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UK Fintech Bank Revolut Will Give Customers ‘Legal’ Ownership Over Cryptos – But With a Caveat
15.6.2020
UK fintech bank Revolut will give its customers legal ownership over their cryptocurrencies next month, but will limit how they can spend those coins
Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
15.6.2020
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance
South Korea to Review Legal Issues Surrounding Potential CBDC Launch
15.6.2020
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
14.6.2020
Chinese banks are clarifying that they are not shutting down any legal crypto accounts
Documents Show Craig Wright Claims to Own a Bitcoin Address With 80,000 BTC Stolen From Mt Gox
14.6.2020
On June 12, 2020, the former CEO of Mt Gox, Mark Karpeles, tweeted about the notorious Craig Wright, the man who claims to be Satoshi Nakamoto. Karpeles and a number of crypto community members, assert that Wright’s legal team from London has been sending documents to certain individuals....
Human Rights Foundation Funds Bitcoin Privacy Tools Despite ‘Coin Mixing’ Legal Stigma
10.6.2020
The Human Rights Foundation took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund
Ransomware Group Threatens Auction of Madonna's Legal Data
2.6.2020
REvil’s ransomware gang is launching an auction of stolen data, including legal information hacked from Madonna
China Passes Law Protecting Cryptocurrency Inheritance
30.5.2020
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum...
Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action
27.5.2020
Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Craig Wright Denies Transferring ‘Satoshi’ Coins, Leaving Him in Legal Catch-22
21.5.2020
Wright has denied moving 50 Bitcoin from one of the ‘Satoshi’ accounts he claimed in court as his own, leaving him in a legal quandary
BitMEX Briefly Goes Offline Amid Legal Problems
19.5.2020
Trading giant BitMEX briefly went offline just three days after being hit with a massive lawsuit, citing a trading engine error
Ransomware Gang Demands $42M or it Releases Trump’s ‘Dirty Laundry’
15.5.2020
The ransomware gang responsible for stealing almost 1TB of legal secrets from celebrities and entertainers last week is now targeting the President
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
Hackers Threaten to Release Legal Secrets of World’s Biggest Stars
8.5.2020
A ransomware gang is threatening to release almost a 1TB of private legal secrets from the world’s biggest music and movie stars
Crypto Investor Sues New York Teen for $71.4 million in SIM-Swap Saga
8.5.2020
A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Libra Association Names HSBC Chief Legal Officer as First CEO
6.5.2020
The Libra Association has just named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year
Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle
30.4.2020
Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative -- but not to give him back the title
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...