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Law
India's Securities Regulator Wants IPO Promoters to Sell Crypto Holdings: Report
The reported move comes as India is moving towards a potential ban on non-governmental cryptocurrencies.

Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud
The scheme allegedly included offering bitcoin at “half market price.”

Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law
In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.

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.

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.

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.

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.

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.

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.

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.
