Tag: law

The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent on June…

Securities and Exchange Commissioner Hester Peirce discussed a possible United States crypto legal framework, giving a reminder that not all uses are financial. Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, a commissioner at the U.S. Securities and Exchange Commission has argued. On…

The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the…

Bermuda and Nigeria are moving faster on crypto than Australia and the land Down Under will soon “need to be up to speed,” says Loretta Joseph. The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair of a new crypto think tank. Loretta…

The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase’s rulemaking petition. Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator. In a June 17 letter filed in…

The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders. Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,” leading to enforcement actions. According to…