The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits.
Law news
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company.
Paul Atkins, former SEC commissioner, could lead a more crypto-friendly regulatory era during the incoming Trump administration.
The UK’s top financial regulator, the FCA, has published a regulatory roadmap that plans to release comprehensive cryptocurrency regulations by 2026.
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement.
The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols.
The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration.
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
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.
Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.