Law and Legislation Archives

Law and Legislation

Cease & Desist Order Issued Against 2 Crypto Lending Firms – U.S. Attorney General.

Attorney General James’ office has issued a cease and desist order to two crypto lending businesses, according to Nexo Financial. Attorney General Letitia...

Law and Legislation

New York Attorney General Orders Closure Of Two Crypto Firms & Investigating 3rd One.

The New York Attorney General’s office has accused two unidentified crypto lending platforms in the state of engaging in illegal activities and has...

Law and Legislation

Tether & Bitfinex Fined For $42.5 Mln By CFTC For Making Misleading Claims.

The order “simultaneously filing and resolving charges against Tether (USDT),” the issuer of the crypto industry’s largest stablecoin, was issued by the US...

Law and Legislation

Cautionary Statement Against Use Of Digital Assets As Legal Tender – Mexico.

Earlier this year, the Bank of Mexico and the National Banking and Securities Commission released a statement cautioning financial institutions against using digital...

Law and Legislation

Russia Has No Plans To Completely Ban Cryptocurrencies – Report.

Although crypto payments are now prohibited in Russia, Russians are permitted to purchase and trade digital products such as Bitcoin. Russia has no...

Law and Legislation

Brazil Introduces Stricter Rules For Crypto Laws – New Set Of Fines Introduced.

The penalty is part of a new law that also regulates crypto trading and payments. The Brazilian legislature is working to provide stricter...

Law and Legislation

Alibaba Completely Bans Crypto Related Services In China.

Leading e-commerce giant Alibaba is among the next to stop its crypto-related services in response to the continued cryptocurrency crackdown in China. In line with an official...

Law and Legislation

U.S. Treasury Officials Are Considering Stablecoins, A Potential Risk – Report.

Stablecoin transactions and their impact on financial stability are a great concert for Treasury officials The U.S. Treasury Department is working on a...