A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines.
Category: Regulation News
European Central Bank releases first CBDC progress update
The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.
Celsius small business creditors demand reimbursement after 35% cut in claims
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts.
DFX Labs clears Hong Kong’s AML requirement for crypto license
While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.
Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.
'Privacy-minded' CBDCs are a wolf in sheep’s clothing
CBDC developers have made little progress in developing products capable of “preserving privacy,” and government is not complaining.
SEC drops investigation into Ethereum: Law Decoded
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as […]
Blockchain Association objects to IRS broker rule in letter
The Washington DC-based blockchain advocacy group argued the IRS’ broker rule provisions violate the Paperwork Reduction Act.
Chief author behind President Biden’s crypto EO rejoins administration
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an […]
Louisiana’s new crypto law protects node operators, bans CBDC
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset […]