legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto Bank Sues Fed
Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto...
June 08, 2022  |  Cryptocurrency

No one will be shocked to hear that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam was unstinting in his praise of a Senate bill...

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Today in TechREG: DOJ Urges to Strengthen Int’l Cooperation to Fight Crypto Crime, UK Wants Financial Regulators to Oversee Amazon, Microsoft Clouds
Today in TechREG: DOJ Urges to Strengthen Int’l Cooperation to Fight Crypto Crime, UK Wants...
June 08, 2022  |  Regulation

Today in TechREG, the United Kingdom has announced that it is planning to introduce legislation to give more powers to financial regulators to oversee nonfinancial...

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Crypto Bank Custodia Sues Federal Reserve Over ‘Black-Box’ Master Account Decision
Crypto Bank Custodia Sues Federal Reserve Over ‘Black-Box’ Master Account Decision
June 08, 2022  |  Legal

Custodia Bank, a Wyoming-based digital asset bank, has taken legal action against the Federal Reserve Bank of Kansas City and the Board of the Federal...

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SEC Investigates Binance Over ICO of BNB Token
SEC Investigates Binance Over ICO of BNB Token
June 06, 2022  |  Cryptocurrency

Regulators are looking into whether Binance’s selling of digital tokens when it was getting off the ground in 2017 broke securities rules, sources told Bloomberg,...

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TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to Debate Privacy Bill
TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to...
June 03, 2022  |  Regulation

This week in TechREG has been quieter than usual as lawmakers didn’t hold congressional hearings and regulators didn’t make important announcements. However, the U.S. Supreme...

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Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
June 03, 2022  |  Security & Fraud

Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California’s Unfair Competition...

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CFTC Charges Gemini Trust Company in Bitcoin Futures Case
CFTC Charges Gemini Trust Company in Bitcoin Futures Case
June 02, 2022  |  Legal

The Commodity Futures Trading Commission (CFTC) has announced a complaint against Gemini Trust Company over allegedly false or misleading statements regarding a bitcoin futures product,...

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As Crypto Values Drop, Lawsuits Go Up
As Crypto Values Drop, Lawsuits Go Up
June 01, 2022  |  Cryptocurrency

Lawsuits over cryptocurrency losses are becoming more common as crypto continues to become mainstream, The Wall Street Journal reported Wednesday (June 1). This began before...

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Today in TechREG: US Supreme Court Grants Victory to Big Tech in Texas Social Media Law; Bank of England to Manage Collapsing Stablecoins
Today in TechREG: US Supreme Court Grants Victory to Big Tech in Texas Social Media...
June 01, 2022  |  Regulation

Today in TechREG, the U.S. Supreme court has temporarily blocked a Texas law that prohibits online platforms from suppressing user posts based on their political...

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