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IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
17.1.2021
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed...
DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’
14.1.2021
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case
BitMex turns to Chainalysis to solve legal woes, or at least soften the CFTC's blow
13.1.2021
If you can't beat 'em, join 'em? BitMex onboards more aggressive Chainalysis measures in advance of a response to the CFTC
GateHub to continue supporting XRP despite Ripple's legal issues
13.1.2021
GateHub is the latest crypto firm to announce the continuation of XRP support despite Ripple’s legal issues with the SEC
Riot And Bungie Go After Valorant And Destiny 2 Cheat Sellers In Joint Lawsuit
11.1.2021
Riot Games and Bungie have decided to work together in both companies’ ongoing crusade against people who make and sell cheats for their games. They’ve filed a joint complaint against Cameron Santos, the owner of several cheat distribution platforms, including Gatorcheats.Read more
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
Koei Tecmo Filing Charges Over Dead Or Alive Nude Mod
7.1.2021
Koei Tecmo announced it’s filing charges with Kanagawa police against a suspect for allegedly selling an unlicensed DVD filled with naked skin Dead or Alive characters.Read more
The Sinking City Returns To Steam As Legal Battle Between Developer And Publisher Continues
6.1.2021
Moody cosmic horror game The Sinking City is now back up on Steam and other digital storefronts following the latest developments in an ongoing legal fight between developer Frogwares and the game’s publishing partner, Nacon, taking place in the Paris Court of Appeal.Read more
Bitcoin.com Co-founder Files Legal Action Against Bridge.link Token Project Over Market Manipulation
4.1.2021
PRESS RELEASE. Bitcoin.com Co-founder Mate Tokay is filing legal action against the founders of Bridge.link for failing to distribute a significant portion of BRG. Tokay was hired as an advisor for the Bridge.link project and was promised 37.5 million BRG for compensation. However, Tokay was never...
Julian Assange’s Extradition to US Blocked Over Mental Health Concerns
4.1.2021
A judge at the U.K.'s Central Criminal Court ruled Monday that there would be a "high risk" of suicide if Assange was sent to face charges in the U.S
Serbia Legalizes Digital Assets Trading and Issuance
30.12.2020
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week
Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
28.12.2020
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According...
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
26.12.2020
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge...
Thai Regulator Hits Defunct Crypto Exchange Operator with Legal Wrap
23.12.2020
Thailand’s regulatory Securities and Exchange Commission (SEC) has filed a criminal lawsuit against Bitcoin Company Limited, the operator of BX.in.th (BX), formerly the nation’s first and largest crypto exchange.
BX closed its doors last year, but the SEC claims the company transferred...
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
An Esports Team Signed An 8 Year Old, But Nobody Is Sure If It's Legal
21.12.2020
If nothing else, Team 33 certainly made a splash when it arrived on the esports scene earlier this month. In a press release, the previously unknown organization boasted of a Hollywood team house that had already played host to big names like Janelle Monáe, Post Malone, and Drake. But it wasn’t...
Ledger Leak Invokes Legal Action, One Customer Allegedly Threatened With Home Invasion
21.12.2020
Just recently, reports of the Ledger customer database breach being dumped on Raidforums for free has become a viral story among cryptocurrency proponents. Now customers are threatening to take legal action against the hardware wallet manufacturer, and one customer has complained of getting...
Ledger users threaten legal action after hacker dumps personal data
20.12.2020
A cybersecurity expert claimed the affected users would be targeted online and in person now that their personal information had been made public
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
17.12.2020
The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...