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Chinese Court Rules Bitcoin Is Asset Protected by Law


A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...

In a Year or Two, Courts Will Be Ones Making Crypto Laws - Kraken CLO


The courts, not the lawmakers, will likely be the ones that'll make "new sources of law" for the crypto industry within the next couple of years, according to Marco Santori, the recently appointed Chief Legal Officer (CLO) at major crypto exchange Kraken. Stating that cypto companies...

China Is Drafting Laws for the Circulation of National Digital Currency


Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...

Laws of Demand and Supply: The Only Factor for Bitcoin Valuation?


“Demand is defined as the desire for a commodity, backed by the ability to buy, and willingness to pay for it, at a given price, during a particular period of time.” (Dr. Alfred Marshall) “The supply of a commodity may be defined as the amount of the commodity which the sellers able a willing...

The 3 Laws of Serverless


Burke Holland thinks that to "build applications without thinking about servers" is a pretty good way to describe serverless, but... Nobody really thinks about servers when they are writing their code. I mean, I doubt any developer has ever thrown up their hands and said “Whoa, whoa, whoa. Wait...

South Koreans Welcome New Crypto Laws – But There’s a Word of Warning


South Korean cryptocurrency industry chiefs, legal experts, politicians and more have been having their say on yesterday’s landmark vote in the National Assembly to introduce the nation’s first-ever package of crypto-specific legislation. As previously reported, the National Assembly green-lighted...

The States Can’t Blockchain


If states want to promote the use of blockchain tech, they need advisors with solid technical understanding of what they're trying to legislate

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