Regulation
The waters of crypto regulation are murky and ever-changing, with sharks circling around every turn. Governments and regulatory bodies around the world are grappling with how to navigate this new terrain, with some countries embracing the potential of blockchain technology while others crack down on it with force. The lack of clarity around regulatory frameworks, combined with the rapidly evolving nature of the crypto landscape, creates a challenging environment for businesses and investors alike. Just like a shark that needs to constantly adapt to its environment to survive, those in the crypto industry must stay informed and nimble to stay ahead of the curve. Here we offer insights into the latest regulatory developments and how they may impact the industry, empowering our readers to stay ahead of the game.
Prosecutors in Montenegro Appeal, Leading to Revocation of Bail for Do Kwon
According to a recent report from Bloomberg on May 24, Terraform Labs co-founder Do Kwon and former chief financial officer...
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Binance refutes fund mismanagement allegations, dismisses them as a ‘conspiracy theory’
Binance has strongly denied allegations of fund mismanagement, categorizing them as nothing more than a 'conspiracy theory.' The denial was...
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South Korea to consider legislation mandating cryptocurrency asset disclosure for lawmakers
South Korean lawmakers are set to vote on a bill that would require disclosure of cryptocurrency assets by officials in...
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Influencer Receives Settlement Demand Through NFT After $7M Token Presale
An influencer known as Ben.eth has received a settlement demand through an NFT, which contained explicit language, alleging their involvement...
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Competing regulatory bills take center stage in US House stablecoin hearing
The United States House of Representatives' hearing on stablecoins focused on the debate between state and federal regulation, as lawmakers...
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Lawsuit Against Craig Wright Poses Potential Threat to Open Source Software, Warns Bitcoin Defense Lawyer
During the Bitcoin 2023 event in Miami on May 18, Jessica Jonas, the Chief Legal Officer of the nonprofit Bitcoin...
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New European Tax Directive Mandates Reporting of All Crypto Asset Transfers
The European Council has given its approval to updated regulations that expand tax reporting obligations to encompass transfers of crypto...
Read moreClass-Action Lawsuit Filed Against Bancor DAO for Alleged Failure to Deliver on Impermanent Loss Protection Promises
A class-action lawsuit has been filed against Bancor decentralized autonomous organization (DAO), its operator BProtocol Foundation, and its founders in...
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Court Denies SEC Motion to Seal Hinman Documents, Marking a Victory for Ripple
In a significant development for Ripple and the broader crypto community, United States District Judge Analisa Torres has denied a...
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South Korean Crypto Exchanges Upbit and Bithumb Raided by Authorities Following Political Scandal
In the wake of allegations against lawmaker Kim Nam-kuk, South Korean authorities conducted raids on the offices of two local...
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