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Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
5.10.2021
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle...
South African University to Commence Blockchain and Digital Currency Education in November
4.10.2021
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding...
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...
SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News
1.10.2021
f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha
First Volcano Bitcoin Mined, Says El Salvador’s President
1.10.2021
BTC is not new. After he declared the cryptocurrency legal tender in June with the country passing the Bitcoin Bill, Bukele followed it up with
How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds
30.9.2021
According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading...
A Rocky Start for Bukele’s Bitcoin Law — El Salvador After Adoption
25.9.2021
The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country, has taken a course of action many consider mistaken. In any case, the Bitcoin Law has put Bitcoin in the global spotlight...
Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency
23.9.2021
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia...
Blizzard's Chief Legal Officer Quits Amid Lawsuit
21.9.2021
Blizzard Entertainment’s chief legal officer, Claire Hart, has resigned from the embattled company. She announced the news in a LinkedIn post yesterday, saying that last Friday, September 17, was her final day.Read more
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
US Infra Bill Provision May Force Crypto Users To Report USD 10K+ Transactions
20.9.2021
ns who receive any kind of digital asset, has so far escaped public or congressional scrutiny, the non-profit organization that aims to bring legal and regulatory clarity to the proof of stake industry
Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the Lawsuit
20.9.2021
Amid the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog. They are confident that SEC Chairman Gary Gensler will be convinced that pursuing the case is picking winners...
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
19.9.2021
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely...
The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’
18.9.2021
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that...
El Salvador's credit rating could take hit amid Bitcoin adoption warns S&P Global
17.9.2021
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating
Nier Fan Game Wins Official Contest, Still Becomes Legal Headache
16.9.2021
Cogito is the NieR game that Square Enix doesn’t want you to know about.Read more
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows
12.9.2021
Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows Yougov...
Securities, Liquidations, and 20 Volatile Crypto Jokes
11.9.2021
-in-starbucks-mcdonalds-and-everywhere-in-el-salvador.htm">keeping BTC as a treasury reserve asset - yet Bitcoin still has a mountain to climb.
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama
10.9.2021
A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill is the legalization of cryptocurrencies, like bitcoin and ethereum, as a means of payment, including for paying taxes. Proposed Crypto Law Will ‘Give Legal...