Law Decoded, July 4–11: Access denied for crypto-owning policymakers
Should owning stablecoins prevent you from determining regulations on them? That could be the case if an advisory notice released by the United States Office of Government Ethics becomes a reality.
No policymaking for crypto owners, no salaries in USDT for Chinese citizens, Rishi Sunak’s and John Glen’s resignation and other key events in regulation.
in drafting regulation “until and unless they divest their interests in [that] stablecoin.” Stablecoins are not an exception — the same goes for any kind of cryptocurrency.The only exemption will be made for policymakers who hold up to $50,000 in mutual funds that invest broadly in companies that would benefit from crypto and blockchain technology. The reasoning for this exemption is that they “are considered diversified funds.”
Intercontinental joint action on TerraSouth Korea and the U.S. have reportedly agreed to share their latest investigation data around Terra, the $40 billion ecosystem crash which is under investigation in both countries. While the joint action between Terra’s original jurisdiction and the country with the largest crypto market comes as no surprise, the cooperation between the two nations would be the first of its kind, though likely not the last.
Black farmers face delays in pandemic debt-relief as prices soar
A little over a year after Congress made $4 billion available, the debt-relief program has stalled after meeting resistance from banks and white farmers, leaving Black farmers deeper in debt as they deal with soaring costs for supplies like fuel and fertilizer. Read more >>
Florida ‘Viewpoint Diversity’ Law Doesn’t Require University Staff, Students To Register Political ViewsNot quite. The Florida governor signed legislation last year that requires public universities/colleges to conduct an ‘annual assessment of intellectual freedom and viewpoint diversity’ — i.e. a survey of political views — each year. If you’re taking people at their word, Snopes, you’re not a fact-checker. Apply just a little common sense and read between the lines next time.
Arizona Law Bans People From Recording Police Within Eight FeetGov. Doug Ducey of Arizona signed a measure into law that makes it illegal for people to record videos within eight feet of police activity. Civil rights and news media organizations have objected to the law as a violation of free speech protections.
Bishops Slam European Parliament for Weighing in on U.S. Abortion LawThe European Bishops’ Conference (COMECE) has blasted the European Parliament for its July 7 resolution condemning the U.S. Supreme Court decision overturning Roe v. Wade. EP can kiss my Yankee ass.?
New Arizona law makes it illegal to film within 8 feet of policeStarting in September, it will be illegal in Arizona to film law enforcement activity within 8 feet of a police officer. cc: oldmanebro Um zoom In will suffice… Don’t tell me that this will stand ? Where is the ACLU ? Where is the TheJusticeDept defending people’s right ?!
Twitter hires law firm to sue Elon Musk over dropped deal, report saysTwitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says Caba enrolão esse Lonlon Musk hahahahahahaha Pabuloso demais…. What they can do that fuck they really want him to buy company filled with bots hold didn’t these mf object to to the deal at first ngoku why le kaka?
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin NewsNew legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. Is the crypto ban gradually coming down? Bitcoin cryptocrash Ethereum cryptocurrecy Get ready for another Bitcoin dump. 141,686 BTC TO BE UNLOCKED! Mtgox victims to receive their money next month. Remember these people had Bitcoin since 2011 ?
should prevent a civil servant from participating in drafting regulation “until and unless they divest their interests in [that] stablecoin., “DeSantis signs bill requiring Florida students, professors to register political views with state.Eric Garner on Staten Island, N.statement signed by its General Secretary, Father Manuel Barrios Prieto.
” Stablecoins are not an exception — the same goes for any kind of cryptocurrency. The only exemption will be made for policymakers who hold up to $50,000 in mutual funds that invest broadly in companies that would benefit from crypto and blockchain technology. Can’t. The reasoning for this exemption is that they “are considered diversified funds. Under the law, it is illegal for someone to record law enforcement officers if the person is within eight feet of an area where the person knows, or should “reasonably” know, that law enforcement activity is occurring, or if they receive a verbal warning from an officer about the rule.” Intercontinental joint action on Terra South Korea and the U.” So Where Did the Rumor Come From? The rumor appeared to stem from a headline on a story published by the liberal website Salon in June 2021.S.” The EP’s promotion of radical political agendas “endangers fundamental rights, including freedom of thought, conscience and religion, freedom of expression, freedom of assembly,” the bishops’ statement said, and “damages social cohesion.
have reportedly agreed to share their latest investigation data around Terra, the $40 billion ecosystem crash which is under investigation in both countries.” Salon updated the headline on the story more than a year later, in July 2022, and it now , “DeSantis signs bill requiring survey of Florida students, professors on their political views. There are exceptions for people on private property, in a vehicle stopped by the police, or those who are the subjects of police contact, as long as they do not interfere with officers’ actions. While the joint action between Terra’s original jurisdiction and the country with the largest crypto market comes as no surprise, the cooperation between the two nations would be the first of its kind, though likely not the last. No USDT for salaries in China Apparently, some Chinese firms have been using the Tether ( USDT ) stablecoin for salaries amid the hardline crypto ban by the country’s government. What Does the Law Actually Say? Here is the exact text in the key part of the legislation : The State Board of Education shall require each Florida College System institution to conduct an annual assessment of the intellectual freedom and viewpoint diversity at that institution. Beijing’s Chaoyang District People’s Court even had to deliver a judgment that stablecoins like USDT cannot be used for salary payments. “It might deter them from actually recording or might make them back up even further than the eight feet that the law requires,” Mr. The ruling came as part of a court case involving a staff member at a local blockchain firm suing his employer for not agreeing to pay his wages in yuan. The text of the legislation doesn’t explicitly specify whether or not survey participation from faculty and students would be voluntary and anonymous.
Continue reading An exodus of pro-crypto financial regulators in the UK Last week saw another major tumult in British politics with a number of high-ranking officials resigning in a sign of protest against Prime Minister Boris Johnson, who, for his part, has confirmed his resignation, albeit with a scheduled postponement. While in recent years, it has become almost a tradition for Conservative Party PMs to resign, the scandal could affect crypto regulation climate in the country — the former Economic Secretary to the Treasury John Glen and the former Chancellor of the Exchequer for the U. Cassie Palelis, spokesperson for the Florida Department of Education, told Snopes in an email that the survey is, in fact, anonymous and voluntary: The legislation requires a survey conducted by the State Board of Education (for state colleges) and Board of Governors (for state universities).” The U.K. Rishi Sunak were rather amicable to crypto.” Those requirements do not necessitate knowing the identity of the respondent, nor do they require everyone to participate. But all hope is not lost, as Sunak voiced his intention to pursue the Prime Minister position. The action is recognized as a constitutional right in most federal appeals courts, including the Ninth Circuit, which covers Arizona.
. Palelis added, “This survey is designed to help us better understand the extent of bias on Florida campuses, and asks respondents whether they fear reprisal on their college campus for expressing their political ideology.
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