Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
The UK has officially recognized digital assets as property under national law, following the US. The Property (Digital Assets etc) Act provides clear ownership rules for cryptocurrencies and stablecoins. #Update #Crypto $BTC $ETH
The U.K. has officially recognized cryptocurrency as property with the passage of the Property (Digital Assets etc) Act, enhancing legal clarity and protections for digital asset owners. #Update #Legal $BTC $ETH
The SEC enforces Rule 18f-4, prompting revisions to Direxion’s 3x leveraged ETF filings tied to $BTC and $ETH, ensuring compliance with derivatives regulations. #Update #Crypto
The Nigerian High Court dismissed former Binance executive Tigran Gambaryan’s lawsuit against EFCC and the Office of the National Security Adviser. #Update #Legal
@Bitnomial is set to launch the first CFTC-regulated spot cryptocurrency trading platform, allowing direct trading of digital assets on a federally regulated exchange. #Update #Crypto $BTC $ETH
Swiss and German law enforcement, supported by Europol, shut down the illegal cryptocurrency mixer Cryptomixer, seizing over $29 million; the platform laundered €1.3 billion since 2016. #Breaking #Legal $BTC
@MicroStrategy’s shares fell over 40% this year, raising concerns about the sustainability of bitcoin digital asset treasury models; however, some experts see potential for growth amid consolidation. #Update #Crypto $BTC
SEC Commissioner Hester Peirce asserts self-custody of crypto is a fundamental right, emphasizing financial privacy as essential. Meanwhile, Bitcoin self-custody declines as ETFs gain popularity. #Update #Crypto $BTC
@Coinbase submitted policy recommendations to the CFTC, advocating for clearer regulations on DeFi and stablecoins, highlighting their potential to enhance U.S. derivatives markets. #Update #Crypto $USDT
Kalshi faces a class action lawsuit for allegedly operating unlicensed sports betting and market manipulation, violating state laws. #Breaking #Legal
@CoinShares has withdrawn three cryptocurrency ETF plans, indicating no shares were sold post-S-1 registrations. This comes amid shifting regulatory expectations, while other issuers like Franklin Templeton continue to advance their ETF initiatives. #Update #Crypto $SOL $XRP $LTC
Interpol designates scam-compound networks using crypto as a global threat linked to organized crime and human trafficking, complicating law enforcement efforts. #Update #Legal
Interpol designates crypto-related fraud as a transnational criminal threat, targeting scam centers using coerced labor across 60+ countries. $11B in crypto tied to these scams since July 2022. #Breaking #Legal
@BlackRock’s Bitcoin ETF approaches a milestone as Nasdaq seeks SEC approval for a 1M-contract IBIT options cap, enhancing liquidity and transparency in crypto derivatives. #Update #Crypto $BTC
