Law

Kazakhstan plans to reduce tax fraud and unlawful business operations
Law

Kazakhstan plans to reduce tax fraud and unlawful business operations

The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.

Creditors, Borrowers, and US Trustee Object to Celsius delaying reorganization plan
Law

Creditors, Borrowers, and US Trustee Object to Celsius delaying reorganization plan

Celsius received objections from the unsecured creditors committee, Withhold account holders, the U.S. Trustee, and borrowers to extend the restructuring plan deadline.

Former FTX CEO Sam Bankman-Fried Restricted from Using encrypted messaging apps
Law

Former FTX CEO Sam Bankman-Fried Restricted from Using encrypted messaging apps

Judge Lewis Kaplan ordered former FTX CEO Sam Bankman-Fried to stop using encrypted chat applications as a condition of his $250-million bail release.

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai
Law

VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai

VARA's "Full Market Product Regulations" comprise four mandatory and activity-specific rulebooks for running VASPs.

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
Law

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.

The creator of the nonfungible token collection Bored Ape Yacht Club
Law

The creator of the nonfungible token collection Bored Ape Yacht Club

Yuga Labs agreed with the maker of a copycat collection of the blue-chip Bored Ape Yacht Club NFTs.

FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case
Law

FTX CEO Describes 'Pure Hell' Leading Up to Exchange's bankruptcy case

CEO John Ray testified for FTX bankruptcy judge John Dorsey on a request to appoint an independent examiner.

CryptoZoo, Logan Paul Sued for $5M Over his allegations
Law

CryptoZoo, Logan Paul Sued for $5M Over his allegations

A class action complaint alleges Crypto Zoo, Logan Paul, and other executives "fraudulently" retained consumer monies and failed to fulfil promised advantages.

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies
Law

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

The Senate Banking Committee, led by Sherrod Brown and Tim Scott, may regulate crypto in the upcoming Congress.

Former FTX CEO ordered not to contact current or former employees
Law

Former FTX CEO ordered not to contact current or former employees

Sam Bankman-Fried cannot contact FTX or Alameda personnel or utilise Signal as part of his bail terms.

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