UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
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Blockchain.com gets regulatory nod from Singapore’s central bank
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub. 221 Total views 43 Total shares

Exchanges outdo auctions for governments cashing in criminal crypto, says exec
Earlier this week, Lithuania's tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of jurisdictions worldwide that have auctioned…

Why are Bitcoin whales accumulating BTC? Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss why Bitcoin whales are accumulating right now and why this could be significant. 586 Total views 6 Total shares On this week’s The Market Report show, Cointelegraph’s resident experts discuss why Bitcoin (BTC) whales are accumulating right now and why this could be significant.…

Celsius publishes list of users eligible to withdraw majority of assets
Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data. 277 Total views 1 Total shares Own this piece of history Collect this article as an NFTBankrupt cryptocurrency lending firm Celsius had come up with a withdrawal process for users who had their…

Brazilian crypto streamer loses $50K by accidentally exposing private key
Brazilian cryptocurrency streamer Fraternidade Crypto is one of the latest victims of unsafe self-custody practices, reportedly losing thousands of dollars due to a private key accident.During a live stream on YouTube on Aug. 29, Fraternidade Crypto channel’s owner Ivan Bianco unwittingly exposed his private key to a self-custodial cryptocurrency wallet.In the middle of the live stream

Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Congress’ renewed attack on Big Tech may clear the field for decentralization
On Tuesday, a House subcommittee put out a massive report that places Big Tech in the crosshairs of major antitrust reforms.The four firms at the center of the report — Apple, Google, Facebook and Amazon — have been in hot water with Congress for some time. But while the tone of the recent conversation is…

Thanks to Bauhaus, I totally get NFTs now
On Friday of last week, I got a press release from Grace at a music and public relations firm called 23, and Grace wanted to know if I was interested in running a feature on a series of nonfungible tokens, or NFTs.I almost instinctively replied “I am not, as I am actually exhausted reading these…