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Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
28.2.2020
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain...
Malta Regulator Clarifies Legal Status of Binance
28.2.2020
Malta is keen to preserve its reputation as a blockchain hub after clarifying that leading crypto exchange Binance is not regulated by the island country
Singapore’s Court of Appeals Rules Quoine Exchange in Breach of Contract in Landmark Crypto Case
25.2.2020
Singapore's Court of Appeals ruled against digital currency exchange Quoine on Monday in a landmark case relating to a breach of contract that saw the platform unlawfully reverse seven trades
Legal Framework for Tokenization Submitted to Russia’s Crypto Bill
17.2.2020
Russia may soon have a legal framework for asset tokenization in place following a successful pilot by major mining firm Nornickel
Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission
15.2.2020
The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent...
London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation
9.2.2020
London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...
Ex-IOTA Dev Threatens Foundation Director With Legal Action Over $8 Million
6.2.2020
A former lead developer and co-founder of IOTA, Sergey Ivancheglo, threatened IOTA Foundation director David Sønstebø with a lawsuit over 25 million IOTA, worth nearly $8 million
IOTA Co-Founder Threatens Legal Action as Catfight Intensifies; MIOTA Up 10%
3.2.2020
The bitter, public war-of-words between the co-founders of the IoT-focused IOTA Foundation has taken a new turn, with Sergey Invancheglo taking to Twitter to announce that he will launch legal proceedings against fellow co-founder David Sønstebø.
Invancheglo appears to have accused Sønstebø...
France Charges Alleged BTC-e Operator Alexander Vinnik Following Greek Extradition
29.1.2020
French prosecutors have charged Vinnik on counts of extortion, aggravated money laundering, conspiracy and more
Montana Crypto Mine Back in Action Despite Owner's Uncertain Legal Fate
28.1.2020
Montana-based crypto mine CryptoWatt is running once again after significant downtime associated with its previous owner, an alleged fraudster
Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year
26.1.2020
Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting...
SEC Calls Out Status of Telegram's TON, Doubting Development
22.1.2020
Ongoing Telegram lawsuit reveals the SEC attacking Telegram’s TON blockchain development and lack of GRM token use cases
Blockchain Association Supports Telegram in Legal Battle With SEC
22.1.2020
In its amicus curiae brief, the Blockchain Association argues that Telegram’s token sale complies with U.S. securities laws
Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC
21.1.2020
The Chamber of Digital Commerce filed an amicus brief in the Telegram vs SEC case, asking the Court to affirm that a digital asset should not be considered a security just because it is based on blockchain
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...
Russia’s New Prime Minister Has an Opinion of Cryptocurrencies
17.1.2020
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell...
Amid Legal Controversy, Telegram Blockchain Explorers Are Already Available
17.1.2020
Blockchair launches explorer for TON testnet, reports it’s “highly unstable.”
Telegram’s Legal Battle With the SEC Heats Up Over TON Bank Records
16.1.2020
Former federal enforcement attorney weighs in on the battle for Telegram’s bank records, “Bank records are a typical request that very seldom denied”
US and European Regulators Say Crypto a Priority This Year
12.1.2020
Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus...
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...