UK Has New Crypto Framework
The United Kingdom is quietly pulling ahead in the global crypto regulation race, finalizing a comprehensive framework at a time when the United States remains tangled in legislative gridlock and regulatory turf wars.
Haystack in a Hurricane – The Legal Risks of Depicting Real People in NFTs
Matthew Savare, partner at law firm Lowenstein Sandler, joins Andy to explore the important legal issues surrounding the use of someone’s likeness in an NFT.
The Tokenized Economy – INX is pioneering the democratization of security token trading
Douglas Borthwick is Chief Marketing and Business Development Officer at INX. INX is building a regulated cryptocurrency, security token, and derivatives trading platform in the U.S. INX has just launched the world’s first fully regulated Security Token based IPO.
Leading exchanges & token issuers targeted by class-action lawsuits
Last week a series of lawsuits were filed against leading crypto exchanges and token issuers in a New York federal court.
Bitcoin now legal in South Korea, India, and “at par” with fiat in France
Against a grim macro outlook, there was some good regulatory news last month. A French court ruled that bitcoin is a legally recognized currency. The Indian Supreme Court overturned India’s crypto banking ban, and South Korea has now fully legalized crypto assets within its borders.
Bitcoin pulls back as the threat of US regulations looms
Bitcoin has pulled back from its 2020 high of $10,460 to a seven-day low of $9,517. Is this a healthy pullback or has the market reacted to news that US Treasury Secretary Steven Mnuchin says “significant” new crypto regulations are in the works?
Trump budget puts crypto in secret service crosshairs
To step up action against financial crime, the White House wants to bring the U.S. Secret Service—the agency tasked with protecting the nation’s leaders and safeguarding its financial system—back to its original home in the Treasury Department.
Deribit is moving to Panama as regulatory pressure mounts
Deribit, the popular Netherlands crypto derivatives exchange is relocating to Panama to avoid new AML regulations.
The stablecoin regulation landscape for 2020
With the announcement of the proposed Libra digital currency in 2019, even skeptical officials were forced to accept that crypto assets are here to stay. Stablecoins are seen as a priority for 2020, with national and global regulators publishing a variety of stablecoin research across the last 12 months.
SEC Commissioner Hester Peirce speaks out against global regulatory framework
SEC Commissioner Hester Peirce says countries should develop individual regulatory frameworks for crypto assets and not rely on a global framework for all jurisdictions.
Crypto dip follows political pushback against Facebook’s Libra
David Marcus, head of Calibra, was grilled at a Senate Banking Committee hearing yesterday following pushback against the Libra from both sides of the political aisle. The market responded with a sharp sell-off, with BTC dropping below $10,000. Is the US turning bearish on crypto?
Regulators give nod to non-custodial exchanges
A new statement from the SEC and FINRA suggests that non-custodial exchanges may have a headstart when it comes to navigating regulatory issues.
Security Tokens: between IPOs and ICOs
Yigal Arnon & Co lawyer Roy Keidar explores some key differences between shares purchased in a traditional IPO, and the coming wave of security tokens.
Virtual Currencies: Emerging Regulatory,Law Enforcement,and Consumer Protection Challenges
This report discusses federal financial regulatory and law enforcement agency responsibilities related to the use of virtual currencies and associated challenges and actions and collaborative efforts the agencies have undertaken regarding virtual currencies. To address these objectives, GAO reviewed federal laws and regulations, academic and industry research, and agency documents; and interviewed federal agency officials, researchers, and industry groups.
