Law

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Former UK Cybersecurity Chief Says Laws Are Needed to Stop Ransomware Payouts
“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said.
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Ohio Bill Enabling Blockchain Use by Government Moves to State Senate
House Bill 220 would enable Ohio's governmental bodies to use blockchain and DLT in their operations if signed into law.
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Russian Prime Minister Pledges to 'Civilize' Crypto Market and Prevent Scams
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.
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South Korea May Delay Implementation of 20% Crypto Tax Till 2022
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.
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The Securities Clarity Act Is Simple and Logical (and Bad News for Lawyers Like Me)
The Securities Clarity Act deserves the crypto community's support because it's technology-agnostic, limited in scope and respects precedent.
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SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto
The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.
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California Governor Signs Law Bringing State 'New Tools' to Regulate Crypto
The now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.
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Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
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Russia's Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms.
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Russia's Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.
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