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"Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s underlying business activities – at that time and for all time,"
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A recent report released by the United Kingdom’s Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 Bitcoin core developers, argues the Bitcoin Legal Defense Fund (BLDF).In a 300-page report on digital assets published in late June, the Law Commission — an independent body
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A lawyer leading the United Kingdom’s Law Commission’s review of the application of British laws toward digital assets has stressed the need for further clarity around cryptocurrency lending.Laura Burgoyne unpacked the details of the organization’s four major recommendations to the U.K. government in an interview with Cryptox. This comes after
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Latest bill brings total compensation bills to $16.4 million for bankruptcy and restructuring firm. Original Source
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European Union lawmakers have agreed to move ahead with the
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The United Kingdom’s Law Commission is pushing for the creation of a ‘distinct’ category of personal property to accommodate and protect unique features of cryptocurrencies and digital assets.The body made the recommendation alongside three other key points following a mandate from the British government to carry out a common law
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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The UK Law Commission has submitted its proposal to the government to provide a comprehensive legal foundation for digital assets. As crypto adoption grows in the UK, lawmakers have started demanding a proper law base governing digital assets. The UK Law Commission has proposed having proper crypto rules to make
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“As such, we recommend that, as a matter of priority, the Government sets up a multi-disciplinary project to formulate and put in place a bespoke statutory legal framework that better and more clearly facilitates the entering into, operation and enforcement” of certain crypto collateral arrangements, the commission said. Source
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New York District Court Judge Lewis A. Kaplan on Friday denied Bankman-Fried's request saying neither Fenwick & West nor the FTX Debtors are part of the “prosecution team.” The government "has no obligation to produce materials that are not within its possession, custody, or control," the order added. Original Source
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