Law Token (LAW) News

MFSA has stated that Binance has not received a license to operate in the jurisdiction. This was reported on the website of the department. The Maltese regulator explains that the admission of virtual financial assets for trading and/or for their offering to the public in the country requires an...

US presidential candidate Michael Bloomberg (8th place on the US Forbes list with a fortune of $64 billion) proposed creating the regulatory framework for the cryptocurrency industry as part of massive financial reform. Bloomberg advocates tightening consumer protection measures, he intends to...

Sweden’s biggest narcotics marketplace Flugsvamp 2.0 (en.toadstool) took the biggest hit with more than 450.000 cryptocurrency wallet addresses have been recorded, clustered and the culprit behind this has been brought into custody, with trial to be expected at the beginning of March. Darknet has...

The Malaysian Securities Commission (SC) has developed rules for organizers of Initial Coin Offers (ICOs) and Initial Exchange Offers (IEOs). Startups are allowed to distribute tokens through venture capitalists and financial institutions without selling shares and without using debt instruments....

The French Financial Markets Authority for the first time approved an application for an initial coin offer. The regulator’s website says that approval was received by French-ICO, which developed a platform for financing projects with crypto. The permit will be valid until the deadline for...

It is legally possible to prohibit the use of crypto as payment for services and goods, but in fact, it will be very difficult to enforce the ban. This was stated by Chairman of the State Duma Committee on the financial market Anatoly Aksakov, reports TASS. According to him, those “who are ready...

The Finnish Financial Services Authority (FIN-FSA) has registered the LocalBitcoins p2p platform as an official virtual currency provider. To issue an approval, the regulator demanded that the platform demonstrate the required level:...

Iranian authorities announced their readiness to pay for information on illegal activities in the extraction of cryptocurrencies, and also spoke about new rules for calculating electricity prices for miners. It is reported by Press TV. The fee for identifying miners using subsidized electricity...

The board of the Ministry of Internal Affairs of the Russian Federation instructed law enforcement agencies to develop a legal mechanism for the seizure of virtual assets for confiscation by December 31, 2021. This is reported by RBC with reference to an unnamed source. Rosfinmonitoring, the...

The US Securities and Exchange Commission is increasingly seeing "flagrant violations" of law by cryptocurrency market participants. This was stated by the head of the department Jay Clayton, reports Bloomberg Law. Speaking at a financial technology conference in Washington, Clayton said...

On Monday, October 7, a meeting was held on the regulation of the crypto and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it....

The authorities of Inner Mongolia decided to limit crypto mining in the territory of this autonomous region of the PRC. This was reported by the managing partner of Primitive Ventures Dovey Wan, citing local media. JUST IN h/t @ChainNewscom Regulatory bodies from Inner Mongolia will dedicate...

The Association of Banks of Russia (ADB) has prepared the concept of cryptocurrency circulation. It involves the deanonymization of the owners of digital assets and the introduction of criminal liability for their concealment, reports TASS. The concept describes the procedure for collecting crypto...