BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
Kraken avoids further crack down after SEC settlement
Payward Ventures Inc. and Payward Trading Ltd, the two entities behind global crypto exchange Kraken, have announced an end to their...
Dubai releases virtual asset regulations
Dubai's Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued the...
NAB to launch AUDN stablecoin
National Australia Bank (NAB) is set to join big-four competitor ANZ in launching its own stablecoin called AUDN by mid-2023. AUDN will...
SEC targets Gemini Earn
On 12 January 2023, the United States Securities and Exchange Commission (SEC) charged leading cryptocurrency firm Genesis Global Capital...
EU offers path to regulated token offerings
On 10 October 2022, the European Parliament Committee on Economic and Monetary Affairs endorsed the full text of the Markets in Crypto...
Some Celsius crypto to go to custody customers?
Embattled cryptocurrency business, Celsius Network, presently under bankruptcy protection in the US, is seeking court approval in New...
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...
ASX completes test pilot of blockchain settlement
The Australian Securities Exchange (ASX) recently won their first victory in their blockchain settlement scheme, effecting a test-pilot...
State Street on the road to tokenisation
State Street, one of the world's largest asset management and custody firms, has announced plans to work towards tokenising funds and...
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...
GameStop launches NFT Marketplace
GameStop, the American video game retailer, has announced the launch of its NFT marketplace, GameStop NFT. Launching on Ethereum using a...