Category: Ethereum News
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Shanghai judge says cryptocurrency is a commodity, legal to own
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute.
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SEC sends reparations to BitClave ICO investors
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC charged the search engine for failing to register as a securities offering.
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Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.
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Former House Speaker warns partisan gridlock could derail Trump’s crypto plans
Paul Ryan served as Speaker for the House of Representatives prior to Nancy Pelosi.
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Trump mulls creating first White House crypto post: Report
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported.
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Coin Center lawyers argue Tornado Cash is not property
The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money.
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FTX co-founder Gary Wang sentenced to time served
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges.
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Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
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Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex
Kain Warwick also admits the Infinex Patron NFT sale did not go as planned, with just 2% of users buying the most liquid NFT tier.
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Russia plans to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.