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PortuguêsThis is simply the latest development that shows the lack of understanding amongst policy makers. The Senate procedural vote held late Wednesday night was a big step forward in the…
Continue ReadingAn Israeli draft bill seeks to demand that investors report bitcoin holdings above $61,000 to tax authorities, bitcoin advocates oppose. On Tuesday, a draft law was published by the Ministry…
Continue ReadingCointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation’s economy. Last month, Bitcoin was adopted as legal tender in…
Continue ReadingMaking any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. The International Monetary Fund is warning that some of the…
Continue ReadingBermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” A multi-asset class trading firm in Bermuda has…
Continue ReadingThe Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce…
Continue ReadingThe EU proposed a law that would force companies engaging in BTC transactions and transfers to collect identities of senders and receivers. The European Commission has proposed a law that…
Continue ReadingPlaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars. A Coinbase user has filed a class action lawsuit seeking $5 million in damages because of an allegedly misleading…
Continue ReadingThe legal draft places a minimum capital requirement for crypto businesses operating in Turkey. The Turkish Ministry of Treasury and Finance announced that a draft bill to establish a legal…
Continue ReadingIt’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia destroyed more than $1.2…
Continue ReadingThey intend to discuss the regulation of stablecoins, as well as the technology‘s potential benefits and risks. U.S. Secretary of the Treasury Janet L. Yellen announced plans to convene the…
Continue ReadingWhy it’s important for academia to teach our future generation of law students about Bitcoin and digital money technologies. As the COVID-19 pandemic forced many lawyers to work remotely, more…
Continue ReadingRepresentatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was…
Continue ReadingAccording to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain‘s stock price. The…
Continue ReadingThe cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said. As Binance faces scrutiny from regulators around the globe, Poland’s finance…
Continue ReadingThe proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments. A member of the lower house of the Argentine National Congress has introduced legislation…
Continue ReadingRecent moves by European countries have demonstrated an apparent inclination towards totalitarianism, something Bitcoin can help fight. Europe has lately been taking clear steps towards totalitarianism, showcasing a desire to…
Continue ReadingRussia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime. Russian lawmakers…
Continue ReadingThe investors in the class action suit allege they lost “tens of millions” of dollars due to not being able to manage their positions and view their balances during peak…
Continue ReadingA Thai firm claims that Bithumb’s Hong Kong subsidiaries caused them serious damage by unilaterally halting its business in Thailand. Bithumb’s Hong Kong affiliates are reportedly facing a civil suit…
Continue ReadingThe Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management…
Continue ReadingUrged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the…
Continue ReadingLawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments. A…
Continue ReadingThai SEC and the Cayman Islands Monetary Authority are the latest regulators to join the global scrutiny against Binance. Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny…
Continue ReadingThe new law introduces an additional tax levy for energy used by crypto miners starting from January 2022. As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has…
Continue ReadingCryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional…
Continue ReadingThe commission argued that Ripple’s motion, if granted, would open the floodgates for the company to request testimony from high-ranking government officials. The ongoing lawsuit between Ripple Labs and the…
Continue ReadingMode’s crypto arm Fibermode is now an official crypto asset firm in the United Kingdom, pursuant to FCA’s amended AML regulations. Mode Global Holdings, a London Stock Exchange-listed fintech group,…
Continue ReadingZachary has been a contributing writer for Cointelegraph since 2019. He is an early crypto adopter and managing partner of crypto-native law firm Kelman PLLC. Cointelegraph, the world’s foremost source…
Continue ReadingLawyers will have the opportunity to appeal the court’s decision and local lawmakers will need to approve the extradition before it is final. John McAfee, the founder of the antivirus…
Continue ReadingThe Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory…
Continue ReadingNon-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory…
Continue ReadingLocal exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. Thailand’s Securities and Exchange Commission has approved…
Continue ReadingThe NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo. A bill which would have required miners…
Continue Reading“What we have seen with Bitcoin is price manipulation by one very powerful and influential individual,” said Magda Wierzycka. Magda Wierzycka, one of the richest women in South Africa and…
Continue ReadingThe International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. The International Monetary Fund has said El Salvador’s…
Continue Reading“We are going to lead the shift to crypto and fintech in Mexico,” said one senator. Eduardo Murat Hinojosa, a senator of the federal government of Mexico, has said he…
Continue ReadingHybrid smart contracts will change the world by revolutionizing the legal system that exists today. The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees…
Continue ReadingRussia has officially legalized crypto trading this January but the government still doesn’t allow local banks to offer crypto services. Tinkoff, a major private bank in Russia, is struggling to…
Continue ReadingAfter filing a Bitcoin scam-related lawsuit against YouTube last year, Steve Wozniak now has 30 days to revise his complaint. A recent court ruling said that video hosting giant YouTube…
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