Coinbase Challenges SEC’s Classification of Secondary Crypto Sales

by Александр Пирогов | Mar 6, 2024 | Blog News

Coinbase, in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), has petitioned the presiding judge to disregard a previous judgment that classified secondary sales of crypto assets as “securities transactions.” The move comes...

Taiwan to Propose New Digital Asset Regulations

by Александр Пирогов | Mar 6, 2024 | Blog News

The Financial Supervisory Commission (FSC) of Taiwan has announced plans to propose a new draft of digital asset regulations in September 2024, aiming to enhance regulations for digital asset markets and ensure investor safety. Huang Tien-mu, chairman of the FSC,...

SEC Wins Partial Default Judgment in Coinbase Insider Trading Case

by Александр Пирогов | Mar 5, 2024 | Blog News

In the case involving former Coinbase product manager Ishan Wahi and co-defendants, Judge Tana Lin partially granted the United States Securities and Exchange Commission’s (SEC) request for a default judgment against defendant Sameer Ramani. Ramani, who...

Virginia Senate Passes Bill to Study Crypto Ecosystem

by Александр Пирогов | Mar 5, 2024 | Blog News

The Virginia Senate in the United States has passed a significant bill that paves the way for the establishment of a dedicated workgroup tasked with studying the overall cryptocurrency ecosystem and making recommendations to support its growth. Introduced as Senate...

Indian Government Issues Advisory on Approval for AI Tools

by Александр Пирогов | Mar 5, 2024 | Blog News

The Indian government has issued an advisory requiring tech companies developing new artificial intelligence (AI) tools to obtain government approval before their release. Released by the Indian IT ministry on March 1, the advisory stipulates that AI tools deemed...

South Korea Investigates Worldcoin Over Personal Data Concerns

by Александр Пирогов | Mar 5, 2024 | Blog News

South Korea’s Personal Information Protection Commission has initiated an investigation into the Worldcoin project following complaints regarding its handling of personal data. The investigation focuses on Worldcoin’s practice of scanning...