U.S crypto-regulations have become more aggressive and lack clarity, claims ShapeShift’s Chief Legal Officer

2019-8-20 18:30

While government organizations are yet to choose sides for drafting crypto-related regulations, crypto-exchanges (that predominantly serve as the front door to crypto-adoption) must keep up with changing requirements, or risk shifting to different geographies.

On a similar note, Veronica McGregor, ShapeShift’s Chief Legal Officer, spoke about the ongoing regulatory chaos and how the Switzerland-based crypto-exchange […]

The post U. S crypto-regulations have become more aggressive and lack clarity, claims ShapeShift’s Chief Legal Officer appeared first on AMBCrypto.

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SEC’s complaint against Kik is based on ‘flawed legal theory,’ claims Kik Interactive’s General Counsel

Kik Interactive Inc. , a messaging service, responded to the enforcement actions taken against it by the  U. S. Securities and Exchange Commission [SEC]. In a press release, Chief Executive Officer of Kik, Ted Livingston, said that they had been expecting this and now, they “welcome the opportunity to fight for the future of crypto.

2019-6-5 10:30


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

2019-1-24 20:28


R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.

2018-12-6 01:54


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EtherDelta SEC Action Could Impact Entire Industry, Experts Warn

Legal figures engaging with cryptocurrency are warning over continued regulatory uncertainty impacting businesses after US regulators fined EtherDelta almost $400,000 November 8. EtherDelta Could Set Precedent EtherDelta, which operated since 2016 as a smart contract on Ethereum, fell victim to securities obligations under the US’ Securities and Exchange Commission (SEC), leaving owner Zachary Coburn liable for penalties totaling $388,000.

2018-11-9 14:00


HKEX Report Recommends Crypto Regulation Under Existing Legal Frameworks

The Hong Kong Stock Exchange (HKEX) has released a new report detailing why cryptocurrency and blockchain should come under new regulation based on existing regulatory frameworks. Drafted by the Chief China Economist’s Office and Innovation Lab at HKEX, the report recommends rethinking of the use of blockchain and artificial intelligence (AI) applications to come under […]

2018-10-22 21:38


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Coinbase Appoints Brian Brooks As CLO to Expand Their Legal, Compliance and Government Affairs Capabilities

Coinbase CEO Brian Armstrong announced in a new blog post today that the exchange has hired a new chief legal officer. The position will be filled by Brian Brooks. Armstrong noted that as the cryptocurrency ecosystem is rapidly evolving, the company wants to contribute toward the regulations in this space and help shape public policy.

2018-9-21 15:49


Dubai Police Chief Believes Electronic Money Will Soon Replace Cash, Considering Legal Framework

Lt-Gen Dhahi Khalfan Tamim of the Dubai Police predicted at a recent panel discussion that electronic money will soon replace cash in the United Arab Emirates. There remains a growing concern among authorities in the region that a lack of community awareness exposes digital currency users to fraud, piracy and ties to money laundering.

2018-9-18 01:56


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Экс-сотрудник департамента внутренней безопасности США перешел работать в стартап Circle

Бывший сотрудник департамента внутренней безопасности США Гус Колдебелла (Gus Coldebella) начал работу в компании Circle, занимающейся производством одноранговых платежей. Он стал директором по правовым вопросам, отвечающим за все юридические, нормативные и государственные дела Circle.

2018-9-10 11:57


Бывший сотрудник Министерства внутренней безопасности США стал главным юристом Circle

Новым главой юридического отдела биткоин-стартапа Circle стал Гас Колдебелла, более четырех лет проработавший в Министерстве внутренней безопасности США и занимавший там аналогичную должность. We are proud to welcome Gus Coldebella into the Circle senior leadership team as Chief Legal Officer: https://t.

2018-9-10 08:43