International attorney Ann Olivarius breaks down potential criminal pathways, jurisdictional hurdles and investigative next steps.
International attorney Ann Olivarius breaks down potential criminal pathways, jurisdictional hurdles and investigative next steps.
A man charged with trying to bribe a juror with up to $100,000 at the drug trafficking trial of a former heavyweight boxer has pleaded guilty to obstructing justice.
A shouting match broke out as Attorney General Pam Bondi sparred with critics in Congress over her handling of the Justice Department’s Epstein files release. Scott MacFarlane has more.
The US House Ways and Means Committee said Wednesday that it is investigating the organ procurement organization for the New Jersey region for what it called “extreme abuse of public
but perhaps the real issue is that Trump has done something no other politician has done before: broken the fourth wall.
WASHINGTON — The House voted overwhelmingly in favor of a bill Tuesday to force the Justice Department to publicly release its files on the convicted sex offender Jeffrey Epstein, a
The Australian Securities and Investments Commission has clarified how existing financial laws apply to digital assets. The update aims to give investors more protection and provide firms with clearer rules ahead of future law reforms. Digital assets meet tradfi in London at the fmls25The clarification follows earlier proposals for full licensing and stronger consumer protections for crypto firms in Australia. Stablecoins, Tokens Classified as Financial ProductsASIC’s new guidance confirms that stablecoins, wrapped tokens, tokenised securities, and digital asset wallets are considered financial products under current law. This means that many providers offering these products will need to hold a financial services licence. ASIC Commissioner Alan Kirkland said that distributed ledger technology and tokenisation are changing global finance. He added that ASIC’s guidance gives firms the clarity they need to operate within existing laws. He explained that licensing ensures consumers receive legal protections and enables ASIC to take action when poor practices cause harm. To help firms adjust, ASIC has introduced a sector-wide no-action position that will last until 30 June 2026. During this period, the regulator will not take enforcement action against unlicensed providers making genuine efforts to comply. Public Feedback Open on Draft ReliefASIC also plans to provide temporary relief for distributors of stablecoins and wrapped tokens, and for custodians of digital assets that qualify as financial products. The regulator is seeking public feedback on these draft relief measures until 12 November 2025. No-Action Position Considered for Past BehaviourIn addition, ASIC released a summary of industry feedback from Consultation Paper 381, which focused on digital asset financial products and services. The feedback helped shape the current guidance, including the examples and relief measures now proposed. ASIC said it will consider the no-action position when assessing past behaviour but will continue to act against serious misconduct or practices that cause significant consumer harm. This article was written by Tareq Sikder at www. financemagnates. com.