Seattle’s medical marijuana vendors accept crypto, residents don’t file income tax returns here, and the Governor signed a blockchain bill.
Crypto Law Articles
Wallet in Telegram app temporarily blocked for UK users due to restructuring
Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.
South Korean foundation to recover funds from defunct crypto exchanges
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.
FTX finalizes settlement with Emergent over $600M Robinhood shares claim
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.
SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”
Singapore probes illegal Worldcoin accounts and token sales
Singapore is investigating unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.
Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia’s crypto ecosystem.
Congressional elections critical for crypto’s future in the US
The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris.
Tether stablecoin issuer and Tron launch financial crime unit
Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
Latvia’s central bank opens pre-licensing consultations to crypto companies
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.
Crypto Super PAC pours $660K into Senate race as US election closes in
With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide.
Kazakhstan mulls Binance, Bybit for digital asset trading
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.