Tornado Cash is the latest chapter in the war against encryption
Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war. Go to Source Powered by WPeMatico
Law
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Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law … Read more
The crypto industry can trust Cynthia Lummis to get regulation right
The senator has a proven track record when it comes to cryptocurrency and issues such as privacy rights. Her proposal to regulate the industry is one that crypto enthusiasts can get behind. Go to Source Powered by WPeMatico
South Korean authorities ask Interpol to issue ‘Red Notice’ for Do Kwon: Report
According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270. Go to Source Powered by WPeMatico
Possession of Bitcoin still legal in China despite the ban, lawyer says
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. Go to Source Powered by WPeMatico
Crypto for foreign trade: What do we know about Iran’s new strategy
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto. Go to Source Powered by WPeMatico
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation needed to regulate it. Pressed … Read more
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could happen in the coming months. Russian Government … Read more
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court. Go to Source Powered by WPeMatico
Brother of former Coinbase employee pleads guilty to charges related to insider trading: Report
Nikhil Wahi and his brother Ishan were arrested and charged in July, while their associate Sameer Ramani remained at large at the time of publication. Go to Source Powered by WPeMatico
