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29.06 / 15:55

Law Binance SEC Opinion Court The SEC is targeting Coinbase, Binance as proxies in its war on crypto

Imagine your daily commute to work, uninterrupted by traffic lights or stop signs, allowing you to sail smoothly. Suddenly, a new red stop sign disrupts your route, turning a main intersection into a four-way stop overnight. That evening, a letter from local law enforcement shocks you with a hefty retroactive fine for every time you passed the spot where the new sign stands today.

29.06 / 12:07

Government Blockchain Law Adoption committee Support Canadian committee proposes measures to support blockchain, crypto

Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.

29.06 / 08:05

Law bills Bitcoin North Carolina House passes bill to commission study on holding Bitcoin

A bill that would see North Carolina’s Department of State Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the General Assembly.

29.06 / 02:01

Law regulation SEC us government Financial Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange Commission.

28.06 / 11:47

business Blockchain Law Bankruptcy Voyager to pay $1.1M in legal fees incurred in April

Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.

27.06 / 21:11

Law regulation Court place Financial Nevada financial regulator petitions court to place Prime Trust into receivership

Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.

27.06 / 17:47

Law regulation crimes FTX Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’

A federal judge overseeing the case against former FTX CEO Sam Bankman-Fried (SBF) has denied motions from his legal team seeking to dismiss all but three criminal charges against him.

27.06 / 15:49

Government Law regulation us government Opinion Gary Gensler is hurting the little guys for Wall Street

Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three Arrows Capital to the fraud at FTX — were bound to bring some scrutiny, and the industry has always been too hospitable to blatant hucksters.

26.06 / 21:05

Law Binance regulation SEC Court Judge denies motion from Binance regarding allegedly 'misleading' SEC statements

A federal judge overseeing the lawsuit between Binance.US, Binance Holdings Limited and CEO Changpeng "CZ” Zhao and the United States Securities and Exchange Commission (SEC) has denied a motion which could have stopped the financial regulator from issuing public statements related to the case.

26.06 / 19:33

Government Law regulation SEC lawmaker US lawmaker calls for info from Treasury and SEC on crypto market structure bill

California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at federal regulatory agencies to weigh in on a proposed framework for digital assets.

26.06 / 17:57

Government Law regulation Trading South Korean gov’t ethics panel will address lawmaker’s alleged misconduct on crypto trades: Report

The Ethics Investigation Advisory Committee of the South Korean government has reportedly convened to discuss potential disciplinary measures against National Assembly member Kim Nam-kuk for alleged conflicts of interest involving cryptocurrency trades and related legislation.

26.06 / 16:59

Government Law regulation Trading lawmaker South Korean govt ethics panel will address lawmaker's alleged misconduct on crypto trades: Report

26.06 / 06:23

business Government Law Adoption SEC European Union Australia’s token mapping to be ‘tech agnostic,’ says Treasury official

The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official.

25.06 / 06:51

Law NFT Fashion Crypto Collectibles Judge grants Hermès request to halt all 'MetaBirkin' NFT sales

French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on all "MetaBirkin" non-fungible token sales.

23.06 / 19:49

business Blockchain Law FTX Court Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report

Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy in his ongoing federal fraud case, Bloomberg reported. Bankman-Fried had hoped to use thes documents to support his claim that he relied on legal advice while engaging in the activities for which he is currently facing prosecution.

23.06 / 15:59

business Law regulation coinbase Court US Supreme Court halts Coinbase cases in its first crypto ruling

The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases.

22.06 / 23:09

business Law Digital Asset Bankruptcy Prime Trust's financials 'considerably deteriorated,' says Nevada regulator

Prime Trust's financial condition is "critically deficient" and the crypto custodian is unable to honor customer withdrawals according to a cease and desist from Nevada's business regulator.

22.06 / 14:49

Law regulation SEC FTX lawmaker Fried Sam US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried's arrest

Michigan Representative Bill Huizenga, who chairs the United States House Oversight and Investigations Subcommittee, has called out the Securities and Exchange Commission (SEC) for its failure to produce appropriate documents related to the timing of the charges and arrest of former FTX CEO Sam Bankman-Fried.

21.06 / 17:41

Government Law regulation Banks lawmakers US lawmakers US lawmakers propose bills to hold bank execs accountable for failures and address risks

Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of legislation aimed at addressing failures at major banks.

21.06 / 13:17

Government Law Adoption Binance regulation us government exchanges sec lawsuit Binance SEC lawsuit could dent crypto exchange’s global plans

The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities.

21.06 / 06:41

business Law fees FTX Court Bankruptcy FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

Fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have topped $200 million in just over seven months, but an independent auditor argues it makes sense, given the mammoth task.

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