Category: Law of the Chain
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itcoin Jesus Battles $48M Tax Extradition, 109-Year Threat
Roger Ver, known as ‘Bitcoin Jesus,’ is fighting extradition to the U.S. over $48M tax fraud charges, facing a potential 109-year sentence. He claims Spain violated legal protocols in approving the extradition.
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CLARITY Bill Could Delay Over Last-Minute Push for Anti-CBDC Clause; Report
The CLARITY Bill faces delays due to last-minute efforts to add anti-CBDC provisions, with Republicans pushing for stronger language amid bipartisan concerns over potential impacts on the bill’s progress.
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Russian Lawmakers Pass Digital Ruble Bill as CBDC Rollout Nears
Russian lawmakers approved a digital ruble bill, setting a September 2026 rollout for the CBDC. The bill now moves to the Federation Council and President Putin for final approval.
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Sen. Cynthia Lummis ‘Alarmed’ Over Low Bitcoin Reserve Reports
Sen. Cynthia Lummis expresses concern over reports revealing the U.S. Bitcoin Reserve holds only 28,988 BTC, far less than the estimated 200,000 BTC, sparking market speculation.
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SEC Delays Decision on Bitwise Bitcoin, Ethereum ETFs’ In-kind Redemptions – Decrypt
The SEC has delayed its decision on in-kind redemptions for Bitwise Bitcoin and Ethereum ETFs until September 8, reflecting continued regulatory caution despite a more favorable crypto political climate.
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El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets
Pakistan and El Salvador establish diplomatic ties to collaborate on digital assets, sharing blockchain expertise and advancing crypto policies despite IMF constraints.
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Crypto bills stall in US House as second vote drags past four hours
US House deadlocked on crypto bills including Clarity Act, GENIUS Act, and Anti-CBDC bill. GOP rift over anti-CBDC provisions threatens bipartisan support. Vote remains stalled after four hours.
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OG Bitcoin investor Roger Ver sues Spain to avoid trial in US crypto tax case
Roger Ver sues Spain to block US extradition over alleged $48M crypto tax evasion. He claims Spain violated his rights in approving extradition for contested 2014 exit tax on $240M crypto sales.
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UK lawmakers push to ban crypto donations in political campaigns
UK lawmakers propose banning crypto donations in political campaigns due to traceability concerns and risks of foreign interference, contrasting with the US’s more accepting stance.
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FOIA Response Reveals US Marshals Control Just 29,000 BTC — Where’s the Rest? – Crypto News Bitcoin News
A FOIA response shows the U.S. Marshals Service holds 28,988 BTC, far less than the estimated 200,000 BTC believed to be in government possession, raising questions about the remaining Bitcoin.