BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
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...
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...
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...
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...
75% of US Retail merchants planning to accept crypto
Deloitte recently published a report that looked into the overall attitudes and investments in the adoption of digital currency payment...
SEC considering action as it probes BNB sale
The US Securities and Exchange Commission (SEC) have commenced an investigation into whether Binance Holdings Limited (Binance) breached...
California embraces blockchain with new crypto executive order
California Governor, Gavin Newsom, has issued an executive order - Executive Order N-9-22 - earlier this week relating to...
US DoJ charges accomplices to Ethereum developer's North Korea sanctions scheme
The US Department of Justice (DOJ) has brought charges against two European citizens alleging a conspiracy to violate US sanctions...
For mining out loud: New York State Legislature passes bill blocking non-renewable crypto mines
The New York Legislative Assembly has recently passed Bill A7389C that imposes a two-year moratorium on crypto mining firms that utilise...
SEC Chair's negative crypto narrative continues
SEC Chair Gary Gensler has recently announced another set of initiatives to expand investor protections in the $2 trillion cryptocurrency...
Cashing in on the 'ECASH' bill: US Bill signals move to digital dollar
Lawmakers in US Congress have tabled a new Bill - the Electronic Currency and Secure Hardware Act (ECASH) - that if passed, would direct...
ANZ leads the way with A$DC - the world's first stablecoin minted by a bank
In a watershed moment for Australian crypto-markets and crypto globally, the Australia and New Zealand Banking Group Limited (ANZ) have...
Afghans turn to crypto in light of Western sanctions
A trend is emerging that citizens of countries subject to sanctions in response to regional conflicts are turning to cryptocurrencies to...
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...
US SEC investigating NFTs
The United States Securities and Exchange Commission (SEC) has once again put the crypto space in its cross-hairs by reportedly planning...