Crypto and Laws

• Indonesia: Personal Data Protection Act Enters into Force

  19-12-2022 Crypto and Laws Library of Congress 268

  On October 17, 2022, Indonesia’s Personal Data Protection Act ( Undang-Undang Nomor 27 Tahun 2022 tentang Pelindungan Data Pribadi ) (PDP Act)...

• Whatever it takes: What should FCA consider in UK’s crypto hub race?

  18-12-2022 Crypto and Laws CryptoSlate 331

  The UK’s financial regulator, the Financial Conduct Authority (FCA), has been continuously facing criticism from British lawmakers and the...

• Auditing firm BDO could follow Mazars in abandoning crypto clients

  17-12-2022 Crypto and Laws CryptoSlate 431

  BDO could become the latest auditing firm to halt or limit services to crypto companies, based on reports from the Wall Street Journal on Dec....

• New York authority lays out conditions for banks to offer crypto-related services

  15-12-2022 Crypto and Laws CryptoSlate 307

  The New York Department of Financial Services (DFS) has released a guideline mandating banking institutions to seek regulatory permission at...

• G20 members look to form policy consensus on crypto post-FTX

  15-12-2022 Crypto and Laws Cryptopolitan 293

  Member countries of the Group of 20 (G20) are currently considering creating a policy consensus on cryptocurrency, following the fiasco in the...

• Incoming FCA Chair Ashley Alder says crypto firms facilitate money laundering

  15-12-2022 Crypto and Laws CryptoSlate 249

  Ashley Alder , who is set to lead the U.K’s Financial Conduct Authority (FCA), said his administration would take a strict stance toward...

• Pro-crypto Congressman Tom Emmer looks to reintroduce bill to protect non-custodial blockchain service providers

  15-12-2022 Crypto and Laws CryptoSlate 264

  U.S. Congressman Tom Emmer is looking to reintroduce a bipartisan bill aimed at excluding non-custodial blockchain service providers from...

• United Kingdom: Electronic Trade Documents Bill Introduced in House of Lords

  15-12-2022 Crypto and Laws Library of Congress 284

  The Electronic Trade Documents bill was introduced in the United Kingdom’s (U.K.’s) House of Lords on October 12, 2022. If enacted, the bill...

• Elizabeth Warren working on bipartisan bill to tackle crypto money laundering

  14-12-2022 Crypto and Laws CryptoSlate 294

  U.S. Democratic Senator Elizabeth Warren is teaming up with Republican Senator Roger Marshall to work on a bipartisan bill that will introduce new...

• Congressman Tom Emmer alleges SEC Chairman Gensler was aware of FTX fraud

  14-12-2022 Crypto and Laws CryptoSlate 288

  U.S. Congressman Tom Emmer has alleged that SEC Chairman Gary Gensler knew that FTX was fraudulent, but still held meetings with the disgraced...

• CFTC considers Bitcoin, Ethereum, Tether to be commodities

  14-12-2022 Crypto and Laws CryptoSlate 1070

  The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX founder Sam Bankman-Fried that digital...

• Switzerland: City of Lugano and El Salvador Sign Memorandum of Understanding on Bitcoin

  14-12-2022 Crypto and Laws Library of Congress 193

  On October 27, 2022, the city of Lugano, Switzerland, and the government of El Salvador signed a Memorandum of Understanding (MoU) on economic...

• Canada bars exchanges from margin, leverage trading; says stablecoins might be securities

  13-12-2022 Crypto and Laws CryptoSlate 249

  Canada’s Securities Administrators (CSA) on Dec. 12 barred crypto exchanges operating in the country from offering margin or leverage...

• CFTC suing SBF, FTX and Alameda for commodities law violations

  13-12-2022 Crypto and Laws CryptoSlate 202

  The U.S. Commodities Futures Trading Commission is suing former FTX CEO Sam Bankman-Fried, FTX and Alameda Research for violating federal...

• China: Measures of Security Assessment for Cross-Border Data Transfer Take Effect

  13-12-2022 Crypto and Laws Library of Congress 337

  The Cybersecurity Administration of China (CAC), China’s cybersecurity authority, released the Measures of Security Assessment for Data Export (...