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China Passes Law Protecting Cryptocurrency Inheritance
30.5.2020
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum...
Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors
22.5.2020
Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...
Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel
7.3.2020
A 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong...
Yemen’s Civil War Shows the Dangers of Crypto
28.2.2020
The ongoing civil war in Yemen highlights the contradictions underlying bitcoin adoption
US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks
4.2.2020
The U.S. government has opened registration for the bidding of over 4,040 bitcoins, currently worth more than $37 million, which will be auctioned off on Feb. 18. The winning bidder will be notified on the same day. These bitcoins were forfeited in various federal criminal, civil and administrative...
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Hackers Breach Johannesburg’s Civil Website Demanding BTC Ransom
25.10.2019
Hackers breach Johannesburg’s online gov’t services and are demanding ransom in BTC
Cryptocurrency Projects Are Upping Their Privacy Game
4.9.2019
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. As a result, crypto developers are caught in...
Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash
27.7.2019
On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between BCH and BSV that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages tied to the Bitcoin Cash ecosystem. During...
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law
4.6.2019
A judge at Russia’s Supreme Arbitration Court urged lawmakers to include the term “digital assets” in the Russian Civil Law