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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines … Read more
Ongoing Telegram lawsuit reveals the SEC attacking Telegram’s TON blockchain development and lack of GRM token use cases Go to Source Powered by WPeMatico
Telegram CEO argues that iCloud is “now officially a surveillance tool,” citing a report on the FBI stopping Apple from encrypting users’ backups Go to Source Powered by WPeMatico
In its amicus curiae brief, the Blockchain Association argues that Telegram’s token sale complies with U.S. securities laws Go to Source Powered by WPeMatico
The SEC is targeting a U.S. ICO project for fraudulent claims, despite the relatively small sums collected Go to Source Powered by WPeMatico
Grayscale announces that its Bitcoin Trust will begin filing quarterly reports with the SEC Go to Source Powered by WPeMatico
The Chamber of Digital Commerce filed an amicus brief in the Telegram vs SEC case, asking the Court to affirm that a digital asset should not be considered a security just because it is based on blockchain Go to Source Powered by WPeMatico
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit has been postponed. But even a … Read more
WisdomTree brings a unique combination of being enterprise level and having financial regulatory experience, which it is bringing to the stablecoin space — with, perhaps, to soon have the first SEC-regulated crypto ETF Go to Source Powered by WPeMatico
Telegram CEO Pavel Durov gave a deposition regarding the alleged violation of U.S. securities law by conducting $1.7 billion Gram token sale in 2018 Go to Source Powered by WPeMatico