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Russia’s sweeping crypto mining regulations took effect Nov. 1, transforming the industry with strict energy caps, mandatory registration, and stringent oversight. Russia’s Crypto Law Takes Effect, Sparking Changes in Energy and Oversight On Nov. 1, the Russian government introduced a regulatory framework for cryptocurrency mining, marking the implementation of a law signed by President Vladimir … Read more
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed a complaint accusing them of staging a fake arrest and extorting 165,000 USDT. The Chinese … Read more
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC). The notice alleges, but does not specify, violations of securities laws and … Read more
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership. Urgent Crypto Reform Needed: Trump and Harris Face a High-Stakes Decision The CEO of blockchain infrastructure firm Paxos, Charles Cascarilla, issued an open letter to Vice President Kamala Harris … Read more
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial. Go to Source
With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. Another XRP ETF Filing Drops, Turning Up Pressure on the SEC 21shares, an asset management firm specializing in digital assets, filed a registration statement for the “21shares Core XRP Trust” with … Read more
The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise. Go to Source
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community. Go to Source
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Go to Source
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Go to Source