# The new episode of crypto regulation: The Empire Strikes Back

# The new episode of crypto regulation: The Empire Strikes Back

“# The new episode of crypto regulation: The Empire Strikes Back ” The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity…

Read More
# Binance lawsuit: Claimants mount up in arbitration for decentralization

# Binance lawsuit: Claimants mount up in arbitration for decentralization

“# Binance lawsuit: Claimants mount up in arbitration for decentralization ” When does decentralization stop being an experiment in technological democracy and start being a way to avoid accountability? That’s the question at the heart of a potential $100 million arbitration lawsuit against cryptocurrency exchange Binance, where close to 1,000 traders seek damages for losses…

Read More
# ‘Surveillance state’: Australian police given sweeping new hacking powers

# ‘Surveillance state’: Australian police given sweeping new hacking powers

“# ‘Surveillance state’: Australian police given sweeping new hacking powers ” Sweeping legislation allowing officials from the Australian Federal Police and Australian Criminal Intelligence Commission to target suspected criminals online has passed through the country’s parliament with bipartisan support. On August 25, the Identify and Disrupt bill passed through Australia’s Senate, introducing three new warrants…

Read More
# ‘Don’t kill crypto’ billboard goes up in Alabama in advance of House tackling infrastructure

# ‘Don’t kill crypto’ billboard goes up in Alabama in advance of House tackling infrastructure

“# ‘Don’t kill crypto’ billboard goes up in Alabama in advance of House tackling infrastructure ” Digital rights advocacy group Fight for the Future has publicly called out Alabama lawmaker Richard Shelby for preventing an amendment clarifying the role of crypto in the infrastructure bill to be addressed in the United States Senate. Fight for…

Read More
# Kyrgyzstan reportedly introduces regulations for crypto exchanges

# Kyrgyzstan reportedly introduces regulations for crypto exchanges

“# Kyrgyzstan reportedly introduces regulations for crypto exchanges ” The government of the Kyrgyz Republic is moving forward to cryptocurrency adoption by introducing a national regulatory framework for crypto trading platforms. Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency operating under the Ministry of Economy and Finance, has developed…

Read More
# Let’s be clear: Blockchain technology is infrastructure

# Let’s be clear: Blockchain technology is infrastructure

“# Let’s be clear: Blockchain technology is infrastructure ” In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on…

Read More
# Thai SEC proposes new rules for digital asset custodians

# Thai SEC proposes new rules for digital asset custodians

“# Thai SEC proposes new rules for digital asset custodians ” The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns. On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of investors’ cryptocurrency holdings held by digital asset business operators. The…

Read More
# Upbit reportedly first crypto exchange to file with Korean regulators

# Upbit reportedly first crypto exchange to file with Korean regulators

“# Upbit reportedly first crypto exchange to file with Korean regulators ” Major South Korean cryptocurrency company Upbit has reportedly submitted a business report with the Korean Financial Intelligence Unit (FIU). Upbit reported its digital asset business to the FIU, which operates under South Korea’s top financial regulator, the Financial Services Commission (FSC). Upbit’s operator,…

Read More