The Financial Stability Board (FSB) published a document about the regulatory, supervisory and oversight challenges of global stablecoins like Facebooks Libra. In June 2019, G20 asked FSB to explore the regulatory...

MakerDAO users filed a class-action lawsuit against stablecoin issuer Maker Foundation following a protocol failure on March 12 dubbed Black Thursday. The suit was filed in the Northern District Court of California by...

The New York Southern District Court decided to move the sentencing of OneCoin co-founder Konstantin Ignatov to three months from now. Ignatovs sentencing date was originally set for April 8. However, the court approved...

Crypto exchange Binance released a statement about the controversial B.K. user case. In a lengthy statement, Binance explained that it came across false information against them relative to a user account that was...

Cloud-based instant messaging and voice over IP service Telegram is embroiled in a $1.7 billion legal battle due to its token offering. The Supreme Court has sided with the Securities and Exchange Commission (SEC) and...

Blockchain network Blockchain Association (BA) supported software Telegrams appeal concerning the issuance of its GRAM tokens. The United States District Court has decided to side with the Securities and Exchange...

The central bank of China announced that the country planned to create a digital version of its fiat currency, yuan, Coindesk reported citing www.gov.cn. The central bank released a summary of the 2020 National Currency...

Q3 Investment Recovery Vehicle (Q3IRV), an entity representing the over 100 victims of the alleged $35 million Q3 Ponzi scheme, has filed a class-action lawsuit against Wells Fargo Advisors for vicarious liability,...

The new laws for regulating cryptocurrencies in Japan will be enforced next month. The Japanese House of Representatives passed two legislations last year to regulate crypto, the Payment Services Act (PSA) and Financial...

Russia is forced to delay its crypto law due to the coronavirus outbreak. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, said that the crypto law or On Digital Financial Assets bill...