Law News
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...
OKX and Crypto.com Secure EU Licenses, Expand Global Custody Services
OKX and Crypto.com have obtained regulatory licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA), enabling them ...
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...
3 Post-Inauguration Lawsuits Against Musk’s Efficiency Agency Tumble Dogecoin Price
Everyone’s favourite dog-themed memecoin, Dogecoin, is down today after three lawsuits were filed within minutes of Donald Trump’s inaug...
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...
From Brokerage to Breach: Robinhood Pays Big for SEC Slip-Ups
Global financial platform Robinhood has been hit with a US $45m (AU $72m) fine after breaching more than ten securities laws, according to t...
Blockchain Groups Sue IRS Over Privacy-Invasive DeFi Reporting Rule, Citing Threats to Innovation
The Blockchain Association and the Texas Blockchain Council have filed a lawsuit against the US Internal Revenue Service (IRS), challenging ...
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...
New AUSTRAC Task Force to Combat Crypto ATM Use in Money Laundering
Australia’s financial crimes watchdog, AUSTRAC, has established an internal cryptocurrency taskforce in order to combat the growing use of...
Celsius Founder Alex Mashinsky Agrees to Plead Guilty in Crypto Fraud Case
Nearly three years on, the dust from crypto’s horror run in 2022 is starting to settle. Most will remember November 2022 – when FTX coll...
Senator Lummis pushes forward crypto plans after Trump victory: Law Decoded
United States Senator Cynthia Lummis expressed support for President-elect Donald Trump’s proposal for a Bitcoin reserve after Trump won t...