Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT
The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was…
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Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested…
Draft Law About NFTs Submitted to Russian Parliament
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own…
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their…
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last…
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the…
FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets.
Panama’s president says he won’t sign crypto bill into law ’at this moment’
“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us," said Panama President Laurentino Cortizo.
SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following…
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities…
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