Cryptocurrency Law News

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...

California Assembly Passes Bill to Allow Cryptocurrency Payments for State Fees
California is one step closer to accepting cryptocurrency for state payments, as the State Assembly unanimously passed Assembly Bill 1180 (A...

Michigan Lawmakers Push Four Crypto Bills Including CBDC Ban and ETF Investments
US states continue their foray into the digital assets sector, following in the footsteps of President Donald Trump. In the first six months...

CFTC Commissioner Summer Mersinger to Take Helm at Blockchain Association
The Blockchain Association has announced that Summer Mersinger, current Commissioner at the Commodity Futures Trading Commission (CFTC), wil...

Bill to Ban US Officials Spruiking Crypto Introduced by US Democratic Senators
A group of 20 US Democrat senators have introduced a bill that seeks to ban senior government officials and their families from launching an...

Sanctions Against Tornado Cash Removed by US Government, Following Court Ruling Amidst North Korean Controversy
Tornado Cash surged over 76% within hours of the US government removing sanctions against them. A number of other privacy-focused cryptocurr...

US Crypto Legal Update: Stablecoins, Trump Debanking Order and IRS Crypto Rule
A lot has happened in the past couple of days in the legal landscape of the cryptocurrency industry. First, lawmakers have introduced a fres...

SEC Clarifies: Memecoins Are Collectibles, Not Securities, According to New Guidance
The Securities and Exchange Commission has updated its guidance on meme coins after a controversial few months for the sector. Under the Tru...