The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.
Crypto Law Articles
Taiwan opens digital asset ETF market to professional investors
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Elon Musk’s X ban dispute with Brazil takes toll on local crypto community
Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.
Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Samourai Wallet forked into ‘Ashigaru’ Open Source Project
According to the website, Ashigaru uses CoinJoin and other mechanisms to shield users from analytical heuristics and tracking.
Australia to require crypto firms to hold financial services licenses
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges.
Bitcoin poised for potential rally as FTX payout looms and Fed shifts
The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.
Stablecoins and crypto are threatening fiat money dominance in Eastern Asia
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.
AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer
Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers.
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst.
China still controls 55% of Bitcoin hashrate despite crypto ban
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021.
Bankroll Network DeFi hacked, $50M phisher moves crypto on CoW: Crypto-Sec
Bankroll Network is reportedly drained of $230,000 through a loan exploit, while a phishing scammer used CoW protocol for laundering.