Cryptocurrency Law News
UK Financial Regulator Seeks Crypto Industry Input on New Rules to Curb High-Risk Trading
The UK’s FCA has released new discussion and consultation papers inviting crypto firms to weigh in on proposals aimed at expanding consume...
Samourai Wallet Co-Founder Gets 4 Years in Prison for $237 Million Bitcoin Laundering Scheme
Samourai Wallet co-founder William Hill was sentenced to four years for running an unlicensed business that laundered $237M in criminal proc...
Australia, U.S., and U.K. Sanction Russian Cybercrime Infrastructure and Crypto Laundering Network
In an allied show of cooperation against cybercrime, the governments of the U.S., Australia and UK have sanctioned a network of Russian-base...
Brazil Unveils Sweeping Crypto Regulations to Strengthen Market Oversight
Brazil’s central bank approved its most comprehensive crypto framework to date, requiring all virtual asset service providers to obtain au...
Australia’s Crypto Sector Welcomes New Rules, but Pushes for Clearer Guidance
Australia’s crypto law has broad industry support but faces calls for sharper rules. Treasury closed consultations on Oct. 24 after submis...
Sen. Warren Slams ‘Light-Touch’ Crypto Law, Urges Treasury to Rein In Stablecoin Risks
Senator Elizabeth Warren has criticised the GENIUS Act as a ‘light-touch’ framework that leaves major gaps in oversight for stablecoins ...
Coinbase CEO Sees Strong Bipartisan Momentum for US Crypto Market Bill
Brian Armstrong, CEO of Coinbase, has said the Digital Asset Market CLARITY Act could soon pass into law following what he described as stro...
EminiFX Founder Ordered to Repay $228.5M in Crypto Ponzi Case
A New York federal judge has directed Eddy Alexandre, founder of the defunct EminiFX platform, to repay US$228.5 million (AU$351.7 million) ...
Illinois Tightens Crypto Rules as Pritzker Slams Trump’s ‘Crypto Bros’
Illinois has enacted the Midwest’s first crypto-focused consumer protection framework after Governor JB Pritzker signed two pieces of legi...
GENIUS Act Back on Track After Presidential Pow-Wow with Republican Holdouts
The US crypto legislative agenda appears to be back on track after lawmakers voted on Wednesday, July 16, in favour of progressing three cry...
Senate Passes “One Big Beautiful Bill”: Crypto Tax Relief Nowhere in Sight
Republicans have just barely managed to pass the Donald Trump-backed ‘One Big Beautiful Bill’ through the US Senate to advance the conte...
Australian Money Laundering Scheme Busted: A$190M Converted to Crypto
Four people have been arrested for allegedly laundering millions of dollars in suspected criminal funds through “a complex web of deceptio...