Law Financial News

01.08 / 19:15

Law regulation New York AG calls for whistleblowers 'deceived or affected' by the crypto market crash

New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower.

28.07 / 02:35

Facebook Law regulation FTC files lawsuit against Meta over attempted monopolization of metaverse

The United States Federal Trade Commission, or FTC, has filed a lawsuit against Meta and CEO Mark Zuckerberg in an attempt to stop the social media giant from “its ultimate goal of owning the entire ‘metaverse’.”

26.07 / 21:01

Law regulation Uncertainty around French laws prompted F1 racers to remove crypto branding: Report

Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations.

26.07 / 01:17

Law Stablecoin Congress Bill addressing stablecoins risks in US likely delayed until September: Report

Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins.

25.07 / 06:59

business Law security Pump and Dump class action Yuga Labs 'inappropriately induced' BAYC investors: Class action

A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.

21.07 / 19:21

Law regulation coinbase US authorities arrest former Coinbase manager, alleging insider crypto trading

United States authorities have brought charges against three people for wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading using crypto, one of whom was a former product manager at Coinbase Global.

21.07 / 00:27

Government Law Congress regulatory Tech trade group calls for regulatory clarity, claiming crypto job losses threaten US interests

The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country.

20.07 / 19:17

Law regulation Terra raid South Korean authorities raid 15 entities linked to Terra collapse: Report

Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including seven crypto exchanges.

20.07 / 17:21

Government Law Stablecoin Europe Demand for widely used euro stablecoin is huge, says DeFi expert

The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55 billion. Some reports estimate that the total market cap of dollar-backed stablecoins is over $160 billion.

16.07 / 17:07

Blockchain Law Bitcoin Andorra green lights Bitcoin and Blockchain with Digital Assets Act

A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology.

14.07 / 23:35

Government Law CFTC foreign CFTC labels 34 crypto and forex firms as unregistered foreign entities

The United States Commodity Futures Trading Commission, or CFTC, has added 34 unregistered foreign entities to its Registration Deficient List, including at least six providing crypto-related services.

14.07 / 22:45

Law regulation International Financial UK financial watchdog exec hints at importance of international collaboration on crypto regulation

The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies.

13.07 / 23:57

Law regulation Smart Contracts UK court allows lawsuit to be delivered via NFT

According to a Tuesday notice from U.K. law firm Giambrone & Partners, a case brought by Fabrizio D’Aloia against Binance Holdings, Poloniex, gate.io, OKX, and Bitkub over allegations someone was operating a fraudulent clone online brokerage has resulted in a legal precedent offering a digital solution to serving someone. On June 24, the judge in the case allowed parties to be served by airdropping NFTs into wallets originally held by D’Aloia but stolen by unnamed individuals.

13.07 / 21:53

Law regulation UK treasury committee UK Treasury Committee opens inquiry into crypto industry

The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and opportunities.

12.07 / 20:25

Law regulation Bank of England BoE official compares current crypto market regulation to 'unsafe aeroplanes'

Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn.

11.07 / 09:41

business Law defi Bankruptcy Celsius changes legal team, pays off $20M in Aave debts

Crypto lending platform Celsius has reportedly hired lawyers from Kirkland & Ellis LLP to advise on its restructuring options — the same firm that assisted Voyager Digital with its bankruptcy filing last week.

08.07 / 18:21

Government Law Adoption identity Future Customer Know thy customer: The future of KYC in crypto

Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing industry.

08.07 / 08:03

Law regulation solana security class action Class action lawsuit claims Solana's SOL is an unregistered security

Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.

08.07 / 06:55

business Blockchain Law Bombshell allegations of fraud as KeyFi takes Celsius to court

Staking software and investment firm KeyFi Inc. has filed a complaint against beleaguered crypto-lending firm Celsius, alleging the company had been operating in a “Ponzi” style fashion and that it failed to honor a profit-sharing agreement “worth millions of dollars.”

06.07 / 20:15

Law regulation Financial Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM's government

Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of the government.

05.07 / 19:49

Law Central Bank Bank of England market volatility regulatory crypto market volatility Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE

The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the country’s financial stability amid the market capitalization dropping more than $2 billion.

frequently asked questions about Law

What is Law and why is it gaining attention?

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 recent news about Law can be found in the dedicated section. We publish information regularly.

How can I verify the accuracy of information on Law?

We consult with professionals to ensure that the information about Law is reliable and helpful for our readers.