Law Decoded: The difference between New York City and New York State, April 25-May 2
New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Go to Source Powered by WPeMatico
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EU commissioner calls for global coordination on crypto regulation
Mairead McGuinness said the United States and EU were both moving forward on comprehensive frameworks for crypto, with President Joe Biden’s executive order and the MiCA proposal. Go to Source Powered by WPeMatico
Has New York State gone astray in its pursuit of crypto fraud?
A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable. Go to Source Powered by WPeMatico
El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. Go to Source Powered by WPeMatico
Bill Regulating Crypto Mining Submitted to Russian Parliament
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers to Review Legislation Enforcing Rules for Crypto Mining Sector The draft … Read more
Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption
Regulation will touch every person in every jurisdiction worldwide; crypto must find ways to preserve its decentralization and privacy. Go to Source Powered by WPeMatico
Coinbase CEO responds to insider trading allegations with changes for token listings
“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong. Go to Source Powered by WPeMatico
Central Bank of Cuba Introduces Specific Virtual Asset Service Providers Regulation
The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies must follow to operate legally in the country, after establishing a general framework in August. Bank of Cuba Clarifies Rules … Read more
US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director
Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. Go to Source Powered by WPeMatico
Panama’s legislature approves bill regulating crypto
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.” Go to Source Powered by WPeMatico
