The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?
Eleven lawsuits are targeting seven crypto companies: A “Bloody Friday” for the industry or nothing serious? Go to Source Powered by WPeMatico
Regulation
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Investigating Digital Assets in Japan Stymied by Nature of Crypto
Japanese tax laws aren’t ready for investors to declare their digital assets just yet, according to top government officials Go to Source Powered by WPeMatico
Kraken Appoints SAFT Architect Marco Santori Chief Legal Officer
SAFT architect and crypto lawyer Marco Santori is now in charge Kraken’s legal team Go to Source Powered by WPeMatico
Celsius Lists Libra Challenger for 9.9% Potential Interest
Celsius Network platform lists Saga’s SGA stable asset, allowing up to 9.9% annual interest Go to Source Powered by WPeMatico
Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
Wells Fargo Advisors is facing counts of fraud, negligence, unjust enrichment and vicarious liability in a lawsuit filed by the victims of a $35 million crypto Ponzi Go to Source Powered by WPeMatico
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations … Read more
Revised Crypto Laws in Japan to be Enforced Starting May 1
In May, the Payment Services Act and the Financial Instruments and Exchange Act — legislation governing crypto in Japan — will be enforced Go to Source Powered by WPeMatico
In Legal Battle With US SEC, Telegram Sees New Support From Trade Association
Telegram sees new support from the Blockchain Association in legal fight with SEC over $1.7 billion ICO for GRAM tokens Go to Source Powered by WPeMatico
People’s Bank of China Continues CBDC Development Talks
Bank of China continues CBDC development talks in Beijing via teleconference Go to Source Powered by WPeMatico
7 Crypto Firms Targeted by 11 Lawsuits in New York
The lawsuits accuse the defendants of issuing unregistered securities and failing to seek requisite licensing for their activities Go to Source Powered by WPeMatico
