about El Salvador’s decision to accept Bitcoin as legal currency. The...
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SEC wins ruling to submit discovery against Ripple Labs
TL; DR Breakdown Court grants SEC permission to submit discovery against Ripple Labs The commission has seven days to submit discovery...
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Israel: Labor Court Rules Approval of Telework Requests Is Prerogative of Management
On March 4, 2022, the Tel Aviv Regional Labor Court ruled that an employer who denied a temporary employee permission to telework over...
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Thailand bans crypto payments as of April 1
Thailand’s on-again-off-again relationship with crypto took another negative turn today with the Thai SEC’s final decision. Three...
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Thailand SEC announces ban on crypto payments
TL; DR Breakdown Thailand SEC ban crypto payments The Commission highlights ills of crypto trading Thailand plans to explore new...
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Bank of Ireland warns traders of the risks of crypto trading
TL; DR Breakdown Bank of Ireland warns traders of the risk of crypto trading The bank against misguided crypto ads Crypto firms continue...
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Norway: Government Proposes Extension of Financial Support to Help Households Cope with High Electricity Prices
On March 10, 2022, the Norwegian government announced that it is proposing an extension of the financial support it provided in December 2021...
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Winklevoss’ Gemini Payments obtains e-money operator license in Ireland
Gemini Payments, an affiliate entity of crypto exchange Gemini led by billionaire investor twins Cameron and Tyler Winklevoss, has been granted...
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A critical week as proof of work coins may still be banned in Europe
The leader MP on the Markets in Crypto Assets report for the European Parliament, Stefan Berger, has just released the timeline for the next...
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Sweden: Government Proposes Changes to Wind Turbine Approval Process; Wind Turbine Expansion Plans Criticized
On February 24, 2022, the Swedish government sent a proposal on changes to the approval process for wind turbine prospects to the Council on...
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Australia eyes sweeping new crypto regulations
Australian senator Andrew Bragg has laid down a proposed regulatory framework for the crypto industry. He announced the legislative proposal...
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Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin ( BTC ) should be adopted as legal...
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Australian senator proposes DAO regulation
TL;DR Breakdown Senator Andrew Bragg of Australia called for “prompt” legislation governing decentralized autonomous...
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Malaysia’s Comms Ministry wants government to adopt crypto as legal tender
TL;DR Breakdown: The deputy minister of Malaysia’s Comms Ministry wants crypto to be legalized in the nation. The minister acknowledged...