Law Financial News

06.03 / 20:31

Government Law regulation SEC us government lawmakers Lawmakers should check the SEC’s wartime consigliere with legislation

When Michael Corleone ordered hits on rival bosses in The Godfather, he had Don Cuneo locked inside a revolving door and shot. Getting whacked while trapped behind a barred door appears to be the treatment United States Securities and Exchange Commission Chair Gary Gensler has in mind for U.S. crypto projects based on recent SEC enforcement activity and comments by the chair.

06.03 / 20:09

Law regulation SEC Fraud SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud

The United States Securities and Exchange Commission, or SEC, has targeted an investment adviser and individual allegedly connected to a $100-million cryptocurrency fraud in its latest enforcement action.

03.03 / 13:23

Law Adoption regulation DAO Lawyer services UAE free zone to explore Bitcoin payments for services, lawyer says

Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.

02.03 / 22:53

Law regulation MicroStrategy Taxes tax evasion Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing

The Office of the Attorney General for the District of Columbia in the United States is moving forward on a lawsuit against business intelligence firm MicroStrategy executive chair Michael Saylor related to tax evasion.

01.03 / 05:09

business Law Adoption Binance Senate bills France on the verge of passing stringent crypto firm licensing laws

The French National Assembly has voted in favor of legislating stricter licensing rules for new cryptocurrency firms in order to harmonize local laws with proposed European Union (EU) standards.

01.03 / 00:47

business Government Law regulation Bitcoin Regulation Crypto Policy Coinbase launches grassroots campaign for pro-crypto policy in the U.S.

Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company.

27.02 / 07:11

Law Twitter regulation SEC security Lawyers Crypto lawyers flame Gensler over claims that all crypto are securities

Cryptocurrency lawyers have rebuffed comments made by the head of the United States securities regulator, claiming in a recent interview that every cryptocurrency except Bitcoin (BTC) is a security that falls under its jurisdiction.

26.02 / 09:55

Law Reuters regulation Metaverse Court World Economic Forum Colombia’s legal system experiments in the metaverse: Report

A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more real than a video call,” according to a recent report.

25.02 / 17:11

Government Law Adoption regulation Europe European Union Bitcoin Regulation new cryptocurrency The limitations of the EU’s new cryptocurrency regulations

The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023.

25.02 / 00:37

Government Law regulation Web3 us government Bitcoin Regulation Change lies ahead for haphazard crypto regulation

The World Wide Web, as its name implies, is borderless, and so is crypto. The internet and cryptocurrency’s common ethos is wide-open communication and exchange, unimpeded by national boundaries. On the ground, however, as crypto has become a more significant player in the financial system, nations have begun to consider issues of sovereignty and regulation. While many countries have so far remained open to crypto, others have restricted its use or outright banned it. The same reason that some have advocated for crypto and blockchain technology — as a means of revolutionizing the international financial system — has alarmed plenty of world leaders.

24.02 / 12:41

Law Twitter NFT regulation SEC security consequences Financial Advice Financial Emojis count as financial advice and have legal consequences, judge rules

A judge from the United States District Court of the Southern District of New York ruled that emojis like the rocket ship, stock chart and money bags mean "a financial return on investment," according to a recent court filing.

24.02 / 09:03

Law Mining regulation Senate bills Montana’s ‘right to mine’ crypto bill moves closer to passing as law

A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate.

23.02 / 18:29

Law regulation crimes Court Fried Sam Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges

In a superseding indictment filed with the United States District Court for the Southern District of New York on Feb. 22, U.S. Attorney Damian Williams alleged Bankman-Fried’s actions in the matter involving FTX and Alameda warranted 12 charges. According to the indictment, these included:

23.02 / 10:59

business Law regulation Court Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit

Kim Kardashian, Floyd Mayweather and other celebrities are looking to convince a judge to dismiss another revised attempt to hold them liable for allegedly promoting EthereumMax (EMAX) without proper disclosure.

23.02 / 09:43

business Blockchain Law Adoption regulation security us government Lawyer US court 'It would be absurd' for a US court to rule private NFTs as securities: Lawyer

Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge's decision to allow a lawsuit against Dapper Labs's NBA Top Shots NFTs to play out.

23.02 / 07:33

Law regulation exchanges New York State Court CoinEx CoinEx crypto exchange sued by New York for failing to register with state

Cryptocurrency exchange CoinEx has been sued by the New York Attorney General, Letitia James, alleging the firm falsely represented itself as an exchange due to failing to register as a securities and commodities broker-dealer in the state.

23.02 / 01:19

Government Law regulation SEC us government NOT Gary Gensler’s SEC is playing a game, but not the one you think

On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media were dominated by the breaking news that the SEC was suing crypto firm Paxos for minting Binance’s stablecoin, Binance USD (BUSD).

23.02 / 00:49

Law regulation Congress US regulators Rep. Maxine Waters says all US regulators 'better get together on crypto'

California Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has called for coordination and cooperation between government agencies and lawmakers to address crypto regulation.

22.02 / 22:11

Government Law regulation FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto

The United States Federal Trade Commission said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings.

22.02 / 09:05

Law regulation Fraud vpn Court Lawyers bail SBF lawyers to pay for technical expert to aid judge on bail terms

Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried's bail terms.

21.02 / 08:43

business Law regulation Asia Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.

frequently asked questions about Law

What is Law and why is it relevant?

Law is a significant category that draws public attention. On our site, we regularly publish updates 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 regularly.

How can I verify the accuracy of information on Law?

We rely on trusted sources to ensure that the information about Law is well-supported and informative for our readers.