Category: Law of the Chain
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SEC Considers Regulatory Exemption to Advance Asset Tokenization Ethereum ETHNews
The SEC is considering a regulatory exemption for asset tokenization projects to ease requirements. Current exemptions like Reg D and Reg A remain, while new bills like GENIUS and CLARITY advance crypto oversight.
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SEC Chair Atkins considers innovation exemption to boost tokenization
SEC Chair Paul Atkins proposes an innovation exemption to promote tokenization, supporting blockchain’s potential to transform financial infrastructure while ensuring proper regulations and disclosures.
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UK elections: How crypto donation risks are dividing MPs
UK MPs debate banning crypto donations over foreign interference risks, with Labour supporting a ban while Reform Party embraces crypto as innovative campaign financing.
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NCA Officer Who Stole Bitcoin From Crime Network Jailed for Five and a Half Years – Decrypt
Former UK NCA officer Paul Chowles jailed for 5.5 years for stealing 50 Bitcoin during a Silk Road 2.0 investigation. The stolen BTC, worth $77K in 2017, now valued at $5.6M.
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Why FTX ruling on China payouts matters: Global precedent at stake
The FTX bankruptcy estate seeks court approval to withhold payouts to creditors in 49 ‘restricted countries,’ including China. Creditors warn this sets a dangerous global precedent for crypto bankruptcies.
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Bitcoin De Minimis Tax Exemption Backed By Trump: White House
The White House confirms President Trump supports a $600 de minimis tax exemption for Bitcoin and crypto payments to simplify small transactions, aligning with his goal to make the U.S. a crypto leader.
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‘Short-Term Contraction’ Expected as Hungary Adds Crypto Trading to Criminal Code – Decrypt
Hungary’s updated criminal code imposes prison terms for unlicensed crypto trading, causing market uncertainty. While targeting illegal operations, compliant exchanges can continue under EU’s MiCA regulations by 2026.
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Former rugby player sentenced for $900K crypto mining Ponzi
Former rugby player Shane Moore sentenced to 2.5 years for running a $900K crypto mining Ponzi scheme, defrauding 40+ investors with false promises of daily returns.
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‘Historic win’ for crypto! – GENIUS Act heads to Trump for final approval
The U.S. House passed the GENIUS Act, a stablecoin bill, advancing to President Trump for final approval. This marks a historic step for crypto legislation, with bipartisan support and industry praise.
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Indian crypto users may ‘force’ policy shift amid mounting demand
Indian crypto leader Sujal Jethwani predicts government policy shifts due to rising crypto demand, despite current high taxes and restrictive regulations, as traders increasingly adopt digital assets.