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Law Decoded, June 13–20: Celsius exodus and liquidity crisis
21.06.22

Law Decoded, June 13–20: Celsius exodus an...

American platform became the first one to freeze the withdrawal operations, but might not be the last
BTC Markets becomes first Australian crypto firm to get a financial services license
21.06.22

BTC Markets becomes first Australian crypt...

While the license isn’t currently needed for crypto companies in Australia, BTC Markets says it is preparing the exchange for upcoming regulat...
Crypto lending platform Babel Finance reaches counterparty debt agreement
21.06.22

Crypto lending platform Babel Finance reac...

The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffus...
Crypto winter freezes sports sponsorships for digital asset firms
21.06.22

Crypto winter freezes sports sponsorships ...

The crypto market downturn has made it difficult for crypto firms to pull the trigger on any new sponsorship deals with the sports teams they ...
New video revives debate over Bored Ape Yacht Club’s alleged ‘racist’ imagery
21.06.22

New video revives debate over Bored Ape Ya...

A new video examines the alleged racist and white supremacist symbols hidden in plain sight by Yuga Labs in its most popular NFT collection.
China’s WeChat bans crypto and NFT-related accounts
21.06.22

China’s WeChat bans crypto and NFT-related...

The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transa...
Ethereum testnet Beacon Chain launched and ready for trial merge
21.06.22

Ethereum testnet Beacon Chain launched and...

The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain is now live and ready to give develo...
Chinese court invalidates 2019 car sale made using now worthless crypto token
20.06.22

Chinese court invalidates 2019 car sale ma...

It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place.
HM Treasury changes course on collecting data around unhosted crypto wallets
20.06.22

HM Treasury changes course on collecting d...

“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
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