Crypto and Laws
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SEC drops charges against Ripple executives
The U.S. Securities and Exchange Commission (SEC) agreed to drop charges against two top Ripple executives, according to an Oct. 19 press...
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U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Oct. 19 that it is advancing regulation that could broadly...
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France unveils its new law for crypto games
In a notable move, France has passed the “Sorare law”, which marks the country’s first dedicated regulatory framework for video games...
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What Grayscale’s S-3 registration means for its spot Bitcoin ETF prospects
On Oct. 19, Grayscale Investments filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to register...
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California unveils its digital financial assets bill
California, home to a significant portion of the United States’ blockchain companies, has followed in the footsteps of New York by signing its...
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BaFin, German regulator, cautions consumers about MEXC’s Crypto custody services – But why?
BaFin has taken regulatory steps to protect German crypto investors. The crypto world is a rapidly growing and dynamic space that blends both risk...
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FDIC Inspector General finds glaring gaps in its crypto oversight efforts
A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps...
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‘Yeah, it’s gonna get approved’: Mike Novogratz predicts 2023 approval for spot Bitcoin ETFs
In an Oct 18. interview , Mike Novogratz, the CEO of Galaxy Digital, expressed confidence in the impending approval of a spot Bitcoin...
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EU’s crypto tax game-changing move
In a significant move to address the challenges posed by the rapid digitalization of the economy, the Council of the European Union (EU) has...
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EU adopts directive for stronger member collaboration on crypto tax data sharing
The Council of the European Union (EU) has adopted a directive to enhance cooperation amongst national taxation authorities, particularly on...
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Fed Governor Michelle Bowman expresses central bank’s skepticism of CBDCs
As the U.S. heads into the next election year, crypto concerns have begun to seep into mainstream American politics—specifically, the...
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Fantom Foundation Wallets Hacked and Drained in Phishing Attack
The attackers consolidated the stolen funds into one address which now holds about $7 million
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British Government Confirms Crypto Holdings Exempt from “Help with Fees” Scheme Assessment
In a recent announcement by the Ministry of Justice, it has been clarified that British citizens hoping to access legal assistance through the...
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ESMA warns no retail crypto protection in EU until 2024 at the earliest – report
The European Securities and Markets Authority (ESMA), the bloc’s securities watchdog, warned that investors will not be protected under the...
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Cathie Wood says ‘hopes are rising’ for spot Bitcoin ETF; Larry Fink addresses role of crypto in restless markets
Cathie Wood , the CEO and CIO of ARK Invest , commented on pending spot Bitcoin ETF applications during a CNBC interview on Oct. 16 . As ARK...