Law Financial News

08.07 / 07:19

Law Alberta Lawyer Alberta family lawyer offering a simpler, friendlier way to divorce

An Edmonton lawyer is paving the way for a more streamlined, faster, cheaper and more co-operative model of divorce. The approach, being offered as a pilot project in Alberta, uses one lawyer jointly for the couple.

07.07 / 21:19

Law regulation transactions Court Crypto.com US court Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K

Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account.

07.07 / 15:59

Law regulation Gemini Winklevoss Twins Digital Currency Group Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program

United States-based cryptocurrency exchange Gemini has announced legal action against the conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert, claiming “fraud against creditors”.

07.07 / 15:19

Law regulation Money laundering Bitcoin Lawyer George Bachiashvili's lawyer denies $39M Bitcoin misappropriation charges

The legal team representing the billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia, alleging that the businessman misappropriated Bitcoin (BTC) worth $39 million.

07.07 / 12:01

business Law Twitter Meta Meta Ceo elon Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

Twitter executive chairman Elon Musk alleged in a social media post that Meta is “cheating” over the release of Threads, a text-based social network resembling Twitter.

07.07 / 11:17

Blockchain Law Adoption SEC Nigerian crypto tax move is ‘premature’ — Local stakeholders

The president of the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), Obinna Iwunna, has commented on the implementation of the Finance Act, 2023, which was signed into law on May 28. According to Iwunna, the successful execution of the law will be challenging due to its premature introduction.

07.07 / 00:25

business Government Law SEC Kraken FBI FBI searched Kraken co-founder's home in March: Report

The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a nonprofit arts group.

06.07 / 16:55

Law regulation Bittrex Bittrex may still face enforcement action in Florida amid bankruptcy

The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.

06.07 / 12:39

Law Adoption Africa Digital Asset Bitcoin Namibia passes bill to regulate crypto and digital assets

Namibia has joined other African nations in embracing cryptocurrencies and digital assets by approving a bill in the National Assembly. The bill, which passed Namibia’s lower house of parliament on June 22, aims to regulate digital assets, cryptocurrencies and virtual asset service providers (VASPs) in the country.

05.07 / 22:15

business Law Binance SEC regulatory Binance.US market share drops below 1% amid regulatory lawsuit: Report

United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators.

05.07 / 15:17

Government Law SEC Opinion Court The Supreme Court could stop the SEC’s war on crypto

When the leaders of the American Revolution signed the Declaration of Independence on July 4, 1776, they had no guarantee of victory. The battle for independence was underway, and their prospects were uncertain. Despite occasional victories, these audacious freedom fighters were grossly outnumbered and had difficulty retaining volunteer soldiers. Their commitment to the cause of freedom was their only fighting chance.

05.07 / 09:41

Law Adoption regulation UK government Bitcoin Clarity needed on crypto lending regulations — UK Law Commission

A lawyer leading the United Kingdom’s Law Commission’s review on the application of British laws towards digital assets has stressed the need for further clarity around cryptocurrency lending.

05.07 / 08:21

Blockchain Law regulation end South Africa to mandate crypto exchange licenses by year-end: Report

South Africa's financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.

04.07 / 15:33

Government Law regulation compliance Financial UK financial watchdog reminds crypto firms of October deadline for marketing compliance

The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance with its financial promotions regime by October 2023.

03.07 / 19:11

Law regulation crimes 'A lot of the bad actors have been shaken out of the market' — Bitvo CEO

Pamela Draper, president and CEO of crypto platform Bitvo, has weighed in on firms escaping the Canadian market amid the regulatory environment.

03.07 / 14:15

Law regulation Bank of England UK government UK Law Commission recommends 'distinct' legal category for crypto

The United Kingdom’s Law Commission is pushing for the creation of a ‘distinct’ category of personal property to accommodate and protect unique features of cryptocurrencies and digital assets.

03.07 / 06:37

Law NFT Ether price DAO AzukiDAO proposes to recover 20,000 ETH from Azuki founder ‘Zagabond’

A newdecentralized autonomous organization purportedly made up of a“dedicated group of Azuki enthusiasts,” has launched a proposal to claw back 20,000 Ether (ETH) from Zagabond, the founder of the blue-chip non-fungible token (NFT) brand Azuki.

02.07 / 07:07

Blockchain Law regulation SEC Bittrex challenges SEC's authority in crypto lawsuit, seeks dismissal

Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by submitting a motion to dismiss the lawsuit filed against it.

01.07 / 02:11

Law NFT Crypto Collectibles YouTube Investors still waiting on $1.9M refund Logan Paul promised six months ago: CoffeeZilla

Investors in Logan Paul’s troubled NFT gaming project CryptoZoo are reportedly still waiting for any specific details on the 1000 Ether (ETH) refund (worth $1.93 million at current prices) that was promised back in January.

30.06 / 10:21

Government Law regulation Bitcoin South Korea passes cryptocurrency bill to tackle unfair trading

South Korea's government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem tokens by passing a new crypto bill.

29.06 / 20:35

business Blockchain Law regulation bills UK crypto UK crypto bill reaches final stage, on track for passage

A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent on June 29, the final step required for a parliamentary bill to become law.

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