Cryptocurrency Law News
Ransomware Profits Tumble 35% to $813M in 2024, Marking First Decline Since 2022: Chainalysis
Despite the popular perception of increasing threats by ransomware, a report by Chainalysis suggests things are actually looking up. Year-ov...
GENIUS Move: Senator Hagerty Introduces US Stablecoin Bill
US Senator Bill Hagerty presented a bill on Tuesday to establish a regulatory framework for stablecoins, according to a report from Bloomber...
SBF’s Parents Seek Presidential Pardon After 25-Year Sentence, May Consult Trump Insiders
The title says it all, and it looks like everyone wants to be pardoned these days. And that’s because Trump’s use of presidential pardon...
Court Sides with SEC, Dismisses Kraken’s Jurisdiction Defence in Crypto Oversight Battle
The Securities and Exchange Commission (SEC) has secured a partial victory against cryptocurrency exchange Kraken after a federal court in C...
SEC Withdraws Controversial SAB 121, Shifts Crypto Accounting Guidance
A widely disliked accounting rule has finally received its marching orders: the controversial SAB 121 is being axed. SEC Commissioner Hester...
TD Cowen Warns Trump’s Memecoin Could Spark Partisan Strife, Delay Crypto Legislation Efforts
Much to the surprise of pretty much everyone, President Donald Trump launched a memecoin last Friday. While waiting for his inauguration on ...
Fun No More: Law Firm Pursues Legal Action Against Pump.fun as Platform Cashes in Millions
US-based legal firm Burwick is planning to take legal action against Solana-based meme coin platform pump.fun, it announced on platform X, e...
UK Judge Rejects $1.19 Billion Bitcoin Recovery Case, Citing Unrealistic Success Odds
A decade-long legal battle over a hard drive containing £600 million (AU$1.19 billion) worth of Bitcoin has ended in defeat for James Howel...
China Tightens Grip: New Regulations to Curb Risky Crypto Trades Among Banks
China’s topsy-turvy relationship with cryptocurrency has entered a new, disheartening phase for Mainland investors. Once upon a time, the ...
End of the Line: Montenegro Extradites Terraform Co-Founder Do Kwon to the US
Montenegro has extradited Do Kwon, the former CEO of Terraform Labs, to the United States and handed over to FBI agents at Podgorica Airport...
Australian Court Fines Kraken $8 Million for Operating Unlawful Credit Facility
Global crypto exchange Kraken is in trouble with Australian regulators – to the tune of AU $8m. Kraken’s history in Australia stre...
Czech Republic to Exempt Long-Term Bitcoin Holdings from Capital Gains Tax Starting 2025
The Czech Republic has introduced a new tax exemption law stating that crypto transactions can be excluded from personal taxation as long as...