Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. Go to Source Powered by WPeMatico
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SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S. Go to Source Powered by WPeMatico
Major Victim of Cryptopia Hack Prepares to Sue Liquidator Grant Thornton
The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. Go to Source Powered by WPeMatico
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. Go to Source Powered by WPeMatico
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Go to Source Powered by WPeMatico
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. Go to Source Powered by WPeMatico
Russian Cybercrime Surged 25x in 5 Years, Says Local AG
Russian cybercrime is up 92% since last year. Go to Source Powered by WPeMatico
Law Decoded: Pushing the Legal Limits, July 10–17
In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Go to Source Powered by WPeMatico
Major Lobbyists in DC See a Shift in Regulatory Tone Towards Crypto Since Pandemic
Despite continuing education gaps, the heads of several crypto-focused trade associations confirmed that lawmakers are paying more attention than ever to the industry. Go to Source Powered by WPeMatico
