News
Tornado Cash co-founder Roman Storm asks a US judge to dismiss his conviction, arguing that prosecutors failed to prove his intent to help bad actors.
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Law News
Law is a fundamental system of rules and regulations established by a society to govern behavior and ensure justice. In the context of cryptocurrencies, the legal landscape is intricate and continuously evolving. Cryptocurrency laws encompass regulations related to digital assets, blockchain technology and decentralized finance (DeFi).
Recent years have seen significant developments in crypto law, with governments worldwide working to establish clear guidelines for the industry. These regulations cover taxation, security regulations and Anti-Money Laundering measures. Compliance with these laws is essential for businesses and individuals operating in the crypto space, ensuring legitimacy and investor confidence.
Crypto law news plays a pivotal role in keeping stakeholders informed about changing regulations and their impact on the market. As the crypto industry matures, staying updated with the latest legal developments is crucial for navigating this innovative and complex sector.
- News
With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
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Introduced by a Republican lawmaker in February, the legislation may be unlikely to get any traction in the Massachusetts legislature, where Democrats hold a supermajority.
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A US government shutdown lasting days or weeks could further delay the Senate’s moves on a crypto market structure bill passed by the House in July.
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Poland’s Crypto-Asset Market Act awaits Senate review after Sejm approval, sparking a backlash over licensing, fines and potential prison terms for violations.
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The UK government talks about becoming a “leading global crypto hub,” but slow policy development and fragmented regulation risk losing ground to competitors.
2609 - Newsletter
Wall Street adoption may catalyze the first “supercycle” extending Ether’s price appreciation beyond the traditional four-year cycle, according to the largest corporate ETH holder.
5192 - Analysis
The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency.
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Ohio Secretary of State Frank LaRose applauded the progress, while continuing to support the creation of an Ohio Strategic Cryptocurrency Reserve.
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Transaction reversibility may help stablecoins become an intrinsic part of the legacy financial system, according to the president of Circle.
6087 - News
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
6422 - News
No scheduled consideration of a market structure bill had appeared on Senate calendars as of Wednesday, as some Democrats could challenge what is expected to be a tight vote.
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Responding to a report about crypto ATM fraud in Wyoming, Senator Cynthia Lummis said the chamber’s market structure bill could address specific risks.
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According to the lawsuit, Justin Sun’s crypto holdings included about 60 billion Tron, 17,000 Bitcoin, 224,000 Ether and 700 million Tether as of February.
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Ryan Salame is serving time in prison for charges related to FTX’s downfall, but his deal with US prosecutors is still being litigated through his wife’s criminal case.
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