Category: Law

Former Chancellor says UK is falling behind on crypto opportunity

By Cointelegraph By Felix Ngbill, digital trading, Law, Regulation

The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading.

Canadian regulator takes enforcement actions against Bybit and Kucoin

By Cointelegraph By Turner WrightBybit, Canada, Cryptocurrency exchange, KuCoin, Law, ontario, Regulation

“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC.

Colombia’s new president seems to be a fan of Bitcoin

By Cointelegraph By Turner WrightBitcoin, Colombia, Law, politics, Regulation

“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia.

Chinese court invalidates 2019 car sale made using now worthless crypto token

By Cointelegraph By Zhiyuan SunCar Purchase, China, Cryptocurrency, Law, Unihash

It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place.

Crypto’s uses and misuses: Binance–Reuters quarrel raises questions

By Cointelegraph By Andrew SingernBinance, Crimes, Decentralization, Government, Law, Privacy, Technology, Trading

Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector?

Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto

By Cointelegraph By Rachel WolfsonnBitcoin Regulation, cryptocurrencies, Decentralization, Decentralized Exchange, Government, Investments, Law, SEC, Stablecoin, United States

SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together.

Regulations and exchange delistings put future of private cryptocurrencies in doubt

By Cointelegraph By Prashant JhaCryptocurrency exchange, Exchanges, Government, Law, Monero, Privacy, Private Keys

At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.

Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering

By Cointelegraph By Turner WrightBlockFi, iowa, Law, Lending, Regulation, United States

The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.”