The Securities and Exchange Commission said in March that the case could potentially be resolved under its new leadership.
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.
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US authorities relocated the former FTX CEO to the Federal Correctional Institution in Terminal Island after he participated in a reportedly unsanctioned interview.
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The case in the Second Circuit is still winding down despite both parties seemingly agreeing to drop the matter.
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Google will debut a new crypto ads policy on April 23, requiring advertising exchanges and wallets to be licensed under the MiCA or CASP regulatory frameworks.
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The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million.
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Former Binance CEO Changpeng Zhao denied reports that he agreed to testify against Justin Sun, calling the WSJ story baseless and politically motivated.
7848 - News
The bill has yet to pass in the US Senate but comes as Bitcoin miners are increasingly foraying into servicing AI models.
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President Donald Trump has overturned the IRS’s DeFi broker rule, a measure that had threatened to curb DeFi innovation.
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The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions.
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The SEC and Ripple have paused XRP lawsuit appeals amid ongoing settlement talks and speculation that incoming SEC chair Paul Atkins may drop the case.
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A filing in the Connecticut Appellate Court shows that the two parties must finish documenting the settlement and carry out the terms before withdrawing Osprey’s appeal.
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The bill aims to set regulatory standards for crypto firms operating in the state and curb "deceptive practices" associated with recent memecoin scams.
3941 - News
The agency's lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch.
3213 - Analysis
SEC Chair Paul Atkins has a long career in finance and aims to provide clear rules for the crypto industry.
5587 - News
SafeMoon CEO Braden John Karony has argued the US Justice Department’s crypto enforcement pullback should see his case dismissed.
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