Crypto and Laws
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US GAO calls for stronger interagency cooperation in crypto regulation
The United States Government Accountability Office (GAO), a Congressional watchdog agency, has published a report on the legal framework for using...
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Arkham announces $5K bounty payout as Terra-related address are identified
Arkham Intelligence said in a tweet dated July 24 that the first of its crypto wallet identification bounties has now been paid out. The...
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First trades at Binance.US involved wash trading, WSJ alleges based on CZ memo
Some of Binance.US’ first cryptocurrency trades were conducted internally and constituted wash trading, the Wall Street Journal said on...
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Bank of America report: Ripple-SEC ruling leaves regulatory questions unanswered
The recent court ruling in the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has sparked a discussion on the...
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Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs
South Korean banks are favoring Certificate of Deposit (CD) tokens as potential alternatives to “volatile” stablecoins, as reported...
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Top US officials set to unleash crypto clarity revolution
In a recent development, Patrick McHenry, the Chairman of the US House Financial Services Committee (FSC), made an announcement regarding the...
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US financial services chair to spearhead legislation introducing digital asset clarity
The Committee on Financial Services Chairman Patrick McHenry has today announced that on Wednesday, July 26, the Committee on Financial Services...
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Indonesia launches a national exchange and clearing house as it steps up crypto regulation
Indonesia has jumped on the crypto regulation bandwagon. As interest in crypto keeps growing worldwide, governments are trying to figure out how...
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House Republicans propose crypto regulatory framework
The dawn of an epoch-making legislation aimed at putting the fast-paced crypto sector under a regulatory microscope is upon us, with US lawmakers...
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CoinCenter, other advocacy groups condemn CANSEE bill for overreach on DeFi
CoinCenter and other crypto advocacy groups have criticized a Senate bill that would impose strict regulations on individuals involved in...
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Netherlands pushes for tighter EU regulations on crypto
The Netherlands government has voiced its concern over the increasing use of digital currencies in consumer apps and video games, stressing the...
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UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework
Andrew Griffith, U.K’s Economic Secretary to the Treasury, has rejected the Parliament Treasury Select Committee’s recommendation to...
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UK government’s shocking rejection of crypto regulation sparks controversy
The UK government has rejected a proposal from lawmakers to regulate cryptocurrencies in a manner similar to gambling, arguing that its existing...
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DeFi bill introduced in Senate would hold major investors responsible for illegal use
Senators Jack Reed (D-RI) and Mark Warner (D-VA) have introduced a new bill that aims to combat illicit financial activity like money laundering...
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El Salvador’s Bitcoin experiment sees slow adoption, but crime reduction
Two years after El Salvador adopted Bitcoin as legal tender, adoption remains low as citizens question the cryptocurrency’s benefits,...