Marshall Islands legally recognizes DAOs as domestic limited liability companies

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools.

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Marshall Islands passes law recognizing DAOs as legal entities

The Republic of the Marshall Islands (RMI) announced on December 22 that it had enacted the Decentralized Autonomous Organizations Act of 2022. The post Marshall Islands passes law recognizing DAOs as legal entities appeared first on CryptoSlate. дальше »

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Brazilian president signs crypto bill into law

The law includes many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers. дальше »

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Third parties could return FTX funds directly to customers: Law firm

According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings. дальше »

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Brazil’s President Signs Crypto Regulations Into Law

Companies in the sector will have 180 days to adapt to the new rules. дальше »

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FTX Creditors Hire Law Firm Paul Hastings as Representation

Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings. дальше »

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Bernie Madoff’s Lawyer: Sam Bankman-Fried Should ‘Shut Up’

Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection. дальше »

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Sam Bankman-Fried’s extradition to the US approved

Sam Bankman-Fried, the embattled FTX founder and former CEO, is set to be extradited to the United States following the latest court hearing since his arrest earlier this month. The former FTX CEO’s return to the US under the watch of law enforcement and eventual prosecution is all set. дальше »

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Chinese EV Company Nio Falls Victim to $2.25M Bitcoin Blackmail, Vows to Crack Down on Data Theft with Rule of Law

Coinspeaker Chinese EV Company Nio Falls Victim to $2. 25M Bitcoin Blackmail, Vows to Crack Down on Data Theft with Rule of Law The hackers are running a blackmail on Nio, and are asking for Bitcoin payment in exchange for user information stolen from the EV company. дальше »

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Crypto’s Responsibility to Law Enforcement in 2023 and Beyond

After a series of high profile exploits and indications that blockchain is being used to launder money, the industry and law enforcement have to develop better practices and tools to follow the money. дальше »

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Coinbase CEO calls for regulation of stablecoin issuers

Coinbase's CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. дальше »

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First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive

Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home. дальше »

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Nigeria Set To Consider Bitcoin As A Legal Tender: Here’s All You Need To Know

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Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.

The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court. дальше »

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Top cryptocurrencies that have mainstream adoption potential

Nigeria is set to pass a bill that can recognize Bitcoin (BTC/USD) as well as cryptocurrencies. The main goal is to keep up with global practices, and if the Investments and Securities Act 2007 (Amendment) Bill is signed into law, it could enable the local Securities and Exchange Commission to recognize cryptocurrency and other digital […] The post Top cryptocurrencies that have mainstream adoption potential appeared first on Invezz. дальше »

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Nigeria to Pass Law Legalizing Bitcoin Trading

Coinspeaker Nigeria to Pass Law Legalizing Bitcoin Trading If the suggested regulation efficiently solves the increasing Bitcoin use in the country, it possesses the power to catalyze the economy of Africa's most populated country. Nigeria to Pass Law Legalizing Bitcoin Trading дальше »

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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021. дальше »

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San Luis in Argentina to Create Dollar-Pegged Stablecoin

The Argentinian province of San Luis has passed a bill allowing it to issue a dollar-pegged stablecoin. The new law will also give local artists the chance to have their work minted as NFTs. The post San Luis in Argentina to Create Dollar-Pegged Stablecoin appeared first on BeInCrypto. дальше »

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Japanese Government To Ease 30% Crypto Tax Requirement – A Good Move?

Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business elsewhere. дальше »

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2023: The Year DAOs Follow the Law?

Decentralized autonomous organizations should make the necessary handshake with the existing legal system in order to mature and integrate with the rest of the global economy. дальше »

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Binance Under The Microscope As Market FUD Dominates

In the wake of the FTX failure, centralized crypto exchanges are now firmly in the sights of law enforcement, politicians, and of course, their user bases. As the largest of them all, Binance is feeling the heat as it attempts to introduce more transparency to its global operations. дальше »

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Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law. дальше »

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US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor

Renato Mariotti, partner at international law firm Bryan Cave Leighton Paisner, discusses why regulators are “eager to plant a flag” on the crypto industry. дальше »

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Anonymous crypto developers belong in prison — and will be there soon

Users are interested in knowing the identities of developers behind the games they play. And soon, lawmakers are likely to write such disclosures into law. дальше »

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Leading U.S. law firm Pomerantz files lawsuit against Silvergate Capital 

Pomerantz LLP has filed a class action lawsuit against Silvergate Capital alleging that the firm facilitated money laundering operations and misled customers. дальше »

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The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings

Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law enforcement on Monday, Dec 12, 2022. Authorities and crypto investors are keenly following the developments of SBF’s arrest, with the ensuing legal proceedings expected to throw more light on what led […] дальше »

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Ripple case will not be affected by LBRY loss, says Crypto Law founder

In a December 12 tweet, Ripple lawyer John Deaton provides clear-cut distinctions and reasons why the outcome of LBRY's case will not rub off on the Ripple and SEC point. дальше »

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$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul. дальше »

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All about Coinbase's Transparency Report and what the 66% surge in 2022 means

Coinbase received an upsurge of requests from law enforcement agencies Despite complying to governments' requests, Coinbase to honor user data In 2022, Coinbase received 66% more requests frThe post All about Coinbase's Transparency Report and what the 66% surge in 2022 means appeared first on AMBCrypto. дальше »

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Coinbase Report Says Law Enforcement Inquiries Into Crypto Spiked in 2022

Coinbase published its fourth Transparency Report highlighting crypto data requests from government agencies and law enforcement bodies. The post Coinbase Report Says Law Enforcement Inquiries Into Crypto Spiked in 2022 appeared first on BeInCrypto. дальше »

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Coinbase Saw 66% Jump in Law Enforcement Requests Last Year

Coinspeaker Coinbase Saw 66% Jump in Law Enforcement Requests Last Year Amid the crypto winter of 2022 and major bankruptcies this year 2022, law enforcement agency requests have doubled at Coinbase. дальше »

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Coinbase’s law enforcement requests rose 66% in 2022

Coinbase exchange, in its 4th transparency report, revealed that law enforcement requests for information on its over 108 customers have increased by 66% in the past year, with American authorities having the most requests. дальше »

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Coinbase Says Law Enforcement Requests Rose 66% From Year Ago

The number of requests from the U.S., which accounted for about 43% of the total, increased by 6%. дальше »

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Who’s expected to testify before Congressional hearings on FTX?

FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify. дальше »

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EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws

A final vote on the law has been repeatedly pushed back, even though a deal was struck in June. дальше »

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EU to Make Crypto Companies Report Tax Details to Authorities

The European Commission is going a step further than its crypto law MiCA as it seeks to tackle tax evasion дальше »

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Hong Kong Amends Finance Law to Incorporate Crypto Firms

Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June next year. дальше »

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Binance trains police in Thailand on Web3 and investigation techniques

Binance recently did a Web3 and blockchain workshop for Thai law enforcement. дальше »

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Chia Network executive convinced Ripple will lose to U.S. SEC

Chia Network's firm CEO, Gene Hoffman in a recent statement expressed his confidence on Ripple loosing to the SEC. According to the CEO, Ripple's chances of winning the law suit were minimal based on history and his accusations. дальше »

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Nifty News: Winamp adds NFT support, Atari gets physical and more

Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law.

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Paraguay's legislature fails to reverse presidential veto on crypto regulation law

Just 38 out of 80 members of Paraguay’s Chamber of Deputies voted to reconsider a bill to cap electricity rates for the country’s crypto miners. дальше »

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UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto

Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law. дальше »

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Malta plans to kick out NFTs from crypto law

In a recent move, Malta seeks to remove NFTs and their providers from its Virtual Financial Assets (VFA) law passed in 2018. Malta: NFT is not a crypto asset Malta’s Financial Services Authority (MFSA) stated on December 5 that it… дальше »

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Bankman-Fried Is a ‘Master of Deflection,’ Securities Lawyer Says

James Murphy, founder of law firm Murphy & McGonigle, discusses the former FTX CEO’s attempt at side-stepping probing questions and whether lawmakers in the U.S. have enough evidence to move forward with a criminal trial. дальше »

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"Crack down on crypto" could be the latest motto doing rounds thanks to...

US Senator Sherrod Brown proposed crackdown on crypto He justified the proposal by calling it a law against national security United States Senator Sherrod Brown indicated that a renewed camThe post "Crack down on crypto" could be the latest motto doing rounds thanks to... appeared first on AMBCrypto. дальше »

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Chinese Hangzhou Court calls for NFT regulation

China’s Hangzhou Court claimed that NFTs carry characteristics of property rights like value, scarcity, disposability, and readability, and therefore should be protected by the law. The post Chinese Hangzhou Court calls for NFT regulation appeared first on CryptoSlate. дальше »

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Malta Seeks to Remove NFTs From Crypto Law

The move anticipates new EU legislation by excluding non-fungible assets. дальше »

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Former Alameda CEO reportedly hires top DC law firm

Reports have emerged that Caroline Ellison, the former head of bankrupt crypto hedge fund Alameda Research, has acquired the services of a prominent Washington law firm. дальше »

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Chinese Court Applies Property Law to NFTs

Coinspeaker Chinese Court Applies Property Law to NFTs While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout. Chinese Court Applies Property Law to NFTs дальше »

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Bankruptcy Law Firms Boom as Crypto Firms Go Bust

As crypto firms continue to collapse in the wake of FTX, one group in particular has been benefitting: bankruptcy lawyers. The post Bankruptcy Law Firms Boom as Crypto Firms Go Bust appeared first on BeInCrypto. дальше »

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