Aug 9, 20222 min read
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BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, NXT Law
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Aug 9, 20223 min read
Tornado Cash: can Smart Contracts weather a sanction storm?
The US Treasury has announced it has sanctioned the collection of smart contracts known as Tornado Cash. In 2018, the Office of Foreign...
Aug 8, 20223 min read
Aug 5, 20222 min read
UK Law Commission recommends recognition of digital assets as property
In a consultation paper issued last week, the Law Commission of England and Wales (the Commission) recommended that the British...
Jul 29, 20222 min read
SEC investigating Coinbase for dealing in unregistered securities
Earlier this week, Bloomberg reported that the US Securities and Exchange Commission (the SEC) is probing Coinbase - a prominent...
Jul 27, 20222 min read
Stablecoins lead the regulation race
It is a momentous time for global financial markets. Interest rates continue their ascent followed swiftly by inflation and business...
Jul 22, 20222 min read
Jul 21, 20222 min read
Reserve Bank Governor reserves crypto praise for stablecoins
At a G20 finance officials meeting on Sunday, the Governor of the Reserve Bank of Australia (RBA), Dr Philip Lowe, made comments...
Jul 21, 20222 min read
Jul 15, 20222 min read
Celsius files for bankruptcy, under investigation
Embattled crypto lender, Celsius Network (Celsius), has filed for bankruptcy in New York. The filing follows a statement issued by the US...
Jul 14, 20222 min read
Shanghai Govt launches $1.5B Metaverse Development Fund
The Shanghai Government has announced the launch of a US$1.5 billion Metaverse Development Fund as part of measures designed to boost its...
Jul 12, 20222 min read
US Fed's Vice Chair pushes for crypto regulation
Speaking at the recent Bank of England Conference, the Vice Chair of the Federal Reserve, Lael Brainard, has urged crypto regulation as a...
Jul 12, 20222 min read
U.S Treasury releases framework for responsible development of digital asset regulation
The United States Treasury has issued a framework on crypto-assets designed to assist US government agencies to work with foreign...
Jul 8, 20222 min read
SEC Chair confirms BTC is a commodity but infers ETH is a security
In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chairman Gary Gensler confirmed his view that Bitcoin is a...
Jul 8, 20222 min read
Grayscale takes SEC to Court over spot bitcoin ETF
Grayscale, a bitcoin investment trust, has failed in its attempt to convert its Bitcoin Trust, known as GBTC, into an exchange-traded...
Jul 7, 20222 min read
US and Korea to collaborate on Terra/Luna investigations
Representatives of the US and the Republic of Korea (South Korea) have agreed to collaborate and share investigation data regarding...
Jul 7, 20222 min read
EU to implement "travel rule" for crypto transfers
The EU Parliament and Council have reached a provisional deal to curb money laundering and terrorism financing in Europe by implementing...
Jul 1, 20222 min read
Hong Kong to licence VASPs and regulate market conduct
After a public consultation completed last year, the Hong Kong Government has gazetted draft legislation which is expected to implement a...
Jul 1, 20222 min read
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