News

Cryptocurrency broker-dealer, Binance, has paired with Mastercard to develop a crypto credit card issued in Argentina. This partnership will make Argentina the first South American country to utilize a money services business, allowing main street customers to pay in Bitcoin. The blockchain technology behind the Binance Mastercard converts cryptocurrency to fiat for each transaction without…

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the virtual currency Tornado Crash after news emerged that the owner may have inadvertently (and allegedly) laundered more than $7 billion worth of virtual currency since 2019. Tornado Crash was also used to launder nearly $100 million of malicious cyber attackers’ funds derived…

Cryptocurrency used to be going to the moon. Now, winter is coming, and surviving the daily dips has been an exercise of restraint and patience. Still, most crypto-billionaires are now just crypto-hundred-millionaires. Naturally, the crypto crash has significantly affected those with an extensive portfolio. Instead of the significant and steady gains, the market got accustomed…

Warren Law Group is pleased to announce our strategic partnership with Oz Living. Oz provides individuals and projects the opportunity to operate virtually or physically in tax-free, privacy-protected DeFi-driven zones throughout the world. Oz is a tokenized proof of residency system in special economic zones (SEZ), and Oz’s token is currently authorized to establish tax…

There is a positive correlation between the rise of NFTs and the need for Intellectual Property rights. This issue has become so prevalent that the United States Copyright Office and the United States Patent Trademark Office (USPTO) announced they would be conducting a study analyzing how NFTs will change the IP field. This study was brought to…

Federal prosecutors in New York have charged three individuals with wire fraud in connection to an insider trading cryptocurrency scheme – one of these individuals being a former Coinbase employee. These charges are very significant to the crypto industry as they are the first official insider trading charges related to digital currency. Former Coinbase employee…

The FBI has recently released a PSA warning cryptocurrency investors and financial institutions of fraudulent cryptocurrency investment apps. Cybercriminals often lure investors by claiming to offer legitimate investment platforms and ultimately convincing the victim to download fraudulent apps. Between December 2021 and May 2022, cybercriminals defrauded at least 28 investors of more than $3.7 million,…

The United Kingdom has recently made a major move for the blockchain industry – in Britain, you can now use blockchain to sue. A U.K. court granted a firm permission last month to serve legal proceedings on an anonymous individual via a non-fungible token (NFT) airdrop sent to the individual’s crypto wallet. This ruling comes after Fabrizio D’Aloia,…