Category: Law of the Chain
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Fed’s Barr says GENIUS Act lacks robust stablecoin guardrails
Federal Reserve Vice Chair Barr warns the proposed GENIUS Act lacks sufficient stablecoin regulations, highlighting ongoing regulatory tensions in cryptocurrency oversight and financial stability concerns.
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Philippine blockchain budget bill risks centralization and privatization according to lawyers
Philippine lawyers warn the proposed blockchain budget bill could lead to centralization and privatization, threatening decentralization principles and public sector transparency in government operations.
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Shenyu reveals massive Bitcoin seizure via key security flaw
The seizure demonstrates vulnerabilities in cryptocurrency security systems and highlights ongoing regulatory efforts to combat illicit activities through technical analysis.
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Cardano founder Charles Hoskinson unveils new government and policy center
Charles Hoskinson establishes a center to explore blockchain applications in governance, advancing Cardano’s real-world utility and institutional adoption potential.
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Bank of England imposes temporary stablecoin caps without setting an end date
The Bank of England’s indefinite caps on stablecoins create regulatory uncertainty, potentially limiting innovation and adoption in the UK’s digital asset market while awaiting permanent rules.
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Bitcoin Jesus pays fifty million dollars to avoid prison sentence
Roger Ver’s settlement with the IRS resolves a major tax evasion case, highlighting regulatory scrutiny on crypto figures and potential legal precedents for industry compliance.
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Ocean and Fetch.ai dispute escalates with legal threats exchanged
The legal escalation between Ocean and Fetch.ai reflects growing tensions in decentralized AI development, potentially impacting interoperability standards and collaboration in the Web3 ecosystem.
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WazirX to resume operations after court approval following $240 million hack
WazirX will resume operations after court approval following a $240 million hack, highlighting ongoing security vulnerabilities and regulatory oversight in cryptocurrency exchanges.
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California legislation preserves abandoned cryptocurrency holdings for owners
California legislation prevents state seizure of inactive cryptocurrency assets, establishing legal protection for digital property rights and setting precedent for other jurisdictions.
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California residents can reclaim lost Bitcoin through unclaimed property laws
California’s unclaimed property laws may enable recovery of lost cryptocurrency assets, reflecting growing regulatory recognition of digital currencies as protected financial holdings.
