BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
ASIC sues Block Earner for alleged unlicensed conduct over crypto-asset based products
ASIC, the corporate regulator, has commenced proceedings in the Federal Court against a crypto fintech company, Block Earner, for...
How the stables have turned: US Bill seeks to mandate 100% cash reserves for stablecoins
A new bill recently tabled to U.S. Congress has sought to provide much needed legislative clarification on stablecoins. Briefly,...
Russia warms up to crypto - agrees to treat crypto as currency
The government and bank of Russia are hard at work drafting a new law which will define crypto as an “analogue of currencies” , set to be...
SEC attempts to cast its net too wide to include Automatic Market Makers into exchange definitions
The SEC has published a proposal to amend alternative trading systems regulation, followed fast-behind by an exacting dissent from...
ASIC Chair's critical comments on crypto
Mr Joe Longo, the Australian Securities and Investment Commission (ASIC)'s Chair, has made interesting comments in recent weeks...
Judge Not Cutting Ripple Slack Over Internal Messages
In the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC), Ripple Labs has been ordered by United States...
$181m to fund Australia's future of finance and digital assets
A combination of funding from the Federal Government and Industry partners has culminated in $181 million to support a 10 year research...
Australian Government to support "laissez faire" approach to digital currency regulation
On Thursday, Financial Services Minister Jane Hume, told the Stockbrokers and Financial Advisers Association annual conference that the...
Blockchain abound in Aus Senate Technology Committee 2nd Interim Report
The Senate Select Committee on Financial Technology and Regulatory Technology, chaired by Senator Andrew Bragg, has published its 2nd...
European Central Bank demands more controls over stable coins in the eurozone
The European Central Bank (the ECB) has recently revealed it holds a strong view that its authority to implement monetary policy, protect...
Digital currencies cruise into the Davos World Economic Forum discussion
Since 1971 the World Economic Forum has considered a broad range of matters impacting the global public interest. It does this by...
Australia better hop to it to keep up with a Digital Euro in the race to CBDCs
In a global race to digitise national currencies, the EU has kept good on its earlier promises to explore implementing the CBDC.
Senator Bragg envisions a blockchain future
Speaking at the Future of Financial Services 2020 conference this week, Australian Liberal Senator Andrew Bragg has emphasised the...
Head of Regulation at NYSE heads to Andreesen Horowitz
Chief Regulatory Officer at the New York Stock Exchange Anthony Albanese has announced a move to Andreesen Horowitz's crypto team