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Lawyers Take Aim at Russia’s Crypto Legislation


Russian legal experts have criticized the nation’s crypto laws, suggesting that courts in the country have struggled when dealing with crypto in the past – and hinting that recent legislation may have done little to lift the legal fog surrounding how tokens are policed. Per a report from media...

Lawyers Claim They Intend to File Motion to Revoke eToro's Licence This Week


The attorneys representing European eToro users affected by the recent incident are exploring different options for a lawsuit in case the negotiation fails, but they might not wait with the motion to revoke the company's licence, they said - as the number of their clients rises. eToro disabled...

Facebook’s Libra Rebrand Hits Another Name-Change Snag as UK Diem Lawyers up


Facebook’s latest efforts to rebrand its Libra stablecoin project, recently renamed Diem, appear to have hit the rocks – again – with a British fintech firm of the same name preparing legal action. The Libra Association, the project’s governing body, recently stated that it was renaming itself...

US Firm Lawyers up to Claim Millions in Royalties from Bitcoin ATM Operators


A compilation of Bitcoin ATM pictures, posted by Reddit users. A company called First Bitcoin Capital, freshly acquired by the software company BOTS, said it is looking to start collecting royalties from bitcoin (BTC) ATM operators and manufacturers, and potential copyright infringement offenders...

Is Uniswap (UNI) a Security? Lawyers Divided, While Token Skyrockets


As the DeFi gravy train keeps on rolling, lawyers have begun to ask the question that will likely one day end up on the lips of regulators: Are tokens like uniswap (UNI) securities? With debates now raging on Twitter, a number of legal experts have been wading in with their two cents – as...

Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC


An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal? The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy. A recently...

Russian Lawyers Warn E-pay Laws May Have Knock-on Effects for Bitcoin


A new Russian law banning anonymous fiat deposits in e-pay wallets like PayPal may have an effect on crypto users, legal experts in the country have warned. A new law governing digital payment systems came into force in Russia on August 3. The law forces operators such as PayPal and domestic rivals...

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