Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.” Go to Source Powered by WPeMatico
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Food companies secure trademarks to enter metaverse
Major food brands seem to be indicating that they plan to launch virtual food, drink, and restaurant services in the future. Go to Source Powered by WPeMatico
Fintech Bill Approved and Ready to Be Sanctioned in Chile
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed to stimulate innovation and competition in an unregulated market. … Read more
What new EU sanctions mean for crypto exchanges and their Russian client
Despite many popular exchanges curtailing their operations within Russia, many platforms continue to service the region as usual. Go to Source Powered by WPeMatico
It’s time for the feds to define digital commodities
Europe will leave the United States behind unless lawmakers act to provide clear regulatory definitions for cryptocurrencies. Go to Source Powered by WPeMatico
US lawmaker says crypto regulation from SEC is ‘needed now’
Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” in order to develop rules and regulations applicable to crypto. Go to Source Powered by WPeMatico
Court partially denies Aptos Lab’s motion to dismiss Glazer’s $1 billion lawsuit
Four legal claims were dismissed by the court, while three others were allowed to proceed. Go to Source Powered by WPeMatico
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.” Go to Source Powered by WPeMatico
Financial Stability Board opens proposed crypto regulatory framework for public comments
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal. Go to Source Powered by WPeMatico
European Parliament Committee passes MiCA crypto framework in landslide vote
Members of the committee passed the crypto framework policy in a vote of 28 in favor and 1 against, with a final vote expected with the full parliament soon. Go to Source Powered by WPeMatico