Texas regulators order virtual casino to stop selling NFTs
The State Security Board considers the sale of 11,111 NFTs a “high-tech fraudulent securities offering.” Go to Source Powered by WPeMatico
USA
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Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Go to Source Powered by WPeMatico
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs. Go to Source Powered by WPeMatico
Warren’s battle to curtail crypto gets boost from Ukraine conflict
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation? Go to Source Powered by WPeMatico
CTFC looks at expanded authority to regulate crypto, for less than a 10% budget increase
The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers. Go to Source Powered by WPeMatico
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains. Go to Source Powered by WPeMatico
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill. Go to Source Powered by WPeMatico
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs. Go to Source Powered by WPeMatico
Old but gold: Can digital assets become part of Americans’ retirement plans?
Unsurprisingly, the role of crypto in retirement investment will depend on the asset class’ mainstream adoption. Go to Source Powered by WPeMatico
New Hampshire hopes its express approval of crypto-friendly law will attract new business
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry. Go to Source Powered by WPeMatico
