Category: Law of the Chain
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Fake Japanese Bride Drains a Korean Man’s Savings via Crypto Scam
A Korean man lost $73,500 in a crypto romance scam after a fake Japanese bride convinced him to invest in a fraudulent exchange. Authorities plan a campaign to combat such scams.
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Brazil’s 17.5% crypto tax: How the new rules hurt small investors most
Brazil introduces a 17.5% flat crypto tax on all gains, eliminating previous exemptions that benefited small investors with tax-free sales under 35,000 reais monthly.
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Brazil Crypto Tax 2025: Flat 17.5% Rate Replaces Exemptions
Brazil introduces a flat 17.5% crypto tax in 2025, replacing the previous progressive model and eliminating monthly exemptions. The new rule applies to all digital asset activities, including DeFi and NFTs.
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Ripple claims no formal ties with Linqto amid share price manipulation scrutiny from SEC and DOJ
Ripple denies formal ties with Linqto amid SEC and DOJ scrutiny over alleged share price manipulation. Linqto sold Ripple equity via SPVs, misleading some investors. Investigations focus on non-accredited investors and regulatory violations.
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Crypto Tax Changes Didn’t Make It into Senate’s One Big Beautiful Bill – “The Defiant”
Senator Lummis’ proposed crypto tax exemptions for small transactions and miners/stakers were excluded from the Senate’s OBBB bill, but she vows to continue advocating for these changes.
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Spot Ripple (XRP) ETF Coming Up Next? SEC Approves Grayscale’s Multi-Crypto ETF
The SEC approved Grayscale’s Digital Large Cap Fund conversion to a multi-crypto spot ETF, sparking optimism for future altcoin ETFs like XRP. The fund includes BTC, ETH, SOL, XRP, and ADA.
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Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
A US court allows Celsius to pursue claims against Tether for recovering $4B in Bitcoin, alleging preferential transfers and unauthorized liquidation before Celsius’s 2022 collapse.
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SEC approves Grayscale’s multi-crypto index ETF: XRP, SOL, ADA to gain
The SEC approved Grayscale’s multi-crypto index ETF, including XRP, SOL, and ADA. Analysts predict Bitwise’s BITW could be next. Whale activity shows mixed signals for XRP and ADA amid ETF optimism.
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Grayscale ETF Gets Approved as New Guidance Drops: Traders Look to Snorter Token
The SEC approved Grayscale’s Digital Large-Cap Fund conversion to an ETF, offering diversified crypto exposure. New guidelines streamline ETF listings, boosting institutional adoption. Traders eye Snorter Token amid regulatory progress.
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ECB Plans Crypto Ledger Technology as CBDCs Advance: Choose Best Wallet Custody Instead
The ECB plans to implement DLT for financial settlements via a dual-track strategy, while advancing CBDCs. Concerns over privacy and control contrast with self-custody solutions like Best Wallet.
