Part of the funds would hire staff across SEC divisions, with one job dedicated to crypto and another to help with the increased lawsuits the agency faces.
Regulation News
Crypto regulation is an umbrella term for the network of laws, statutes and legal practices surrounding the crypto and blockchain industries. Since Bitcoin's 2008 white paper, the legal status of these industries has been the subject of a huge amount of conversation. Lawmakers and regulators have had to cope with an entirely new set of concerns. Some governments have reacted hostilely, seeing crypto as a threat to monetary control. Others have embraced the industry for its capacity to link distant economies and facilitate trustless transactions across the globe. But most of the world is still figuring out exactly how to legislate, regulate and prosecute the set of laws surrounding such a young industry.
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The SEC initially conceded it misled the court but argued a sanction wasn't appropriate.
5184Only EUR and USDC trading pairs will be supported on the platform in the EU area going forward, according to the message.
4649The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations.
1584French Hill has chaired the Subcommittee on Digital Assets, Financial Technology and Inclusion since its creation in January 2023.
863The partnership allows MetaMask users to export their tax information into CoinLedger via a single click.
3033Worldcoin operates “lawfully in all of the locations in which it is available” and is designed to fully comply with related laws, the firm said.
1776London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash.
13412The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
4495Reddit mentioned in the filing that it is not surprised by the FTC’s interest in this area due to the unique nature of the technologies and business agreements.
4345The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations.
5972Under the updated guidelines, digital asset exchanges and custodians must pay an application fee of 300,000 naira ($186), up from the previous 100,000 naira ($62).
4958Sam Bankman-Fried asked for a maximum sentence of six and a half years, but he could get over 100 years.
5145President Joe Biden hasn't taken a particularly friendly stance toward cryptocurrency. On the contrary, he's been a lot like his predecessor.
2180The center claims it has created the world’s first comprehensive set of legal characteristics of digital assets as property in a new, short law.
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