Cryptocurrency Law News
Ukraine’s President Signs Crypto Bill into Law Amid Fighting a War
Ukrainian President Volodymyr Zelenskyy has signed into law a bill that legalises the cryptocurrency sector and establishes a more favourabl...
Australian Insurers Include ‘Crypto-Asset Exclusions’ in their AFSL Policies
Australian insurance providers have begun including specific crypto-asset exclusions in their professional indemnity coverage for financial ...
Key Takeaways From President Biden’s Long-Awaited Crypto Executive Order
US President Joe Biden has signed an executive order calling government agencies to examine the risks and benefits of cryptocurrencies. What...
EU Scraps Plans to Ban Proof-of-Work Following Backlash
In what has been heralded as a victory for Bitcoin, European lawmakers have backtracked on provisions in a crypto regulation bill that would...
Senator Urges Australian Blockchain Industry to Pick Up the Pace
Liberal Senator Andrew Bragg has urged the Australian blockchain industry to pick up the pace or risk falling behind other developed nations...
Ukraine Vice Prime Minister Calls on Crypto Exchanges to Block Russian Users
Mykhailo Fedorov, Ukraine’s vice prime minister and minister of digital transformation, has requested that major crypto exchanges block th...
Former Bored Ape Owner Sues OpenSea for $1 Million in Damages
Timothy McKimmy, a Texas-based NFT (non-fungible token) collector, is suing OpenSea for US$1 million in damages after his Bored Ape #3475 wa...
Californian Lawmaker Files Bill Allowing Residents to Let State Accept Crypto
California is now allowing its citizens to cover the cost of government services with crypto. The bill, which was sponsored by Democratic Se...
FBI Announces Crypto Crime Division to Tackle Ongoing Ransomware Attacks
The US Department of Justice has announced the establishment of the National Cryptocurrency Enforcement Team (NCET). The unit, which will sp...
US Congressman Introduces ‘Keep Your Coins Bill’ to Prevent Government Confiscation
In the wake of mounting concerns relating to private companies and the Canadian federal government denying financial services to m...
Australian Billionaire Launches Criminal Case Against Meta for Fake Crypto Ads
Australian mining magnate Andrew ‘Twiggy’ Forrest has launched criminal proceedings against Mark Zuckerberg’s Meta conglom...
US Lawmaker Introduces Bill Prohibiting ‘Surveillance Tool’ Retail CBDC
A US lawmaker is seeking to stop the Federal Reserve from issuing a CBDC (Central Bank Digital Currency) directly to its consumers due to co...