New York is now home to the first crypto task force in the United States. Governor Andrew Cuomo of New York State has signed the Digital Currency Study Bill, which creates a digital currency task force to explore the effects of digital currencies on financial markets in the state. The task force, whose members are appointed … Continue reading New York Lawmakers Highlight Potential of Bitcoin, Ethereum, Ripple and Litecoin, Create New Crypto Task Force
Category: Law/Suing
US Lawmakers Seek to Exclude Crypto from Securities
Two members of the US House of Representatives have tabled a new bill before the Congress on Thursday to exclude cryptocurrencies from the standard securities laws. This bipartisan bill called the ‘Token Taxonomy Act’ was presented by Reps. Warren Davidson, R-Ohio and Darren Soto, D-Florida. In September, Rep. Davidson hosted a roundtable in Washington, DC, … Continue reading US Lawmakers Seek to Exclude Crypto from Securities
Singapore Starts Probing Goldman Sachs for 1MDB Scandal
Singapore’s law enforcement authorities have extended their criminal probe against the Malaysian state investment fund 1Malaysia Development Berhad (1MDB) to include Goldman Sachs, according to a Bloomberg report. Although the city-state’s authorities have been investigating Goldman Sachs’ involvement with the Malaysian scandal-plagued firm since 2017, now they are focusing on the firm’s local unit. The … Continue reading Singapore Starts Probing Goldman Sachs for 1MDB Scandal