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Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

India Darknet Policing Ramps Up Following Drug Racket Arrests

India Darknet Policing Ramps Up Following Drug Racket Arrests

Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.

Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness

Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness

Blockchain transactions confirm the interconnection between four prominent ransomware strains. A good sign for law enforcement to deter illicit money transfers.

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

2020 has been quite a year for Hong Kong, marked by months of political unrest, the emergence of the coronavirus pandemic, and a sweeping new national security law that China imposed on the city. The national security law, unanimously passed by China’s ruling Communist Party, sets up against secession, subversion, terrorism, and collusion with foreign forces to endanger national security.

Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis

Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis

Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

China Gears Up for its Digital Currency and Implements New Crypto Law

China Gears Up for its Digital Currency and Implements New Crypto Law

As a part of its plans for releasing its central bank digital currency (CBDC) soon, China has implemented a law to govern cryptographic password management.

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