Law Financial News

29.11 / 22:23

Government Law regulation sanctions US deputy treasury secretary calls for additional tools to sanction crypto firms

Wally Adeyemo, deputy secretary of the United States Treasury Department, said his department is looking into new sanctions tools to pursue bad actors in the crypto space, citing a recent settlement with Binance.

29.11 / 06:23

business Law Binance NFT Sport Court Cristiano Ronaldo sued for promoting Binance, unregistered securities

Pro-soccer star Cristiano Ronaldo has been hit with a proposed class-action lawsuit from plaintiffs claiming they suffered losses from his promotion of the now-legally embroiled crypto exchange Binance.

28.11 / 22:54

Law regulation SEC Court Terraform Labs Terra Jump Crypto filed docs confidentially in SEC v. Terraform Labs case

A federal judge has accepted materials from Jump Crypto Holdings in discovery for the United States Securities and Exchange Commission (SEC) case against Terraform Labs.

28.11 / 20:19

Law regulation lending Bitcoin Regulation Judge signs off on $1.65B settlement between Voyager Digital and FTC

A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay $1.65 billion in monetary relief to the United States Federal Trade Commission (FTC).

28.11 / 14:53

Government Law Binance regulation us government Bitcoin Why Binance’s US plea deal could be positive for crypto adoption

Many predicted that Binance would never embrace regulation — it would only pretend to comply in jurisdictions like the United States.

28.11 / 05:30

business Law Sport FTX Court F1 FTX users name Mercedes F1 team and MLB in new promo lawsuits

Mercedes-Benz Formula One team and Major League Baseball helped FTX perpetrate fraud through promotional deals with the crypto exchange, according to a group of FTX users in a new lawsuit.

27.11 / 19:41

Law Binance regulation crimes NOT Changpeng Zhao may not leave the US pending court review, says judge

Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.

26.11 / 14:49

Blockchain Law defi Decentralization Cosmos Hub greenlights ATOM inflation cut for security boost

The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%.

25.11 / 06:27

Law Binance regulation Court sentencing CZ challenges US gov't attempt to restrict travel before sentencing date

Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United Arab Emirates (UAE) to be with his family while awaiting sentencing following his guilty plea.

24.11 / 14:32

Government Blockchain Law regulation Europe European Union Blockchain devs expect complications from EU smart contract kill switch

The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.”

24.11 / 14:32

Law defi regulation Tether Bitfinex Bitcoin Tether, Bitfinex agree to drop opposition to FOIL request

Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number of high-profile news publications.

24.11 / 10:17

Law regulation Europe crimes Terraform Labs Terra Bitcoin approved Extradition Montenegro Court Do Kwon extradition approved by Montenegro court

The saga of Terraform Labs co-founder Do Kwon continues to unfold, with a court in Montenegro approving his extradition to either South Korea or the United States.

24.11 / 01:01

business Law regulation FTX Court It sounds fishy, but SBF really IS trading mackerel in prison: Report

The crypto trading days of former FTX CEO Sam Bankman-Fried are over, and the recently convicted founder has found a new thing to trade while in jail — fish.

23.11 / 18:19

Law Stablecoin regulation ConsenSys policies Stablecoin Bill Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital asset space, including stablecoins.

23.11 / 13:53

Government Law Adoption South America Bitcoin Milei presidential victory fuels optimism in Argentina’s Bitcoin community

After a long and dramatic presidential race, libertarian candidate Javier Milei triumphed in Argentina’s presidential election on Nov. 19.

23.11 / 09:27

Government Technology Law U.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings

A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm whether they utilized artificial intelligence programs to draft briefs, affirming either independent human review of AI-generated text accuracy or no AI reliance in their court submissions.

23.11 / 04:19

business Law Adoption Binance ETF SEC Bitcoin spot bitcoin ETFs Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim.

22.11 / 22:55

Law CFTC SEC Opinion white house Congress Sam Altman’s ouster shows Biden isn’t handling AI properly

CbatGPT developer OpenAI announced last week that it had fired CEO Sam Altman due to a loss of confidence by the board — only to see him return to the company after 90% of OpenAI staffers threatened to resign. The firing caused a flurry of excitement from companies offering to match OpenAI salaries in an attempt to lure top-tier talent.

22.11 / 17:01

Law regulation SEC coinbase Coinbase cites SEC action against Kraken in push for crypto rulemaking

United States-based cryptocurrency exchange Coinbase has renewed its call to compel the Securities and Exchange Commission (SEC) to respond to the company’s petition to create rules on crypto, using the regulator’s recent enforcement action against Kraken to back up its claims.

22.11 / 17:01

Law Adoption Binance Department Of Justice Opinion Justice Binance's DOJ settlement offered some glimmers of hope for the crypto industry

Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with the United States Department of Justice have sent shockwaves through the cryptocurrency world. This development poses a crucial question: Is it a harbinger of doom or a bullish signal for the industry?

22.11 / 13:33

Technology Law FTC enhances investigative procedures to deal with AI-related lawbreaking

The United States Federal Trade Commission (FTC) has approved a new streamlined process for investigating cases involving the unlawful use of artificial intelligence (AI).

Law Financial News

popular questions about Law

What is Law and why is it gaining attention?

Where can I find the latest updates on Law?

How can I verify the accuracy of information on Law?