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India advanced its crypto future as the Madras High Court ruled that XRP held on Wazirx qualifies as property, a milestone decision that strengthens investor protection, validates digital ownership, and propels India toward clearer cryptocurrency regulation. Indian High Court Ruling Recognizes Cryptocurrency as Property in XRP Case India advanced its legal recognition of digital assets … Read more
The Argentine Congressional Commission in charge of probing Libra, the disgraced memecoin, has agreed to call President Milei to correct his earlier statements about the number of citizens affected by the token launch. Argentine Congressional Probe on Libra Advances: President Milei Summoned The Facts: The Argentine commission in charge of investigating the Libra incident, where … Read more
The Russian parliament has introduced a draft bill to recognize cryptocurrency as marital property, aiming to update the Family Code to reflect the growing use of digital assets. Scope of the Amendments The Russian parliament has reportedly introduced a draft bill that would formally recognize cryptocurrency as marital property under Russian law, marking a significant … Read more
The Swiss gambling regulator has filed a criminal complaint against the Fédération Internationale de Football Association (FIFA) over its blockchain-based “right to buy” tokens sold on the FIFA Collect platform, alleging they constitute illegal gambling. FIFA Token Sales Violate Swiss Gambling Regulations The Swiss gambling regulator, Gespa, has reportedly filed a criminal complaint with local … Read more
The Superintendence of Commerce and Industry of Colombia (SIC) decided to terminate the data treatment activities of Sam Altman’s World due to their continued noncompliance with national data laws. The SIC stressed that World Foundation failed to present a comprehensive personal data treatment plan. Colombia Hits Sam Altam’s World’s Activities, Terminates Data Treatment Operations The … Read more
The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin ( BTC) valued at roughly $12 billion linked to Chinese national Chen Zhi and his Cambodia-based Prince Group. U.S. Seeks $12B Bitcoin Forfeiture Linked to … Read more
A new confidential informant linked to actors who orchestrated the launch of Libra revealed that there was, at one point, an intention to launch a token directly tied to Argentine President Javier Milei. The revelation appears to confirm a higher level of organization behind the launch of Libra. Libra Probe Continues: A Milei Token Was … Read more
India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court has upheld an arbitral tribunal’s order holding Zanmai Labs Private Limited—operator of the Wazirx … Read more
Roger Ver, a prominent cryptocurrency investor, has reportedly reached a tentative agreement with the U.S. Justice Department to resolve a criminal tax fraud case brought against him in 2024, according to sources speaking with the New York Times. Report: Crypto Pioneer Roger Ver to Settle With DOJ Federal prosecutors had accused Ver of failing to … Read more
A U.S. federal judge in the Central District of California dismissed a 2022 class-action suit, finding that Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) do not meet the Howey test for securities. The ruling concluded plaintiffs failed to show a common enterprise or a reasonable expectation of profits tied to Yuga Labs’ … Read more