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“# US Government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’ ” Lawyers representing the United States government have filed a legal memo opposing the dismissal of charges for Virgil Griffith, a former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People’s Republic of Korea, or DPRK. According to…
“# Multiparty computation: The Trojan Horse of crypto regulation ” Every once in a while, the crypto community crowns a new king for secure transactions, and the latest king seems to be multiparty computation, or MPC. This year, MPC adoption by custodial and noncustodial players has progressed and gained market traction at a rapid pace….
“# Blockchain is good for hodling, but not for voting: Bad Crypto news of the week ” Bitcoin continues to move through the gears. The currency is up more than 12 percent over the week and is now playing with the $18,000 mark. And it’s not just the US dollar that Bitcoin is bashing. It’s…
“# The Long Arm of Justice: How Far Can the DoJ Really Go in Prosecuting Foreign Actors? ” In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is an important source of…
“# Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20 ” Editor’s no Amid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions…
“# IMF lawyers argue that central banks need reform before they can issue CBDCs ” On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications. In the paper, researchers including IMF legal counsel Wouter Bossu and Catalina Margulis argue that current frameworks are…
“# US regulator wants to stop banks from blacklisting legal businesses, crypto included ” Per an announcement on Friday, the Office of the Comptroller of the Currency, or OCC, is looking for public comments on rule-making that would stop banks from denying services to businesses based on sector. In the words of Comptroller Brian Brooks,…
“# Singapore ready to launch wholesale CBDC, local exec says ” Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. Speaking on the subject during an exclusive interview with Cointelegraph, Mohanty pointed out that…
“# Watch out, fraudsters are claiming they are from Blockchain.com ” Fraudulent actors currently float around the internet claiming association with crypto trading and wallet company Blockchain.com, as confirmed by the Financial Conduct Authority, or FCA, a United Kingdom-based regulatory entity. The copycats assert association with Blockchain.com under Blockchain Ltd, a clone version of the…
“# Outgoing SEC Chair Jay Clayton reveals what’s driving the rise of BTC ” The outgoing SEC Chairman Jay Clayton, who oversaw the rejection of nine Bitcoin ETFs during his tenure, has told CNBC that “inefficiencies” in the current payments systems are continuing to drive the popularity of Bitcoin. Appearing on CNBC’s Squawk Box yesterday…