Search
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
How to Buy Weed With Bitcoin
25.3.2020
So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where marijuana is legal, there are ways to exchange the two. While if you don’t inhabit such an enlightened area, rumor has it there...
Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk
24.3.2020
The accused scammers argue they are unable to follow medical advice in an enclosed jail environment
Steem Fork Faces Legal Threat From Mining Firm Over ‘Hive’ Name
23.3.2020
A new blockchain called Hive is being told it needs to change its name just days after it was created in a fork from Steem
Tezos Settles Legal Dispute, But It’s Not The End
23.3.2020
After a lengthy battle in the California court system, the Tezos Foundation has announced that it has settled a lawsuit outside of court, thus avoiding any legal scrutiny of the Tezos (XTZ) 2017 initial coin offering (ICO). However, while the parties have agreed on the settlement, it’s still up...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
18.3.2020
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S....
Fintech Think Tank Takes Legal Action Against Cardano Foundation
17.3.2020
London-based think tank Z/Yen has taken legal action against the foundation for allegedly terminating a 2017 agreement
Cardano Foundation Is Sued by Former Research Partner
16.3.2020
The Cardano Foundation is being sued by former research partner Z/Yen Group Limited, a UK blockchain thinktank
Coinbase’s Chief Legal Officer Resigns to Oversee US National Banking System
16.3.2020
Coinbase’s chief legal officer is designated by Treasury Secretary Steven Mnuchin to serve at major position at the Office of the Comptroller of the Currency
Coinbase Chief Legal Officer Leaves to Take Senior Role at US Bank Regulator
16.3.2020
Coinbase chief legal officer Brian Brooks will be the new COO and first deputy at Office of the Comptroller of the Currency, which oversees banking regulation in the U.S
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
Ripple Court Ruling May Expand Legal Action Potential Against Crypto
14.3.2020
The application of UDAAP laws to cryptocurrencies not deemed securities will hold issuers responsible for the accuracy of advertising materials and customer agreements
50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra
13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
How to Survive the Coronavirus and Keep Your Startup Alive
11.3.2020
From protecting your staff to planning a succession, here's a six-point plan to staying out of legal trouble during the pandemic
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...
Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India
10.3.2020
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more...
South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
7.3.2020
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global...
Crypto Bulls Roadshow Coming to Over 15 Indian Cities — With Government Participation
7.3.2020
India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more may be added based on demand. There is no fee to participate in the roadshow...