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Ripple Sued by 13 Australian Banks for Trademark Infringement


Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...

'No Doubt’ Bitcoin Will Soon Rule an Internet-Powered Economy - Expert


An internet-driven economy held together by bitcoin (BTC) is on its way, with a “BTC-based economic system” to surface “in the next 20 to 30 years with almost no doubt,“ says an industry insider. The claims were made by Knox founder Thibaud Marechal, the former head of portfolio services at Real...

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...

'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Business news Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...

Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center


China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...

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