crypto laws

Discussion on Effective Cryptocurrency Oversight by US and UK Financial Regulators

Benito CormiFeb 7, 20242 min read

The US-UK Financial Regulatory Working Group Meets to Discuss Crypto Regulation The US-UK Financial Regulatory Working Group (FRWG) recently held its ninth official meeting in London,…

Tennessee Adopts Blockchain Basics Act as Part of Wider Legislative Effort

Benito CormiFeb 5, 20242 min read

Tennessee Introduces the Blockchain Basics Act The Blockchain Basics Act, a bill that aims to protect the rights of cryptocurrency ownership, self-custody, and mining, has made…

Indian National Admits Guilt in Case Involving DEA’s Record-breaking Confiscation of Cryptocurrency and Cash

Benito CormiJan 30, 20242 min read

Indian National Pleads Guilty in “Largest Single Cryptocurrency and Cash Seizure” Case An Indian national named Banmeet Singh has admitted to running a dark web narcotics…

Leading Wallets and Payment Solutions Call on FinCEN to Reconsider Proposed Regulations Associated with Cryptocurrency Mixing

Benito CormiJan 25, 20242 min read

Cryptocurrency Companies Call for Withdrawal of FinCEN’s Mixing Transaction Rules A letter has been sent to the Financial Crimes Enforcement Network (FinCEN) by a group of…

Elizabeth Warren, US Senator, Highlights Use of Digital Assets for Avoiding Economic Sanctions

Benito CormiJan 23, 20242 min read

U.S. Senator Elizabeth Warren Criticizes Illegal Use of Cryptocurrency Assets to Dodge Sanctions Elizabeth Warren, a U.S. senator, has expressed her concerns regarding the use of…

Introducing a Bill in the US Senate to Address Cryptocurrency’s Illicit Utilization via a Collaborative Approach of Government and Private Sector

Benito CormiJan 19, 20243 min read

Introducing the Preventing Illicit Finance Through Partnership Act 2024 Two U.S. Senators, Bill Hagerty and Cynthia Lummis, have put forward a new bill called the Preventing…

Virginia Unveils Bill to Protect Cryptocurrency Users’ Rights

Benito CormiJan 19, 20242 min read

Virginia State Senator Proposes Bill to Protect Cryptocurrency Rights A new bill introduced by State Sen. Saddam Azlan Salim in Virginia aims to ensure that citizens…

Innovative Blockchain Application Revolutionizes Defendant Notification in Legal Summons

Benito CormiJan 15, 20243 min read

Using Bitcoin Transactions to Notify Defendants in Civil Cases The U.S. federal court has recognized the use of information from a Bitcoin transaction to serve a…

How Blockchain Association Responds to Elizabeth Warren: Crypto Has the Potential to Disrupt or Compete With Major Financial Institutions

Benito CormiJan 11, 20243 min read

The Blockchain Association Responds to Senator Warren’s Accusations In response to U.S. Senator Elizabeth Warren’s claims that former U.S. security officials collaborating with the Blockchain Association…

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