Cryptocurrency Analysis and News Portal
To help out the recently duped investors of FTX Tokens (FTT), shareholder rights litigation firm — Schall Law Firm — has taken up the task of investigating the investors’ claims against FTX for violations of the securities laws.It is estimated that over one million people have lost their life savings
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“Recent events have highlighted once again the importance of having adequate regulation of crypto markets” to protect client assets and the wider economy, McGuinness, commissioner for financial services, said in the letter to Irene Tinagli, chair of the European Parliament’s Economic and Monetary Affairs Committee, and Zbyněk Stanjura, the Czech
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Hong Kong’s legislative council has passed a new amendment to its anti-money laundering (AML) and terrorist financing system to include virtual asset service providers.The latest legislation will establish a new licensing regime for virtual asset service providers, set to come into effect from June 1, 2023. The new amendment will
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A blog by Stephen Eckersley, ICO Director of Investigations 6 December 2022 John Edwards, UK Information Commissioner, recently set out our strategic approach to regulatory action where he said: “Members of the public, and those affected by a breach or
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Pakistan is intensifying efforts to launch its CBDC and has issued a timeframe within which it’ll achieve its aim.Pakistan might be the latest in a long list of countries looking to harness the potential of using central bank-issued digital currencies (CBDC). This follows after it announced new regulations in hopes
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Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so. Original Source
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The Japan Virtual and Crypto Assets Exchange Association, the governing body that deals with crypto assets in Japan, released documents of plans to further ease crypto laws in the country. According to a Bloomberg report, as early as December of this year, the association wants to implement a looser screening process
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The Information Commissioner’s Office (ICO) has fined Easylife Ltd £1,350,000 for using personal information of 145,400 customers to predict their medical condition and target them with health-related products without their consent. The company was also fined £130,000 for making
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In a complaint filed Monday in the Western District of Texas’s Austin Division, the U.S. Securities and Exchange Commission (SEC) said Balina promoted an unregistered securities offering for SPRK tokens between April and July of 2018, and did not disclose that he was paid by the Cayman Islands-based issuer, Sparkster
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"Even if the SEC were to engage in a belated, post-discovery transaction-by-transaction analysis to identify XRP offers and sales with contracts, its claim would still fail as a matter of law. Not one of those contracts granted post-sale rights to recipients as against Ripple or imposed post-sale obligations on Ripple
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