CryptoSlate
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SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action
The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18 , arguing that Justin Sun’s alleged...
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US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash
A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a...
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Senator Warren wants to extend anti-money laundering rules to crypto miners and validators
US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must...
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New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee
The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas...
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Buenos Aires charges Worldcoin with consumer law violations, warns of $1.2 million fine
The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its...
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Senators demand detailed accounting of CFTC’s interactions with SBF
US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures...
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UK to legislate ‘whole host’ of crypto activities starting in the summer
UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities....
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“Smart Bouncers” and selective transparency: A preventative compromise to brash FinCEN proposal
To reveal or not to reveal? That is starting to become the question when it comes to data on the blockchain. Transparency and...
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Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco...
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EU watchdog warns of high concentration in crypto markets, notes minimal euro usage
The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10 . ESMA said concentration...
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SEC issues Wells notice against Uniswap over securities laws issues
The US SEC has issued a Wells notice to Uniswap Labs , the entity behind the Ethereum-based decentralized exchange, Uniswap . The notice...
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US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance
In a pointed critique during a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets the...
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US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT...
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Policymakers must think outside of currently accepted norms to understand crypto
The persistent disconnect between policymakers and technology invariably results in proposed and approved regulations overlooking pertinent parts...
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Even crypto friendly UK banks freeze accounts in fear of crypto transactions
There has been an increase in bank accounts belonging to crypto professionals being frozen or restricted across the UK, US, and EU over the past...