Korean Crypto Exchanges Consider Suing Government Over Banking Requirements

Korean Crypto Exchanges Consider Suing Government Over Banking RequirementsAll cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law is unconstitutional. A number of exchanges are currently considering filing a […]

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US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group

US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights GroupThe New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional power grab.” FinCEN’s Proposed Crypto Wallet Rule Is Unlawful, Says NCLA The New Civil Liberties Alliance (NCLA), a nonpartisan, nonprofit […]

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Silk Road Mentor’s Arrest Rekindles Tales of Rogue Agents and Pirate’s Treasure

Silk Road Mentor Arrest Rehashes Tales of Rogue Agents and Pirate's TreasureOn January 30, the United States Attorney for the Southern District of New York (SDNY) revealed that Roger Clark, the alleged senior advisor to the Silk Road marketplace, pleaded guilty to conspiring to distribute massive quantities of narcotics. Clark, otherwise known as ‘Variety Jones,’ was a unique character within the Silk Road saga who claimed […]

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The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’

The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents'Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help “start shutting down technology before it’s built.” Haun’s […]

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Korean Supreme Court to Judge Whether Crypto Regulations Are Unconstitutional

Korean Supreme Court to Judge Whether Crypto Regulations Are UnconstitutionalThe case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Case Referred […]

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