Cryptocurrency Law News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Starting in the second half of this year, crimes related to digital assets such as price manipulation, insider trading and unfair trading practices will be prohibited, as the country's first law on protecting digital asset investors will take effect on July 19. Individuals involved in such illegalities can face a maximum penalty of life imprisonment, if they are found guilty of pocketing a wrongful gain of over 5 billion won ($3.7 million).

Cryptocurrency and G20: In a big win, India has managed to convince the participating countries that cryptocurrency must be on the agenda. Following India’s convincing arguments, most countries agreed, after initial reluctance by a few

The US Supreme Court sided with defendants seeking to compel arbitration of claims filed against them in federal court. Announcing a new rule, Coinbase v. Bielski held that when a court denies a motion the court must stay all of its proceedings until the appeal is resolved.

Former SBI chairman and veteran banker Rajnish Kumar said in a conversation with Business Today TV that India is not the only country that is faced with the challenges that cryptocurrency brings along with it.