Where a crypto system is functional, an issuer’s announcement of a non-security crypto asset buyback program would not constitute a representation or …
Crypto
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Scams
SEC Staff Says Token Buybacks Don’t Make Crypto a Security—If the Network Works
by shayaanby shayaanIn brief The SEC’s Division of Corporation Finance said buyback announcements on functional crypto networks don’t count as promises of “essential managerial …
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Key Takeaways Kazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations. Oil companies can …
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Regulation
Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme
by shayaanby shayaanAlleged ‘Pig Butchering’ Crypto Fraud Trung Nguyen Van, 37, faces a two-count criminal complaint in the Western District of Missouri charging him …
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Markets
Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'
by shayaanby shayaanBitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements. www.coindesk.com
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Circle’s Patrick Hansen Criticizes German Crypto Tax Reform The cryptocurrency tax reform proposed by the Federal Ministry of Finance (BMF) in Germany …
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Markets
SEC Clarifies When Crypto Buybacks And Network Upgrades Can Raise Securities Questions
by shayaanby shayaanTL;DR SEC staff has published new FAQs explaining how federal securities laws may apply to crypto-asset buybacks, network upgrades and secondary-market activity. …
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Eleanor Terrett recently addressed the evolving landscape of cryptocurrency regulation in light of the Clarity Act. During her speech, she engaged with …
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Regulation
New Stop TRUMP Crypto Act would ban officials from owning or trading crypto
by shayaanby shayaanA new bill in the U.S. House of Representatives wants to draw a hard line between the White House and the crypto …
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A survey of US crypto investors has found that about one in five who filed or planned to file a tax extension …