Crypto Law Articles

Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express.

SEC scores partial win against blockchain firm Opporty over $600K ICO

A United States federal judge sided partially with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in a 2018 ICO.

Hong Kong to align crypto OTC derivative rules with European standards

Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers.

South Korea fines Worldcoin for violating personal protection laws

Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26.

Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO

28 Sep 2024 | Crypto Law

Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.

John Deaton vows to fight federal CBDC, calls it ’a hill to die on’

28 Sep 2024 | Crypto Law

John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run.

OpenAI’s move to for-profit: Is it indeed ‘illegal’?

28 Sep 2024 | Crypto Law

OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

Germany seizes 47 crypto exchanges tied to ‘underground economy’

20 Sep 2024 | Crypto Law

German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon.

AI agents could be policing all crypto txs within 5 years — Chainalysis CEO

20 Sep 2024 | Crypto Law

Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers.

US ‘far behind’ on crypto, election no quick fix — Ripple APAC boss

20 Sep 2024 | Crypto Law

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple Asia Pacific managing director Fiona Murray.

Supreme Court of India YouTube channel hijacked to shill XRP

20 Sep 2024 | Crypto Law

The Supreme Court of India’s YouTube channel fell victim to a Ripple and XRP scam, promoting fraudulent investments via a fake livestream.

SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams

20 Sep 2024 | Crypto Law

The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with fraud.

VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector

20 Sep 2024 | Crypto Law

Ex TradFi guy VonMises has built up one of the best NFT collections on the planet by selling when he can, not when he has to.

SEC asks court for four months to produce documents for Coinbase

20 Sep 2024 | Crypto Law

The financial regulator requested an extension until February 2025 to review “at least 133,582 unique documents” as part of discovery motions with Coinbase.