Treasury consults on crypto tax legislation
In June this year, Australian Treasurer, Jim Chalmers released a media statement with Assistant Treasurer, Stephen Jones, confirming that...
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BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
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Tether loan to Celsius could be tested by crypto creditors
The application of insolvency principles to digital assets has come under speculation after stablecoin issuer Tether recovered a USD$840...
English Courts to further consider developers' duty of care
The English Court of Appeal has granted leave in Tulip Trading v Van de Laan & Ors to further consider the question of whether developers...
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...
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...
USD$7B Fund Hasn’t Offloaded Crypto Amid Market Volatility
Anthony Scaramucci - who rose to fame as the short-lived Communications Director in the Trump Administration, and current founder and CEO...
US DOJ seizes $28M in crypto from serial ransomware actor
The US Department of Justice (DOJ) has seized US$28 million worth of cryptocurrency - primarily Bitcoin - from a hacker who is alleged to...
Crypto during a crisis - Ukraine collects funds in BTC, ETH and other coins
The Ukrainian Government has announced that it will be accepting cryptocurrency donations to assist with the Russian-Ukrainian conflict....
Rouble/crypto transactions soar following sanctions hitting Russia
The volume of trades involving Rouble and Tether (as well as Bitcoin and other cryptocurrencies) have skyrocketed in the past few days,...
Critical bug in Coinbase reported and fixed
A security engineer under the user name 'Tree of Alpha' has been paid USD$250,000 as a 'bug bounty' for locating a frighteningly simple...
Crypto businesses make a blitz play: Ranking the Superbowl LVI crypto advertisements
It's a long held tradition - businesses paying an obscene amount of capital to get a mere few seconds of airtime during the big dance -...
Russia warms up to crypto - agrees to treat crypto as currency
The government and bank of Russia are hard at work drafting a new law which will define crypto as an “analogue of currencies” , set to be...
Craig Wright ordered to pay $142m Kleiman litigation
In the recent ground-breaking case of Kleiman v Wright[1], new focus was brought once again on who the true inventor of bitcoin may be....
Home run swing: bitcoin as payment for Perth Heat
The Perth Heat, a team in the Australian Baseball League, has announced it will become the first professional sporting club to pay its...
AFR: Australian regulators yet to understand digital assets
The Australian Financial Review (AFR) has reported shortcomings in the understanding of digital assets in Australia by regulators,...
Cuban Currency Solution: Cuba to Recognise Cryptocurrency
The Republic of Cuba has announced it will begin recognising and regulating cryptocurrencies. Resolution 215, published in the country's...
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