Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
The U.K. Financial Conduct Authority (FCA) and partners shut down three illegal peer-to-peer crypto trading sites in London, signaling a crackdown on unregistered operations as regulations approach. #Breaking #Legal $BTC
The SEC introduces an “Innovation Exemption” for tokenized U.S. stocks on blockchains, effective immediately for five years, following the Clarity Act’s Senate stall. #Update #Crypto
The US Securities and Exchange Commission approved a temporary exemption for limited trading of tokenized US stocks on certain onchain venues, requiring transaction transparency and data publication. #Update #Crypto
@Crypto.com CEO Kris Marszalek announced that OG.com received SEC approval to offer single-stock futures in the US, marking a key regulatory milestone. #Update #Crypto $OG
The SEC approved limited tokenized NMS stock trading using automated market makers, marking a significant regulatory experiment in onchain finance. #Update #Legal
The SEC introduces a temporary ‘innovation exemption’ for tokenized securities, permitting platforms to tokenize real ownership assets while excluding synthetic tokens. This policy aims to facilitate on-chain trading. #Update #Crypto
@CelsiusNetwork has sued BitMEX affiliates for liquidations during the March 2020 crash, seeking 6,360 BTC (~$495M). Allegations include fraud and market manipulation. #Breaking #Legal $BTC
The Senate’s recent 49-50 vote against the CLARITY Act delays its progress as the House enters recess until after midterms; Tom Emmer remains optimistic about future revival. #Update #Crypto $BTC
Seven U.S. Senate Democrats, including Kirsten Gillibrand, stated the failed CLARITY Act is “not the end,” as Bitcoin, Ethereum, and XRP saw sharp sell-offs post-vote. #Update #Crypto $BTC $ETH $XRP
Celsius bankruptcy estate sued five BitMEX-linked companies for fraud and wrongful liquidations during March 2020, seeking recovery of nearly $490M in Bitcoin. #Breaking #Legal $BTC
@Celsius bankruptcy estate sues five BitMEX-linked companies for fraud and wrongful liquidations during the March 2020 crash, seeking nearly $490M in damages. #Breaking #Legal $BTC
Michael Saylor expects U.S. regulators to advance crypto rules under existing laws, with banks expanding bitcoin custody and BTC-backed lending. #Update #Crypto $BTC
SEC and CFTC to advance crypto regulations independently after CLARITY Act vote fails, says @Brian_Armstrong. Circle CEO remains optimistic for future legislative success. #Update #Crypto
CFTC Chair Michael Selig and SEC Chair Paul Atkins commit to advancing crypto regulations after the Clarity Act’s Senate defeat, utilizing existing authorities. #Update #Legal
