Category: Law of the Chain
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Senior South Korean Police Officials Indicted in Cryptocurrency Bribery Case
The indictment of senior police officials for crypto bribery highlights systemic corruption risks within regulatory bodies, potentially undermining public trust and enforcement integrity in South Korea’s digital asset market.
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European Union advances controversial law mandating scanning of private communications
The EU is advancing a controversial law requiring mandatory scanning of private communications, raising significant privacy and encryption concerns across member states.
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Do Kwon requests a five-year US prison sentence for TerraUSD collapse
The founder of Terraform Labs is seeking a reduced sentence in the US, highlighting the ongoing legal consequences of the 2022 stablecoin collapse that erased billions in market value.
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Crypto.com Executive Confident Courts Will Uphold CFTC Jurisdiction Over Prediction Markets
A Crypto.com executive expresses confidence that courts will uphold the CFTC’s jurisdiction over prediction markets, highlighting a key regulatory stance in the evolving crypto derivatives landscape.
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Australia unveils landmark digital asset laws to protect investors and accelerate innovation
Australia’s new digital asset legislation aims to enhance investor protection and foster innovation, potentially shaping the regulatory landscape for cryptocurrencies and blockchain technology.
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Trump-linked crypto firm Alt5 Sigma fires its CEO and COO during legal scrutiny
The leadership changes at Alt5 Sigma occur amid legal scrutiny, highlighting potential governance and compliance challenges for firms operating at the intersection of politics and cryptocurrency.
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Switzerland delays automatic crypto tax data sharing until 2027
Switzerland’s delay in implementing crypto tax data sharing until 2027 provides a multi-year adjustment period for the country’s financial sector and crypto asset holders.
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Australia introduces cryptocurrency custody legislation with heavy penalties for breaches
Australia’s proposed legislation imposes strict penalties for custody breaches, aiming to enhance consumer protection and regulatory oversight in the digital asset sector.
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Australia Introduces Bill to License Cryptocurrency Exchanges
The Australian government has introduced legislation to regulate digital asset exchanges, requiring them to obtain a financial services license for consumer protection and market integrity.
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CFTC urges cryptocurrency CEOs to help shape regulation for US market structure
The CFTC is engaging crypto industry leaders directly to inform regulatory frameworks, highlighting a collaborative approach to governance as digital asset markets mature in the US.
