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Bitcoin Trading Is Booming in Uncertain Russia, With 350% Spike in New Users on Paxful
31.7.2020
Bitcoin trading is growing in Russia. That’s despite attempts by the government to make it difficult for investors to do so. For years, Russian lawmakers have blown hot and cold over cryptocurrency regulation, creating an atmosphere that has often left the entire digital asset industry in...
Lawsuit: Investors Can't Prove Ripple Knew XRP Had ‘No Utility’
31.7.2020
Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false
Longfin Ordered to Repay $223M to Investors
31.7.2020
Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors
Fan Token Platform Socios Secures Key Regulatory License
30.7.2020
Sports token-focused platform Socios prepares to issue a payments and loyalty card with a new license from Estonian Financial Intelligence Unit
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Three Individuals Behind Alleged PlexCoin ICO Scam Charged with Fraud
28.7.2020
A new indictment came down in the case involving three Canadians behind the alleged PlexCoin ICO scam which raised $8M in 2017
J. A. McDonald: The Longest Running Case of Mass Hysteria
26.7.2020
It is a mass delusion on an epic scale, beyond that of any known mental illness or fallacious belief. It is neither genetic nor viral nor bacterial, yet it has spread to each corner of the world and overtaken it. Statism, the belief in a forceful and coercive government, is an affliction that...
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
24.7.2020
Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
$500K Bitcoin Paid to Arrange Ex-Nissan CEO's Escape From Japan
24.7.2020
The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin
It Might Be 'too Early to Celebrate' Russia’s New Crypto Law
23.7.2020
Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin.
A local expert has hinted that when policymakers decided to divide the “On Digital Assets” bill into two, they...
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
John McAfee: ‘Intel is Suing Me Over My Own Name’
23.7.2020
The creator of the software company behind anti-virus program McAfee alleges Intel is suing him over the use of his own name
T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks
23.7.2020
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto
US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks
22.7.2020
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets
Cryptocurrencies Could Undermine Obsolete Laws, Says Cybersecurity Expert
22.7.2020
According to Pavol Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.”
Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
22.7.2020
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data
China’s Supreme Court Calls for Better Protection of Digital Currency Rights
22.7.2020
A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin
SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
21.7.2020
Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S
Major Victim of Cryptopia Hack Prepares to Sue Liquidator Grant Thornton
21.7.2020
The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer