Category: Law of the Chain
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Senate Schedules December Vote on Cryptocurrency Market Structure Bill
The Senate scheduling a vote indicates legislative momentum for crypto regulation, potentially shaping market oversight and institutional participation in the digital asset industry.
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Justin Sun comments on TUSD and legal actions involving ARIA and FDT
Justin Sun’s statements on TUSD and legal matters involving ARIA and FDT highlight ongoing operational and regulatory scrutiny within the Tron ecosystem and stablecoin sector.
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South Africa Central Bank Shelves Retail CBDC and Supports Payments System Upgrade
The South African Reserve Bank prioritizes modernizing existing payment systems over a retail CBDC, reflecting a pragmatic approach to financial infrastructure and digital currency strategy.
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South Korean Police Officers Indicted in $186 Million Crypto-Laundering Case
The indictment of South Korean police officers for crypto-laundering highlights systemic corruption risks and regulatory enforcement challenges within the digital asset sector.
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Binance assists EU agencies in crackdown on cryptocurrency-funded digital piracy networks
Binance collaborated with EU law enforcement to disrupt piracy networks using cryptocurrency, highlighting crypto exchanges’ role in combating illicit finance and regulatory compliance.
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Spain proposes 47 percent cryptocurrency tax drawing criticism and regulatory warnings
The proposed tax rate has generated significant backlash, with critics warning it could lead to regulatory instability and hinder Spain’s digital asset market development.
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North Korea’s Lazarus Group Connected to $30 Million Upbit Cryptocurrency Theft
The attribution to a state-sponsored actor highlights the persistent threat of nation-state cybercrime targeting cryptocurrency exchanges for illicit funding.
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Upbit hack attributed to North Korea’s Lazarus group as Seoul opens probe
The attribution to Lazarus underscores persistent state-sponsored cyber threats targeting crypto exchanges, highlighting ongoing security vulnerabilities and geopolitical risks in the digital asset sector.
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South Africa Central Bank Finds No Urgent Need for Digital Currency
The South African Reserve Bank’s assessment indicates a cautious approach to digital currency adoption, reflecting broader global central bank deliberations on financial innovation and stability.
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South Africa Central Bank Finds No Urgent Need for Digital Currency
The South African Reserve Bank’s assessment indicates a stable existing payment system, suggesting CBDC development is not a current priority for monetary policy or financial inclusion.
