Law Decoded: Regulators Are Guarded But Getting There, July 3-10
This week has seen some major breakthroughs in disguise, reminding us of how regulation doesn’t all happen at once. Go to Source Powered by WPeMatico
Regulation
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Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was … Read more
Accomplice in Alleged $722M Bitcoin Ponzi Scheme Pleads Guilty to Charges
One of four men charged with defrauding investors of over $722 million through a long-running cryptomining scheme has pleaded guilty to charges against him. Go to Source Powered by WPeMatico
Tether Blacklists 39 Ethereum Addresses Worth Over $46 Million
Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses. Go to Source Powered by WPeMatico
HBZ Investors Urge Court to Block Smart Contract Destruction
A class-action lawsuit seeks to prevent e-scooter firm Helbiz from destroying the smart contract underpinning its ERC-20 token. Go to Source Powered by WPeMatico
Malaysian Shariah Council Permits Cryptocurrency Investing and Trading
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that it might not be Sharia-compliant. Shariah-Compliant Crypto Trading The Shariah Advisory Council … Read more
Islanders Demand Return of ‘.IO’ Domain From Colonizers
The ‘.io’ domain name has become part of a complaint against the U.K. for alleged human rights violations tied to its continuing administration of territories in the Indian Ocean. Go to Source Powered by WPeMatico
Former Swiss President Sees the Country Leading in DLT and Technology of the Future
Former Swiss President and new board member of CV VC talks the unique attitudes towards law that make Switzerland a hub for crypto. Go to Source Powered by WPeMatico
Cointelegraph Exclusive: CFTC Moves Annual Fintech Conference Online
In response to the COVID-19 pandemic, the CFTC is changing up the format for its annual Fintech Forward conference. Go to Source Powered by WPeMatico
Texas Regulators Take Aim at South African Cryptocurrency MLM Scheme
The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme. Go to Source Powered by WPeMatico
