Category: Law of the Chain
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Irish Central Bank fines Coinbase Europe $24.8 million for AML failures
The Irish Central Bank imposed a $24.8 million penalty on Coinbase Europe for anti-money laundering compliance failures, highlighting regulatory scrutiny on crypto exchanges in Europe.
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Coinbase tells US Treasury stablecoins should be treated like cash not debt
Coinbase argues stablecoin classification as cash would align with their transactional use, potentially reducing regulatory burdens and supporting broader cryptocurrency payment system integration.
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Seoul considers sanctions on North Korea after US crypto crackdown
South Korea aligns with US pressure campaign targeting North Korean crypto activities used for sanctions evasion and weapons funding, escalating financial isolation efforts.
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Judge rules FBI not at fault for $345 million in Bitcoin loss
A judge ruled the FBI not responsible for $345 million in missing Bitcoin, highlighting legal accountability gaps in cryptocurrency asset protection and recovery processes.
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ASIC chairman states Australia must adopt tokenized financial markets
Australia’s financial regulator acknowledges the necessity of adopting tokenized markets to maintain competitiveness and align with global financial innovation trends.
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Crypto leaders respond to Mamdani election win amid blockchain adoption concerns
Industry leaders express concern that Mamdani’s election could slow blockchain adoption in New York, potentially impacting regulatory progress and innovation in the state’s crypto sector.
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Samourai Wallet co-founder sentenced to five years in U.S. privacy crackdown
The sentencing demonstrates U.S. regulatory escalation against privacy-focused crypto tools, signaling heightened legal risks for developers and potential chilling effects on financial privacy innovation.
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Stablecoins boost payment competition according to Fed Governor Waller
Federal Reserve Governor Waller acknowledges stablecoins are increasing competition in payment systems, reflecting their growing role in financial innovation and market structure evolution.
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Binance and Buenos Aires promote sensible cryptocurrency adoption excluding meme coins
Binance partners with Buenos Aires to promote responsible cryptocurrency usage, focusing on education and stable assets while excluding volatile meme coins from adoption initiatives.
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Circle advocates for same-activity same-rules approach in GENIUS Act
Circle advocates for consistent regulatory treatment of similar financial activities, promoting fairness and clarity in digital asset markets under proposed legislation.
