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Category: Legal

Trump Removes IRS Commissioner, Pro Crypto Scott Bessent to Serve as Acting Head

Posted on August 9, 2025 by US_admin

U.S. President Donald Trump reportedly intends to remove Billy Long as the IRS Commissioner. In his stead, the president will nominate pro-crypto Scott Bessent, who… Continue reading

Posted in Legal

The jury’s journey to the Roman Storm verdict

Posted on August 9, 2025 by US_admin

A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash.… Continue reading

Posted in Legal

SEC Drops Ripple Appeal Signaling Shift in Crypto Regulation — But Uncertainty Remains

Posted on August 9, 2025 by US_admin

The U.S. Securities and Exchange Commission (SEC) and Ripple jointly dropping their appeals shows a big shift in how U.S. regulators handle crypto from now… Continue reading

Posted in Legal

Pierre Poilievre Reaffirms Stance Against Canadian CBDC

Posted on August 8, 2025 by US_admin

Canadian Conservative Party leader Pierre Poilievre once again slammed plans by the Bank of Canada to create a central bank digital currency (CBDC) in a… Continue reading

Posted in Legal

India Launches Major Crackdown on Crypto Traders Over Undisclosed Income

Posted on August 8, 2025 by US_admin

In a major enforcement action, India’s Income Tax Department has sent out thousands of notices to crypto traders who failed to disclose their transactions in… Continue reading

Posted in Legal

Dubai and UAE move to align crypto frameworks under new partnership

Posted on August 8, 2025 by US_admin

The United Arab Emirates (UAE) has taken a significant step toward harmonizing its approach to crypto regulation. The country’s Securities and Commodities Authority (SCA) and… Continue reading

Posted in Legal

Hong Kong’s stablecoin KYC rules leaves industry observers concerned

Posted on August 8, 2025 by US_admin

Bo Tang, head and assistant director at HKUST, believes that Hong Kong’s stablecoin bill’s strict customer identification requirements could hinder the adoption of those currency-backed… Continue reading

Posted in Legal

India Chases Crypto Tax Evaders With Over 44,000 Warning Notices

Posted on August 8, 2025 by US_admin

India’s Income Tax Department has sent notices to 44,057 cryptocurrency traders who it believes failed to report their transactions for the 2025 financial year. In… Continue reading

Posted in Legal

BestChange restrictions lifted as popular crypto exchange aggregator returns to Russia

Posted on August 8, 2025 by US_admin

Russian authorities are unblocking BestChange’s website, a popular cryptocurrency exchange data provider in the Russian-speaking segment of the market. The decision, made by the Bank… Continue reading

Posted in Legal

$12B BSV delisting claim against Binance, Kraken hits UK Supreme Court

Posted on August 8, 2025 by US_admin

A £9 billion ($12 billion) legal claim against Binance, Kraken, and a number of other major crypto exchanges has reached the UK Supreme Court in… Continue reading

Posted in Legal

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