law

ENS developers urge Unstoppable Domains to drop patents or face lawsuit

ENS developers urge Unstoppable Domains to drop patents or face lawsuit 17/11/2023 at 20:03 By Cointelegraph By Ana Paula Pereira ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations. This article is an excerpt from Cointelegraph.com News View Original Source

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Global securities body IOSCO unveils crypto regulatory framework proposals

Global securities body IOSCO unveils crypto regulatory framework proposals 17/11/2023 at 13:04 By Cointelegraph By Amaka Nwaokocha According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction. This article is an excerpt from Cointelegraph.com News View Original Source

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US Congress members urge financial authorities to invalidate SEC’s SAB 121

US Congress members urge financial authorities to invalidate SEC’s SAB 121 16/11/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets. This article is an excerpt from Cointelegraph.com News View

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Turkey mulls addressing licensing and taxation in new crypto rule

Turkey mulls addressing licensing and taxation in new crypto rule 16/11/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha Bora Erdamar from the BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse. This article is an excerpt from Cointelegraph.com News View Original Source

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Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department

Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department 15/11/2023 at 00:02 By Cointelegraph By Turner Wright State authorities may be investigating the fake registration for a BlackRock “iShares XRP Trust” following a referral from Delaware’s Division of Corporations. This article is an excerpt from Cointelegraph.com News View Original Source

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Tornado Cash users file appeal over judgment in favor of US Treasury

Tornado Cash users file appeal over judgment in favor of US Treasury 14/11/2023 at 23:02 By Cointelegraph By Turner Wright The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court. This article is an excerpt from Cointelegraph.com News View Original Source

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FTX files billion-dollar lawsuit against ByBit over asset withdrawals

FTX files billion-dollar lawsuit against ByBit over asset withdrawals 12/11/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform. This article is an excerpt from Cointelegraph.com News View Original Source

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Indian Supreme court rejects crypto petition, highlights legislative nature

Indian Supreme court rejects crypto petition, highlights legislative nature 11/11/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature. This article is an excerpt from Cointelegraph.com News View Original Source

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Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M

Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M 10/11/2023 at 17:04 By Cointelegraph By Helen Partz Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. This article is an excerpt from Cointelegraph.com News View Original Source

Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M Read More »

EU backs Data Act with clause to shut off smart contracts

EU backs Data Act with clause to shut off smart contracts 10/11/2023 at 05:03 By Cointelegraph By Jesse Coghlan The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC 09/11/2023 at 05:02 By Cointelegraph By Jesse Coghlan The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. This article is an excerpt from Cointelegraph.com News View Original Source

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‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023 08/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. This article is an excerpt from Cointelegraph.com News View Original Source

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Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX 07/11/2023 at 16:04 By Cointelegraph By Robert Knight Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. This article is an excerpt from Cointelegraph.com News View Original Source

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Hong Kong issues rules for asset tokenization as interest mounts

Hong Kong issues rules for asset tokenization as interest mounts 02/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. This article is an excerpt from Cointelegraph.com News View Original Source

Hong Kong issues rules for asset tokenization as interest mounts Read More »

Ripple’s legal chief questions SEC case losses under Gensler

Ripple’s legal chief questions SEC case losses under Gensler 02/11/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. This article is an excerpt from Cointelegraph.com News View Original Source

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SolarWinds and CISO accused of fraud, control failures

SolarWinds and CISO accused of fraud, control failures 31/10/2023 at 11:16 By Help Net Security The Securities and Exchange Commission announced charges against SolarWinds and its CISO, Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities. The complaint alleges that, from at least its October 2018 initial

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Ripple CEO criticizes former SEC Chair Jay Clayton’s comments

Ripple CEO criticizes former SEC Chair Jay Clayton’s comments 29/10/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. This article is an excerpt from Cointelegraph.com News View Original Source

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Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’ 27/10/2023 at 18:01 By Cointelegraph By Turner Wright The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages. This article is an excerpt from Cointelegraph.com

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