BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina
California embraces blockchain with new crypto executive order
California Governor, Gavin Newsom, has issued an executive order - Executive Order N-9-22 - earlier this week relating to...
US DoJ charges accomplices to Ethereum developer's North Korea sanctions scheme
The US Department of Justice (DOJ) has brought charges against two European citizens alleging a conspiracy to violate US sanctions...
For mining out loud: New York State Legislature passes bill blocking non-renewable crypto mines
The New York Legislative Assembly has recently passed Bill A7389C that imposes a two-year moratorium on crypto mining firms that utilise...
Crypto Bahamas: Insights and Innovation open this week!
This week, the Bahamas played host to the Crypto Bahamas event which is a joint effort co-organised by FTX CEO Sam Bankman-Fried and the...
Honduras Special Economic Zone makes Bitcoin Legal Tender
Próspera - a Special Economic Zone in Honduras - has recently announced that it will recognise cryptocurrency as legal tender. This...
SEC Approves Futures based Bitcoin ETF in US
The US Securities and Exchange Commission (SEC) has allowed NYSE Arca and Teucrium to issue a Bitcoin futures exchange-traded fund (ETF)...
SEC Chair's negative crypto narrative continues
SEC Chair Gary Gensler has recently announced another set of initiatives to expand investor protections in the $2 trillion cryptocurrency...
ACCC takes Meta to task over alleged misleading crypto ads on Facebook
The ACCC has commenced Federal Court proceedings against Meta - the owner of the Facebook social media platform - for alleged breaches of...
ANZ leads the way with A$DC - the world's first stablecoin minted by a bank
In a watershed moment for Australian crypto-markets and crypto globally, the Australia and New Zealand Banking Group Limited (ANZ) have...
Chainalysis release free Russian sanction scanning tools
With moral panic emerging from Washington DC and the media over the potential for Russia to use crypto to bypass sanctions, crypto...
Afghans turn to crypto in light of Western sanctions
A trend is emerging that citizens of countries subject to sanctions in response to regional conflicts are turning to cryptocurrencies to...
US DOJ seizes $28M in crypto from serial ransomware actor
The US Department of Justice (DOJ) has seized US$28 million worth of cryptocurrency - primarily Bitcoin - from a hacker who is alleged to...
Russia racing to sidestep sanctions with crafty crypto usage?
While the US Congress and media whip up headlines to sell newspapers (or get clicks) by talking up the "possible risks" of Russia...
Virginia, USA, allows banks to offer crypto custody
The Senate of the US state of Virginia has introduced, and approved an amendment to, a new Bill that allows traditional banks operating...