Australian bill could imprison social network execs over violent content

Australia may take a stricter approach to violent online material than Europe in light of the mass shooting in Christchurch, New Zealand. The government is introducing legislation that would punish social networks that don't "expeditiously" remove "a… …

Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

On Jan. 31, Mt. Gox victims were enraged to hear that the founder of Coinlab, Peter Vessenes, is still causing problems for the former exchange’s rehabilitation process. According to information published by public attorney Daniel Kelman, Coinlab filed a claim for ¥1.7 trillion yen (US$16 billion) which is over and above every claimant’s filing. Also […]
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Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of South […]
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Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Russians to Be Allowed ICO Investments up to $9,000 per Year

Russian lawmakers have revised another bill regarding the regulation of the industry built around cryptocurrencies. In its latest version, the draft law on crowdfunding sets the maximum amount of money ordinary Russians will be permitted to invest in projects such as ICOs at less than $9,000 per year.      Also read: Lawyers to Help the […]
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Russians to Be Allowed ICO Investments up to $9,000 per Year

FSB: Crypto-Assets Not a Threat to Global Financial Order

Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.  Also Read: Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ Report Advocates ‘Vigilant Monitoring’ In a […]
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FSB: Crypto-Assets Not a Threat to Global Financial Order

California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […]
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California Passes Bill Defining Blockchain and Crypto Terms