Uruguay Approves Crypto Law
Uruguay has enacted a crypto law, positioning the country as a regional leader in crypto regulation. The law, proposed over two years ago, acknowledges cryptocurrency as virtual assets in Uruguay and designates the Central Bank of Uruguay as the regulator and administrator of companies that wish to provide cryptocurrency services. Due to the law, Uruguay […]
Louisiana Crypto Law Protects Node Operators, Bans CBDC
Louisiana’s revised Blockchain Basics Act, effective August 2024, bans CBDCs and sets rules for miners and node operators while allowing other digital currencies. The state of Louisiana in the United States has altered its legislation to prohibit the use of central bank digital currencies (CBDCs) and establish regulations for node administrators and miners. The revised […]
DAOs Get Legal Clarity in Wyoming with Landmark Crypto Law
In order to solve issues associated with decentralized organizations and bring DAOs under the jurisdiction of current laws, the State of Wyoming enacted a historic crypto bill. Wyoming Governor Mark Gordon adopted a state statute recognizing decentralized autonomous organizations (DAOs) as legitimate entities under the Decentralized Unincorporated Nonprofit Association Act (DUNA) on March 7. On […]
MetaLawMan: Why Coinbase may win a Lawsuit against SEC
A crypto-friendly legal analyst reveals how SEC Chairman Gary Gensler’s congressional appearance could weaken the commission’s case against Coinbase. According to a legal analyst on Twitter with the pseudonym @MetaLawMan, If the Securities and Exchange Commission (SEC) decides to sue Coinbase in the U. S., it may lose. In his statement to Congress on May […]
National Bank of Ukraine to promote fair Bitcoin regulation
Following the adoption of a key crypto law by the Ukrainian parliament in early September, the central bank of Ukraine has moved to promote the development of the cryptocurrency business. On September 13, the National Bank of Ukraine (NBU) made an official statement on the core principles of monetary policy for the future year, with […]