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.

CFTC Charges Gemini Trust Company in Bitcoin Futures Case

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

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). Get the Full...

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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  |  Legal & 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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US Supreme Court Sides With Social Media Firms, Blocks Texas Law
US Supreme Court Sides With Social Media Firms, Blocks Texas Law
June 01, 2022  |  Legal & Regulation

Social media firms like Facebook or Twitter have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law...

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Robinhood Close to Resolving 2020 Outage Lawsuit
Robinhood Close to Resolving 2020 Outage Lawsuit
May 27, 2022  |  Legal & Regulation

Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they...

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CFPB: Credit Denials Must Have Specific, Accurate Explanations
CFPB: Credit Denials Must Have Specific, Accurate Explanations
May 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) wants to remind consumers that federal law requires companies to explain specific reasons for denying credit applications, even when...

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EU’s Open Finance May Include Big Tech Ban
EU’s Open Finance May Include Big Tech Ban
May 25, 2022  |  Legal & Regulation

The European Commission launched three consultations on May 10, two related to the review of the second payment service directive (PSD2) and one about open...

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Light Sentence Puts Damper on U.S.’s Offshore AML Efforts
Light Sentence Puts Damper on U.S.’s Offshore AML Efforts
May 23, 2022  |  AML

U.S. prosecutors planned to send a message to the largely offshore crypto industry this week about the cost of ignoring the anti-money laundering (AML) laws...

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