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Nalezeno "Legal": 2549

Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify

15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....

Ripple Court Ruling May Expand Legal Action Potential Against Crypto

14.3.2020
The application of UDAAP laws to cryptocurrencies not deemed securities will hold issuers responsible for the accuracy of advertising materials and customer agreements

50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra

13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...

Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban

11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...

How to Survive the Coronavirus and Keep Your Startup Alive

11.3.2020
From protecting your staff to planning a succession, here's a six-point plan to staying out of legal trouble during the pandemic

US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine

10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...

Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India

10.3.2020
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more...

South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards

7.3.2020
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global...

Crypto Bulls Roadshow Coming to Over 15 Indian Cities — With Government Participation

7.3.2020
India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more may be added based on demand. There is no fee to participate in the roadshow...

How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential

7.3.2020
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their...

RBI to Challenge Supreme Court Verdict on Cryptocurrency

6.3.2020
The Reserve Bank of India (RBI) is reportedly seeking to file a review petition challenging the supreme court verdict which lifted its banking ban on the crypto industry. The RBI is worried that the court’s decision “could pave the way for trading in virtual currencies and put...

Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency

5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...

The Beginner’s Guide to Buying Goods on the Darknet

5.3.2020
Darknet markets (DNMs) supply all manner of goods, some legal, others less so, but all purchasable with cryptocurrency and delivered to your door. Indeed, many people’s first exposure to bitcoin is when they have the need to purchase something off the darknet. For shopping of last resort,...

Bitcoin Lawsuit: Lawyers Accuse Craig Wright of Forgery, Can’t Locate Former Nchain CEO

4.3.2020
The Kleiman v. Wright lawsuit in Florida continues to unravel as the plaintiff’s law firm has accused Craig Wright of forging documents that allegedly stemmed from the mysterious bonded courier. Kleiman’s attorney has scheduled a few more depositions with people like Wright’s wife...

PwC Legal Leader: Cardano is a 'Huge Part' of the Decentralized Future

4.3.2020
Günther Dobrauz, the legal leader at auditing giant PwC, praised Cardano developers, calling them a big part of the decentralized future

Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted

4.3.2020
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read:...

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...