UK Law Commission recommends ‘distinct’ legal category for crypto
The United Kingdom’s Law Commission is pushing for the creation of a “distinct” category of personal property to accommodate and protect the unique features of...
Singapore to require crypto firms to put user assets into trusts by year-end
Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore...
Thai SEC bans the use of customer crypto assets for lending and investment
Thailand’s Securities and Exchange Commission (SEC) has issued new rules for digital asset service providers focused on investor protection.The new guidelines require digital asset service providers...
Belarus planning to ban P2P crypto transactions
Belarusian President Alexander Lukashenko in 2022 signed a decree allowing free circulation of cryptocurrencies like Bitcoin in the country. The announcement somewhat seems to contradict...
Belarus wants to ban P2P cryptocurrency transactions
The Belarusian foreign ministry is working on legal amendments to prohibit peer-to-peer, or P2P, transactions in cryptocurrencies like Bitcoin (BTC).The Ministry of Foreign Affairs (MFA)...
AI-generated fake news sparks rumors of Gary Gensler’s resignation
False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial...
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by submitting a...
Hong Kong establishes task force to advance Web3 development
As part of Hong Kong's ongoing commitment to embrace the "megatrend" of Web3 development, it has established a diverse group of industry and government officials...
Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that...
Binance Labs incubation program season 6 opens as AltSignals presale hits 96.71%
Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the...