Category: Law of the Chain
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Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets
Sweden expands its asset seizure law to include cryptocurrencies, allowing authorities to confiscate digital assets without direct proof of crime, raising concerns over civil liberties.
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Tether’s last stand? GENIUS Act leaves USDT with 3 doors AND a ticking clock
The GENIUS Act pressures Tether to comply with U.S. regulations, exit the market, or launch a new stablecoin. USDC may gain ground, but Tether’s dominance remains strong despite regulatory challenges.
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Crypto Investor’s Wife Kidnapped for Ransom: Court Hands Down 12-Year Sentences
A Belgian court sentenced three kidnappers to 12 years for abducting a crypto entrepreneur’s wife, demanding a crypto ransom. The case highlights security risks in the crypto space.
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Oregon Vs Coinbase: AG Pushes To Keep Lawsuit In State Court
Oregon’s AG seeks to keep the lawsuit against Coinbase in state court, rejecting the exchange’s push to move it to federal court over securities law interpretations.
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Donald Trump Threatens Tariffs Of Up To 70% Ahead July 9 Deadline
President Donald Trump threatens tariffs up to 70% on imports from key trading partners if agreements aren’t reached by July 9, potentially impacting global markets and consumer costs.
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Hackers steal $140M from Brazilian central bank reserve accounts via partner breach
Hackers stole $140M from Brazil’s central bank reserves by breaching a software vendor. Funds were moved to commercial accounts and partially converted to crypto. Investigations and asset freezes are ongoing.
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Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown
Turkey has blocked access to PancakeSwap and 45 crypto websites for unauthorized operations, as regulators tighten control over digital asset services under new compliance rules.
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US Congress Passes Invest America Act – News Bytes Bitcoin News
The US Congress passed the Invest America Act, granting every American child a $1,000 federal investment account at birth starting July 4, 2026.
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Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase
A HarrisX survey shows 73% of US crypto investors approve of Trump’s crypto policies, with 64% more likely to invest. Bullish sentiment rose, with 60% expecting price increases soon.
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Brazil’s central bank service provider hacked, $140M stolen
Brazil’s central bank service provider C&M Software was hacked, resulting in $140M stolen from six institutions. Hackers converted $30M-$40M to crypto and laundered it through exchanges. An employee allegedly sold login credentials for $2,700.