Coinbase CEO: ‘It’s Time to Get CLARITY Done’ as 7-Day Senate Deadline Looms
Coinbase CEO Brian Armstrong announced that the sweeping U.S. cryptocurrency regulation bill, the CLARITY Act, has entered the final stretch.…
Category: Legal
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury has sanctioned two Iranian maritime firms involved in an alleged Islamic Revolutionary Guard Corps (IRGC)-backed insurance network,…
Debt crisis looms for South Korean crypto firms as new 200% rule takes effect
More than half of South Korea’s virtual asset service providers (VASPs) are at risk of closure as they fail to…
South Korea Moves to Freeze Crypto Accounts Suspected of Illicit Transfers
South Korea’s ruling Democratic Party has introduced a legislative amendment that would grant financial authorities the power to freeze cryptocurrency…
South Korean prosecutors renew push for 20-year sentence for Delio CEO in $190M crypto fraud case
South Korean prosecutors have again requested a 20-year prison sentence for Jeong Sang-ho, the CEO of troubled crypto deposit service…
A secret 11th-hour CLARITY proposal to protect crypto coders was just ripped apart by both sides of Washington
Senate negotiations over the landmark CLARITY Act are producing fresh concessions, but little evidence that the parties are moving closer…
India Crypto Tax: Experts Warn Missing Records Could Trigger Tax Notices
As there are only two days left until the ITR submission deadline in India, experts are reminding crypto investors to…
Australia sues Telegram over alleged failures to remove terror content
Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia…
South Korea plans to tax crypto gains over $1,740 as political battle moves to parliament
South Korea plans to impose an up to 22% combined tax on annual crypto gains exceeding 2.5 million won ($1,740).…
Coinbase Vice President: The Crypto Regulation Wars Are Over
Coinbase’s new Vice President, Ryan VanGrack, announced that the regulatory battles in the cryptocurrency sector are over. Since taking office…