BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
FinCEN issues first fines for Bitcoin mixing
The US Financial Crimes Enforcement Network (FinCEN) has issued its first-ever financial penalty against a Bitcoin mixer. FinCEN, the US...
Team DoJ: World Police
The Department of Justice has released a Cyber Digital Task Force report titled "Cryptocurrency Enforcement Framework"
Federal Budget 2020-21: FinTech focus
We're highlighting the key measures supporting startups, FinTech and blockchain in the 2020-21 Federal Budget released on 6 October 2020
SEC slaps SALT with penalty and refund order
The SEC recently hit Salt Lending with an order to refund investors in its 2017, $47 million ICO, as well as a penalty
Arca analysis alleges Gnosis failed to deliver on promises
Cryptocurrency investment company Arca has recently called on Gnosis to pay back its token holders
Kraken rebuffed in court ruling regarding revealing office location
A US Court has ruled that an employee who revealed the location of a Kraken office was not spilling company secrets
First Digital Asset Bank approved in Wyoming
Kraken announced on 16 September 2020 that it has received approval to establish the first Digital Asset Bank.
RBA reluctantly reconsiders retail CBDC in latest paper
The RBA has published a detailed paper setting out its continued sceptical position on a possible retail central bank digital currency
Patent hoarders in Square's sights with Cryptocurrency Open Patent Alliance
International payment company Square has launched the Cryptocurrency Open Patent Alliance (COPA) in a bid to limit patent hoarding
Facebook, Google and Hamilton: Not quite David vs Goliath
Are you ever up late at night wondering whatever happened to the class action tackling the tech giants Google and Facebook over their...
Putting a price on privacy's head: Monero Wanted Dead or Alive by the Internal Revenue Service
The U.S. Internal Revenue Service (IRS) will pay any contractor $625,000 if they can trace the privacy-centric crypto asset monero (XMR).
Hackers hope to hijack wallet holding US$715 million in Bitcoin
a Bitcoin wallet holding 69,370 BTC, has been the subject of a ongoing effort to crack the password to access the BTC within
Tezos token class action settlement: A USD$25M cost of infringement
A long-running class action against the Swiss-based Tezos Foundation and its founders has been settled for USD$25m