News about LEGAL

News about Legal

Sam Bankman-Fried and FTX straw donors made tens of millions of dollars in illegal political contributions, DOJ alleges

submitted by /u/ChemicalGreek [link] [comments]

IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender

submitted by /u/Bitcoin_Maximalist [link] [comments]

International Monetary Fund released a paper today stating that cryptocurrency should not be granted legal tender status to safeguard monetary sovereignty and stability.

This doesn't come as a big surprise to anybody but it's still interesting to view their biggest fears and concerns. International Monetary fund paper can be found here. https://www.imf.org/en/Publications/Policy-Papers/Issues/2023/02/23...

Dapper Labs told by a judge that NFTs created on proprietary blockchains may be securities. NFTs on Ethereum are not attacked by the same legal argument. This could be quite important.

submitted by /u/hexayurt [link] [comments]

Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking

Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake. The Proof of Stake Alliance (POSA), a...

Composable Finance CEO denies legal violations as CTO steps down

The chief technology officer stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO....

Legalize Crypto Investments in Retirement Accounts, Republican Says

submitted by /u/Dusty2402 [link] [comments]

All Crypto ATM Firms in UK Are Illegal, Says FCA

It hasn’t been up to two months since Elliptic, a blockchain analytics firm, published a report detailing its prediction for crypto regulations this year. The firm said 2023 would see increased sanctions in the crypto space as global regulators...

UK FCA to take action against unregistered, illegal cryptocurrency ATMs

According to the FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator. The United Kingdom’s...

Legal business

Give me your thoughts and opinions on a business that buys and sells bitcoin much like a pawn shop would with gold/silver. Do you guys think this would be legal? Why would it be legal to trade this way with other commodities but not with bitcoin? A l...

US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles

A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that...

JUST IN - Mexican senator: "Bitcoin legal tender. The future will be decentralized"

https://preview.redd.it/qglmqrdx2kha1.png?width=679&format=png&auto=webp&s=f520fa5047e548845dd39e0fdc0e340f76a3cea5 submitted by /u/hiddntoor [link] [comments]

Mississippi Bill Legalizes Bitcoin Mining in Residential and Industrial ... - Blockworks

Mississippi Bill Legalizes Bitcoin Mining in Residential and Industrial ...& & Blockworks

???????? UK could BAN saving with its CBDC, making it illegal to "hoard" the digital pound - Telegraph‼️????

submitted by /u/Dramatic_Tour_9461 [link] [comments]

Is it possible for a fork to allow centralised entities to claim bitcoin from wallets? | Craig Wright Legal Case

As the title suggests, I recently came across news of Craig Wright’s legal battle as the self proclaimed Satoshi Nakamoto. The legal case is petitioning to have the developers “change the code”, in a fork of sorts, to allow them to access Satoshi’s b...

Arizona Senator Wendy Rogers Pushes Bill To Make Bitcoin Legal Tender

submitted by /u/Schwammosaurus_Rex [link] [comments]

SEC And CFTC Legal Action Against Mango Markets Hacker Will Boost DeFi, Moody

The recent spree of regulatory actions in the DeFi ecosystem got positive reactions from the credit rating firm Moody. In a recent development, the Commodities Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) took legal...

Coinbase Wins Dismissal of Lawsuit Claiming It Sold Tokens Illegally

submitted by /u/Jocogui [link] [comments]

MakerDAO launches $5 million legal defense fund

MakerDAO will set up the Defense Fund with an initial 5 million DAI. The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO participants. Funds will be secured in a multisig wallet, with the Maker Prot...

MakerDAO launches $5M legal defense fund

At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin. According to Feb. 1 tweet, MakerDAO has approved the creation of a n...

Regulators Seek Crypto Blood, They Shatter Annual Record With 58 Legal Actions

In the last year, many have claimed the crypto industry is under attack by U.S. regulators and recent data supports this perception. The agencies in this country shattered all previous records, since 2013, in terms of legal actions against companies...

Opinion: Should Bored Ape buyers be legally entitled to refunds?

It isn’t clear whether a 25-year-old European Union law means you should be allowed to get refunds on your NFTs. Should people who purchase nonfungible tokens (NFT) be...

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