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Coinbase faces class-action lawsuit for allegedly violating biometric privacy laws

0xMain
May 3, 2023

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Crypto exchange Coinbase is facing a proposed class-action lawsuit alleging that it violated Illinois’ Biometric Information Privacy Act (BIPA) by collecting and storing customers’ fingerprints and facial templates without proper permission. The lawsuit contends that Coinbase’s mandate for customers to provide valid IDs...

Liechtenstein embraces crypto evolution with updated digital asset laws

0xMain
May 2, 2023

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Even as one of the world’s smallest countries, Liechtenstein continues to prove itself as a leader in blockchain regulation. After implementing the Token and Trusted Technology Service Providers Act (TVTG), in 2019, the country has continued to gain attention from European and international...

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SEC charges Bittrex for securities laws violation

0xMain
April 18, 2023

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The U.S. Securities and Exchange Commission (SEC) has alleged that Bittrex and its former CEO ran afoul of securities laws shortly after serving the company a Wells notice. SEC lists ALGO and five other tokens as securities in Bittrex lawsuit The SEC has...

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Coinbase receives SEC Wells notice over possible violation of securities laws

0xMain
March 23, 2023

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Coinbase revealed that the company received a Wells Notice from the U.S. securities and exchange commission (SEC) indicating the regulator’s plan to carry out an enforcement action against the firm after investigations showed that Coinbase may have violated securities law. SEC goes after...