Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them with “maximum protection” against the risks. Members of Russian Parliament to Seek Protection for Citizens Investing in Cryptocurrency Deputies in […]
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. Anatoly Aksakov, chairman of the Ru...
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional financing. Setting Up New Crypto Market Regulator Will Be Expensive, Zelensky […]
Volodymyr Zelensky did not object to the bill's fundamental principles, but opposed the idea of creating a new watchdog agency. Volodymyr Zelensky, pres...
“We need to make sure that folks can have confidence when they’re using these systems and we need to make sure we’re poised to root out abuse that can take hold on them," s...
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action. Link Global Technologies, a Bitcoin (BTC)...
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. South Korean cryptocurrency exch...
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Brazilian lawmakers are working to provide stricte...
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner. Chine...
Hinging on Democrats' ability to resolve intraparty disagreements, the controversial legislation could have tangible consequences for digital finance in the U.S. and beyond...
CoinEx previously blocked access and terminated the registration of new users from mainland China in March 2019. CoinEx cryptocurrency exchange is windi...
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether. ...
According to the DMCA, PolygonPunks would have had to have claimed its material "was removed or disabled through mistake or misidentification."
Nonfungible token (NFT) marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter-notice.
In a Tuesday announcement on Twitter, the PolygonPunks project said its NFT collectibles were back on OpenSea after responding to a DMCA takedown notice from Larva Labs, the creator of CryptoPunks. The punks were booted from OpenSea in August after becoming one of the most popular collections on the marketplace.
PolygonPunks ARE BACK ON @Opensea!!! The DMCA counter notice to Larva Labs was successful
— PolygonPunks (@PunksOnPolygon) September 28, 2021
We have resumed trading on the largest NFT marketplace in the world
We look forward to building a relationship with @0xPolygon and it's ecosystem as we grow on the Polygon network. pic.twitter.com/3qk6rK8BX8
Copyright and intellectual property laws are somewhat of a gray area in the crypto space. Larva Labs reportedly obtained a DMCA takedown notice for the Polygon-based CryptoPunks, which it was able to file by claiming that its rights over material on the internet had been infringed according to United States copyright law.
According to the DMCA, PolygonPunks would have had to have claimed its material “was removed or disabled through mistake or misidentification.” This now seemingly leaves Larva Labs with no other outlet to remove the punks without a court order.
Related: Minting, distributing and selling NFTs must involve copyright law
Data from DappRadar shows CryptoPunks is the third-most popular NFT project by trade volume, with roughly $10 million worth of tokens trading hands in the past 24 hours. OpenSea now lists 10,000 of the PolygonPunks and has sold $26,491 worth since the project returned to the marketplace 22 hours ago. In addition, Solana-based SolPunks are still trading on the Solanart marketplace.
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all app...
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal und...
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China. In the w...
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. ...
Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment. Last week, some former users of the now-defunct cr...
"We’re not necessarily looking for more authority without more resources," said Dan Berkovitz in regards to crypto markets. Dan Berkovitz, one of three ...
“I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all,” said Ri...
Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments. A new pol...
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms. Central Bank of Russia Skeptical of Cryptocurrency […]
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable s...
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of th...