CFTC Commissioner Calls for US Crypto Policy Reforms
The CFTC’s Summer Mersinger urged the industry to interact with the incoming US administration and promoted organized crypto laws. Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger emphasized the need for standardized U.S. crypto policies to be developed through notice-and-comment regulation. CFTC’s Role in “Regulation by Enforcement” The Commodity Futures […]
Netherlands Seeks Input on Crypto Tax Monitoring Laws to Align with EU
The Dutch government intends to align its data collection standards for crypto service providers with the rest of the EU, claiming this will “create more transparency.” The Dutch government is seeking public feedback on proposed legislation requiring cryptocurrency service providers, including exchanges, to collect and share user data with the local tax agency, which aligns with European […]
Binance Exec Exit Nigeria After Final Charges Get Dropped
Binance’s head of financial crime compliance, Tigran Gambaryan, returns home for medical treatment after eight months in Nigeria and court delays. Tigran Gambaryan, a Binance executive previously facing charges of tax evasion and money laundering in Nigeria, has left the country after spending eight months in detention. In a statement, a family spokesperson confirmed that Gambaryan […]
Vietnam Introduces Blockchain Plan for Regional Leadership
Vietnam’s new blockchain strategy emphasizes legislative frameworks, infrastructure, and international cooperation to foster innovation and a vibrant ecosystem. Vietnam has officially introduced its National Blockchain Strategy. On Oct. 23, the Ministry of Information and Communications (MIC) unveiled the plan, which highlights key objectives to advance the country’s blockchain technology. The strategy aims to build blockchain […]
Atomic Wallet’s $100M Hack Class Suit Dismissed
A US judge ruled that a Colorado court lacked jurisdiction over Estonian-based Atomic Wallet, its CEO, and a sister software company. A U.S. federal judge has dismissed a class-action lawsuit against Atomic Wallet, ruling that the court did not have jurisdiction over the Estonian crypto company. In an order issued on Sept. 10, Colorado district […]