{"id":35298,"date":"2022-12-18T09:36:03","date_gmt":"2022-12-18T09:36:03","guid":{"rendered":"https:\/\/lydian.io\/?p=35298"},"modified":"2022-12-18T09:36:03","modified_gmt":"2022-12-18T09:36:03","slug":"the-celsius-judge-says-the-court-could-look-to-the-uk-consultation-paper-in-the-absence-of-a-us-guideline","status":"publish","type":"post","link":"https:\/\/lydian.io\/the-celsius-judge-says-the-court-could-look-to-the-uk-consultation-paper-in-the-absence-of-a-us-guideline\/","title":{"rendered":"The Celsius judge says the court could look to the UK consultation paper in the absence of a US guideline","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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The shortage of crypto regulation in the US has lengthy made life troublesome for customers and repair suppliers, and now a choose has acknowledged the ache the judiciary additionally feels from their absence. US Chapter Chief Martin Glenn, the choose presiding over the Celsius case, stated the courtroom would look overseas for steering on the case.<\/p>\n
Glenn wrote<\/a> in an October 17 submitting within the Celsius case:<\/p>\n \"Many, or e.g[r]For probably the most half, circumstances involving cryptocurrency could increase authorized points that lack authoritative precedent on this Circuit or elsewhere in the US or in different international locations the place circumstances come up.\u201d <\/p>\n Nonetheless, the courtroom could now contemplate the 529-page Digital Belongings: Session Paper printed by the Legislation Fee of England and Wales within the Celsius case because the doc addresses<\/a> \"many authorized points that come up in digital asset circumstances.\" <\/p>\n Decide Glenn, who's in cost #CelsiusBust<\/a>filed a letter stating that since there may be typically no authorized precedent for crypto within the US, the courtroom might check with the UK\u2019s Digital Belongings Session Paper.
Letter: https:\/\/t.co\/jqcGfWFYhg<\/a>
Paper: https:\/\/t.co\/1n380Rh0u8<\/a> pic.twitter.com\/WhkO8p4Id7<\/a><\/p>\n