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PortuguêsA new resolution would establish a task force to study crypto in Miami-Dade county’s public administration. A Miami-Dade County commissioner is backing a new resolution to allow residents to use…
Continue ReadingConsulting firms, such as PwC Russia, said that Russians have been increasingly reporting their income from cryptocurrency operations. The number of cryptocurrency holding disclosures in Russia has been on the…
Continue ReadingAn XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair. The Ripple…
Continue ReadingThe former CEO of BitMEX has appeared in court in Honolulu and is out on $10 million bond, according to reports. The former chief executive officer of BitMEX cryptocurrency exchange,…
Continue ReadingAccording to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market. A group of Russian lobbyists led by the law firm Digital Rights Center…
Continue ReadingTestaments to evil have stood and been swept away, and so, too, will central banks and all they represent. Within the Old Testament of the Bible is a brief story…
Continue ReadingWill Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state? Everything is bigger in Texas, but when it comes to crypto-friendly legislation, this doesn’t seem to be…
Continue ReadingThe Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra. A federal judge has implied that an individual may not…
Continue ReadingBlockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators’ new requirements. South Korea…
Continue ReadingOKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday. The South Korean branch of global…
Continue ReadingCo-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin. Prominent Indian entrepreneur and government advisor Nandan Nilekani has spoken…
Continue ReadingThe Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy. The Pakistani province of Khyber Pakhtunkhwa, or KP, has formed…
Continue Reading“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank. Tax season is almost upon crypto users based in the United…
Continue ReadingRussia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. Russian President Vladimir Putin has stressed the importance of developing additional measures to fight against illegal cross-border…
Continue ReadingBut Bitcoin Suisse still has “many options on the table,” says the firm’s CEO. Switzerland‘s Financial Market Supervisory Authority — the country’s principal financial regulator — has denied Bitcoin Suisse’s…
Continue ReadingThe Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations. Member states of the Eurasian Economic Union, or EAEU, have been struggling to come up…
Continue ReadingLawyers representing XRP investors may still have an opportunity to refile in the future, however. XRP tokenholders’ attempt to insert themselves as third-party defendants in the U.S. Securities and Exchange…
Continue ReadingThe administration of Belarus Hi-Tech Park is the best authority to regulate the crypto market in the country, First Deputy Prime Minister Nikolai Snopkov said. The Belarusian government has proposed…
Continue ReadingThe Ministry of Finance of India continues to form a careful position on private cryptocurrencies. The Minister of Finance of India, Nirmala Sitharaman, has given a ray of hope for…
Continue ReadingMorningstar, a financial information services subsidiary of Japanese financial giant SBI Group, will continue its XRP shareholder benefits program. According to an official announcement Friday, Morningstar has approved year-end shareholder…
Continue ReadingEditor’s note Ladies and gentlemen, it is bittersweet to welcome you to the final installment of Law Decoded, at least with yours truly at the helm. Though someone may pick…
Continue ReadingMajor American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services. According to an announcement, the…
Continue ReadingWithout much fanfare, Heath Tarbert has announced his full departure from the Commodity Futures Trading Commission at the end of this week. In a tweet Wednesday morning, the former CFTC…
Continue ReadingMajor cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A…
Continue ReadingA senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed…
Continue ReadingA federal district court in the United States has dismissed a securities fraud class action against Israel-based cryptocurrency firm Bancor. U.S. district judge Alvin Hellerstein ruled on Monday to dismiss…
Continue ReadingUnited States lawmakers are set to grill Robinhood CEO Vlad Tenev over the GameStop trading frenzy at a Congressional hearing later today. In his prepared remarks, Robinhood CEO appeared to place…
Continue ReadingIt’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country. At the risk of stiff…
Continue ReadingRussian lawmakers are actively preparing new legislation for taxing cryptocurrencies like Bitcoin (BTC). According to an official announcement by the Russian State Duma, the Duma’s Committee on State Building and…
Continue ReadingAs institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said. SEC commissioner Hester Peirce…
Continue ReadingEvery Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note A wise man once said, “there’s security and there’re…
Continue ReadingThe National Bank of the Kyrgyz Republic, or NBKR, is reportedly planning to introduce a licensing regime for cryptocurrency exchanges in a move to protect local investors. NBKR chairman Tolkunbek…
Continue ReadingThe Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds. According to a Feb. 12 report by the Australian Financial Review, the commission addressed the…
Continue ReadingPowers On… is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a…
Continue ReadingChina has finalized new guidelines to aid in antitrust battle against tech giants. On Feb. 7, the State Administration for Market Regulation released finalized rules for its anti-monopoly push against e-commerce…
Continue ReadingFrancis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and…
Continue ReadingSerbia has extradited a man to the U.S. after he was indicted by a Dallas-based federal grand jury on allegations that he duped investors around the globe–several of whom are…
Continue ReadingThe main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special…
Continue ReadingEvery Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note As they say, the sun never sets on the…
Continue ReadingThe Senate sees new legislation aiming to update antitrust laws for new technologies. Senator and former candidate for the Democratic presidential nomination Amy Klobuchar is introducing the Competition and Antitrust…
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