A wide range of topics, including regulatory developments, legislative changes, court rulings, industry trends, and best practices in blockchain law. We source news from reputable publications, industry-leading sources, and authoritative legal resources to ensure you have access to timely and reliable information.
In December 2022, Brazil published Law No. 14,478, defined as the Legal Framework for Virtual Assets in Brazil (“Cryptoassets Act”). The new text will enter into force on 20 June 2023. The Cryptoassets Act deals with guidelines for providing services with virtual assets and for regulating providers of these services. The Act defines virtual assets … Read more
What to Expect at the BRICS Summit 2023 The BRICS Summit 2023 agenda is expected to cover trade and investment facilitation, sustainable development, innovation, and global governance reform. However, one of the key points in this 15th BRICS summit will be a discussion of the BRICS’s controversial proposition of a new, gold-backed currency. This policy reflects … Read more
Bank of Italy Taps Polygon for Institutional DeFi Pilot G7 Central Bank Wants To Explore Designs For Tokenized Securities The Bank of Italy has partnered up with Polygon, an Ethereum scaling team, on a pilot program intended to create a regulated platform for “institutional DeFi.” Polygon Labs will work with Milano Hub, the innovation center … Read more
On July 27th, U.S. House Financial Services Committee passed five blockchain/digital assets bills, and on July 28th, Senator Elizabeth Warren proposed a bill before Congress heads into recess next week. What does that mean for the blockchain and digital assets ecosystem? Global Blockchain Business Council (GBBC) and GBBC Digital Finance (GDF) have prepared a U.S. Policy Update … Read more
Tom Emmer‘s nonpartisan bill, the Blockchain Regulatory Certainty Act, just passed the Financial Services GOP. This marks a big step towards regulatory clarity for crypto in the US. Hear more from the House Majority Whip at Permissionless. More info: https://lnkd.in/dcfuNXKJ
FATF Travel Rule Implementation At the end of June, the Financial Action Task Force released its fourth “Targeted Update on Implementation of FATF’s Standards on VAs and VASPs.” The report surveyed 151 jurisdictions to find out what they have done to comply with the FATF Recommendations on virtual assets. With the results now in, we … Read more
Academic Grants Round 2023 Announcement – We are excited to announce the recipients of this year’s Academic Grants Round. We received more than 250 applications and have awarded over $2 million in funding to 43 projects across several categories. The awarded teams are distributed all across the globe with researchers from Austria, Australia, Canada, China, … Read more
An AI model is only as good as the data it’s trained on. Microsoft wants to make its data as neat as a pin. The company is seeking to patent a system for improving machine learning models by “detecting and removing inaccurate training data.” Microsoft’s system essentially works by picking out the outliers. Ironically, it … Read more
U.S. House Republicans Introduce Bitcoin Oversight Bill To Protect Investors In a move geared towards investor protection, U.S. House Republicans have introduced a Bitcoin oversight bill. This highlights the increasing attention legislators are paying to bitcoin’s growing presence in the economy. Bitcoin continues to have a strong outlook from the mining sector.
Celsius is in the spotlight as their lawyer and CEO face charges, showcasing the ongoing legal challenges within the Bitcoin industry. The situation underlines the importance of robust compliance systems within Bitcoin companies. Visit Bitcoin Magazine B2B to read entire article.