law – Page 19 – Miami Crypto Coin

Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Post author:MiamiCrypto
Post published:July 10, 2023
Post category:Court law Regulation South Korea Terra

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway.

Sarah Silverman sues Meta and OpenAI for copyright violations

Post author:MiamiCrypto
Post published:July 10, 2023
Post category:AI chatGPT Copyrights law Machine Learning Meta.

Author Sarah Silverman, and two others, opened a lawsuit against OpenAI and Meta for using copyrighted work to train their AI systems without permission.

Canada’s court deem 👍 emoji valid as a contract agreement: Report

Post author:MiamiCrypto
Post published:July 9, 2023
Post category:Canada law

The case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying with a thumbs-up emoji.

Coinbase was aware of securities law violations, the SEC claims in letter

Post author:MiamiCrypto
Post published:July 8, 2023
Post category:Coinbase Cryptocurrency Exchange law SEC United States

According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk.

Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program

Post author:MiamiCrypto
Post published:July 7, 2023
Post category:Barry Silbert Digital Currency Group Gemini law Regulation Winklevoss Twins

Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program.

Nigerian crypto tax move is ‘premature’ — Local stakeholders

Post author:MiamiCrypto
Post published:July 7, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange law Nigeria SEC

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.

Bittrex may still face enforcement action in Florida amid bankruptcy

Post author:MiamiCrypto
Post published:July 6, 2023
Post category:Bittrex Cryptocurrency Exchange Florida law Regulation

A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex.

Binance.US market share drops below 1% amid regulatory lawsuit: Report

Post author:MiamiCrypto
Post published:July 5, 2023
Post category:Binance Business law SEC United States

The U.S. market share of Binance.US has reportedly dropped amid a U.S. Securities and Exchange Commission lawsuit, while Coinbase's rose roughly 7% in June.

South Africa to mandate crypto exchange licenses by year-end: Report

Post author:MiamiCrypto
Post published:July 5, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange law South Africa

South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses.

UK financial watchdog reminds crypto firms of October deadline for marketing compliance

Post author:MiamiCrypto
Post published:July 4, 2023
Post category:Cryptocurrencies Government law Regulation United Kingdom

Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.