Law Financial News
20.06 / 20:41
Government
Law
regulation
moody’s
Support
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
The investors’ service of credit ratings agency Moody's has reported that without support from United States lawmakers on both sides of the political aisle for legislation focused on digital assets, investors and companies could turn to other crypto-friendly jurisdictions.
20.06 / 04:09
Law
regulation
Bitcoin Regulation
policies
Australia's crypto laws risk being outpaced by emerging markets: Think tank
The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair of a new crypto think tank.
19.06 / 06:39
Law
regulation
Europe
Court
LUNC
Terra
Agency
Do Kwon denies forging passport, blames ‘Chinese' agency: Report
Terraform Labs founder Do Kwon told a Montenegro court that he wasn’t aware the passport he was traveling with was allegedly forged and instead pinned the blame on a Chinese-named agency.
19.06 / 06:05
business
Law
regulation
SEC
coinbase
security
us government
Coinbase blasts SEC for ‘no straight answers’ following court order
Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator.
16.06 / 20:37
Law
regulation
SEC
coinbase
strategies
'We had to change strategies,' says SEC enforcement director on recent actions: Report
Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance”, leading to enforcement actions.
16.06 / 16:41
Law
regulation
crimes
Court
Mango Markets exploiter behind alleged $116M theft will stand trial in December
The criminal case against the crypto user allegedly behind a multimillion-dollar exploit of decentralized exchange Mango Markets will be moving forward in the United States, with a trial scheduled for Dec. 4.
16.06 / 07:08
Law
regulation
European Union
MICA
consultation
EU regulator will launch MiCA consultation starting in July
The European Union’s financial watchdog will launch a 3-part consultation process for the recently adopted Markets in Crypto Assets framework, or MiCA.
16.06 / 07:08
business
Law
Binance
regulation
SEC
Court
Deal
freeze
SEC and Binance.US to negotiate deal avoiding total asset freeze
Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets.
16.06 / 05:51
markets
Law
Ripple
XRP
Court
Ripple verdict could spark a new bull market — Or more malaise
The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a purported security, XRP (XRP).
16.06 / 04:45
Government
Law
Binance
SEC
Opinion
5 key highlights of the SEC’s lawsuit against Binance
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, the SEC accuses Binance and its founder, Changpeng “CZ” Zhao, of participating in a complex conspiracy that involved fraud, conflicts of interest, a lack of disclosure and willful disregard for the law.
16.06 / 04:28
Law
Adoption
regulation
Forex
Here's what Nigeria's naira float means for its crypto market
Nigeria, known for its growing adoption of cryptocurrencies, particularly Bitcoin (BTC), on June 14, floated the nation’s naira currency to allow banks and other forex market actors to trade the currency freely. This new policy can have several implications for crypto traders.
16.06 / 04:28
business
Law
Ripple
XRP
regulation
Investments
SEC
Hinman documents in Ripple case raise questions about SEC’s motives
The newly released Hinman documents relevant to the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) have shed light on internal divisions within the SEC and raised questions about its motives.
16.06 / 04:27
business
Law
regulation
ABRA
Crypto lender Abra has been insolvent since March, says Texas regulator
Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators.
16.06 / 04:22
Law
Binance
regulation
SEC
coinbase
Bitcoin
Bitcoin Price
week
Big week for crypto — Here’s everything you need to know
In the latest episode of The Market Report, analyst and writer Marcel Pechman explains that United States inflation slowed for an 11th straight month in May, even though the Consumer Price Index increased 4% year-over-year. That’s down from 4.9% in April but still above the 2% target.
16.06 / 03:40
Law
regulation
SEC
coinbase
Court
Time
SEC asks for more time to respond to Coinbase call for crypto clarity
The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity.
16.06 / 02:42
Law
regulation
South America
Brazil’s president signs law aimed at having central bank regulate crypto firms
Brazilian President Luiz Inácio Lula da Silva, known to many as simply Lula, has signed legislation giving clarity to the roles the country’s central bank and securities regulator will take in regards to cryptocurrencies.
16.06 / 02:05
Law
regulation
crimes
FTX
Court
Fried
Sam
Judge will consider whether to try Sam Bankman-Fried separately for superseding charges: Report
A United States federal judge is reportedly weighing a proposal to split former FTX CEO Sam Bankman-Fried’s (SBF) criminal charges into two trials following a filing from prosecutors.
14.06 / 01:08
business
Law
Binance
regulation
SEC
Court
freeze
SEC and Binance seek compromise on US assets freeze
The United States Securities and Exchange Commission (SEC) and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some of the restrictions from a previous SEC request to freeze the company’s assets.
13.06 / 23:40
business
Blockchain
Law
Ripple
XRP
SEC
Lawyer
Agency
Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says
On June 13, the long-awaited Hinman documents were finally unsealed and released to the public. The unveiled documents offer valuable insights into a significant speech delivered in 2018 by Bill Hinman, the former director of the United States Securities and Exchange Commission’s (SEC) corporation finance division.
13.06 / 19:49
Law
regulation
BitStamp
Bitstamp now included on FCA's list of registered crypto firms
The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority.
13.06 / 07:49
business
Law
Binance
regulation
SEC
Court
freeze
‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets, claiming that the move would “effectively end” its business.
frequently asked questions about Law
What is Law and why is it gaining attention?
Law is a trending topic that draws public attention. On our site, we regularly publish news related to this subject.
Where can I find the latest updates on Law?
All latest articles about Law can be found in the dedicated section. We publish information in a timely manner.
How can I verify the accuracy of information on Law?
We consult with professionals to ensure that the information about Law is well-supported and informative for our readers.