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” Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21 “ Last week got off to an antsy start as the clause that many interpreted as a direct route to ban proof-of-work-(PoW)-based cryptocurrencies made a sudden comeback to the draft of the European Union’s key directive on digital assets….
” Old but gold: Can digital assets become part of Americans’ retirement plans? “ On March 11, the United States Department of Labor warned employers that sponsor 401(k) retirement plans to “exercise extreme care” when dealing with cryptocurrencies and other digital assets, even threatening to pay extra legal attention to retirement plans with significant crypto…
“What is the meaning of the Spring Equinox in life and spirituality?” After many months of long nights, a new day is upon us. In the Northern Hemisphere, we have experienced quite a frigid winter. However, a new season has arrived, bringing longer days and the bloom of spring. Learn what it means for you!…
” New Hampshire hopes its express approval of crypto-friendly law will attract new business “ The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form,…
” Class action suit against Coinbase alleges unregulated securities sales “ Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered securities exchange. The lawsuit lists 79 tokens that it claims are securities Coinbase is…
” Bank of Canada collaborating with MIT on CBDC research “ The Bank of Canada has partnered with the Massachusetts Institute of Technology (MIT) to work on a 12 month research project focused on the design of a Central Bank Digital Currency. According to a March 16 announcement, the bank will work alongside the MIT…
” Congress members concerned SEC stifling innovation with crypto scrutiny “ In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to Securities and Exchange Commission (SEC) Chairman Gary Gensler, challenging the regulator’s scrutiny of cryptocurrency firms and expressing concern that “overburdensome” investigation may be suffocating…
” Biden’s executive order promises great things for the crypto industry — Eventually “ United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive…
” Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14. “ As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’ financial offensive…
” Ally or suspect? The war in Ukraine as a stress test for the crypto industry “ It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the Russian economy…