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UK Court Recognizes USDT as ‘Distinct Form of Property’
16.9.2024
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible property in legal disputes. UK Court Recognizes...
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate
18.8.2024
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely...
Chinese Court’s Verdict on $230k Rental Crypto Mining Fraud
17.8.2024
The Changsha Intermediate People’s Court of Hunan Province, China, has recently released a series of typical cases involving…
Bitcoin Eyes 75K Valuation After Ex-President Courts Crypto Community: A New ATH Incoming?
29.7.2024
Bitcoin’s market sentiment has officially entered a bull trend. Price recently broke from a symmetrical triangle, possibly continuing to the upside. The price broke the 0.786 Fibonacci level at $68,833.04, surpassing it quite successfully, and it continued to make new ATH prices as high...
Crypto won big in the Supreme Court's Loper Bright decision
10.7.2024
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto
Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman
2.7.2024
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other...
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry
29.6.2024
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector....
Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO
19.6.2024
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners
US courts to handle Coinbase Dogecoin sweepstakes disputes
24.5.2024
Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions
Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief
6.5.2024
A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.
The post Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief appeared first on Cryptonews
Stage 6 presale thrives as Pushd e-commerce courts Cosmos & BNB investors to overtake Amazon
24.4.2024
In the ever-evolving cryptocurrency markets, investors are constantly seeking opportunities that will yield them exponential returns on their investments. Amid this search, Pushd enters the scene with a revolutionary e-commerce platform that makes buying and selling more cost-effective and easy...
South Korean Youth Crypto Investment Driving Many to Debt – Report
9.4.2024
South Korean youth debt is on the rise, with crypto investments leading many desperate young people to bankruptcy courts, new data shows.
The post South Korean Youth Crypto Investment Driving Many to Debt – Report appeared first on Cryptonews
US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director
4.4.2024
Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission...
US Court of Appeals Reverses Lower Court’s Ruling in Favor of Binance
11.3.2024
The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S....
US Prosecutors to Appeal Montenegrin Court’s Decision to Extradite Do Kown to South Korea
8.3.2024
US prosecutors aim to appeal the Montenegrin High Court's decision to extradite former cryptocurrency mogul Do Kwon to South Korea to face charges related to the $40 billion collapse of the TerraUSD stablecoin in 2022.
The post US Prosecutors to Appeal Montenegrin Court’s Decision...
Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs
26.2.2024
“Is crypto a security?”– South Korean courts cannot seem to decide on the answer, and a new report claims the conundrum is causing a legal backlog.
The post Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs appeared first on Cryptonews
In Lejilex vs. SEC, Crypto Goes on Offense in the Courts
23.2.2024
The Texas-based crypto firm's new suit shows how the industry can use “impact litigation” to get regulatory clarity, lawyers Jake Chervinsky and Amanda Tuminelli write
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
18.2.2024
In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities....
DOJ’s Decision on SBF Case Outrages Crypto Industry — Coinbase Calls It ‘Miscarriage of Justice’
31.12.2023
The decision by the U.S. Department of Justice (DOJ) not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried (SBF) has outraged the crypto industry. Crypto exchange Coinbase calls the decision a “miscarriage of justice.” One lawyer opined, “Ask yourself why is this case...
Crypto Won't Get Long-Awaited U.S. Rules in 2024, But the Courts May Steer Its Future
18.12.2023
The U.S. Congress is still wrestling over crypto, so it's unlikely that a full regulatory regime will be in place before 2025, though court rulings and agency policies will keep emerging