by Theresa Joy Lacatan | Aug 8, 2024 | Blog News, Crypto News
On 29 July 2024, conceptual artist Brian Frye and musician Jonathan Mann filed a pre-emptive lawsuit against the United States Securities and Exchange Commission (SEC) concerning the regulation of non-fungible tokens (NFTs). This legal action follows previous SEC...
by Theresa Joy Lacatan | Aug 7, 2024 | Blog News, Crypto News
On 5 August 2024, Indian authorities have issued a substantial tax bill to Binance, the world’s largest cryptocurrency exchange. The Directorate General of Goods and Services Tax Intelligence (DGGI) from Ahmedabad has served Binance with a show cause notice demanding...
by Theresa Joy Lacatan | Aug 7, 2024 | Blog News, Crypto News
On 30 July 2024, the Law Commission of England and Wales published a supplemental report and draft Bill proposing the establishment of a third category of personal property to encompass certain digital and other assets. This initiative aims to clarify the legal status...
by Theresa Joy Lacatan | Aug 5, 2024 | Blog News, Crypto News
On 5 August 2024, the United States Senator Cynthia Lummis is set to introduce the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024,” popularly known as the BITCOIN Act of 2024 in the second session...
by Theresa Joy Lacatan | Aug 5, 2024 | Blog News, Crypto News
On 2 August 2024, the Commodity Futures Trading Commission (CFTC) announced the unanimous approval of an amended order exempting two recognized market operators (RMOs) in Singapore from the swap execution facility (SEF) registration requirements. The RMOs receiving...
by Theresa Joy Lacatan | Aug 5, 2024 | Blog News, Crypto News
On 2 August 2024, the Securities and Exchange Commission (SEC) announced a proposal for joint data standards under the Financial Data Transparency Act of 2022. This initiative aims to establish technical standards for data submitted to various financial regulatory...