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Luxembourg’s New Bill Affords Blockchain Transactions the Same Protections as Traditional Ones
Luxembourg lawmakers passed a new blockchain bill into law, giving transactions completed via distributed ledger the same legal status as those done via traditional means. Luxembourg is one of the more forward-thinking in terms of blockchain adoption. дальше »
2019-2-16 11:59 | |
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Indonesia Officially Recognizes Bitcoin as a Commodity
Regulators in Indonesia have finally recognized Bitcoin and other cryptocurrencies as commodities, thus providing legal backing for trading virtual currencies. Consequently, cryptocurrency exchanges in the country now have a set of requirements that must be satisfied before being allowed to operate. дальше »
2019-2-15 15:00 | |
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Russia Isn’t Bothered to Recognize Bitcoin for Now, Says Justice Minister; What Drove his Decision?
Russia’s Minister of Justice, Alexander Konovalov, has indicated that it is unnecessary to give cryptocurrencies a legal definition at this point in time, according to the country’s state-owned news agency TASS. дальше »
2019-2-15 13:59 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Russian Minister Of Justice Does Not Believe Bitcoin And Crypto Assets Need Legal Definitions Yet
Russian Minister Of Justice Does Not Believe That Cryptos Need To Be Legally Defined Just Yet The current Minister of Justice of Russia, Alexander Konovalov, has affirmed that he does not see the need to legally define cryptocurrencies just yet. дальше »
2019-2-15 23:29 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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Ghana’s Regulatory Agency Could License Cryptocurrencies and Make Bitcoin a Legal Tender
Although there are several regulatory agencies around the world trying to regulate the cryptocurrency market, there are others that want to make cryptocurrencies legal tender. Ghana’s Securities and Exchange Commission (SEC) is considering licensing digital assets in the country. дальше »
2019-1-23 20:34 | |
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Uzbekistan Starts to Investigate a Legal Framework for Security Token Offerings
Recently, Uzbekistan started to be another one of the countries leading the discussions for how to regulate Security Token Offerings (STOs). The central Asian nation is making an effort to become more crypto friendly since last year and it looks like the efforts are starting to pay off. While the country took its time to […] дальше »
2019-1-19 00:09 | |
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Cryptocurrency Still a Gray Area in Malaysia After Government Deems It ‘Neither Legal nor Illegal’
Malaysia’s government still hasn’t made up its mind on what to do with cryptocurrencies. The country’s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. дальше »
2019-1-13 06:20 | |
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Marshall Islands announces blockchain expert to assist with issuance of cryptocurrency SOV
CryptoNinjas The Republic of the Marshall Islands today announced that blockchain expert Steve Tendon is advising and assisting the country with the drafting, design, and issuance of SOV, the digital legal tender of the Marshall Islands,. дальше »
2019-1-11 03:34 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem
United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U. дальше »
2018-12-27 08:00 | |
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UpBit Crypto Exchange Executives Indicted for Market Manipulation
South Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal prosecutors, as reported by Business Korea on December 21, 2018. дальше »
2018-12-23 02:16 | |
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Privacy Coins Like Monero Perfect For Buying Cannabis in Canada, Says Expert
Senior market analyst at eToro believes that privacy coin usage in Canada will “almost certainly” increase as the country has officially warned citizens to protect their personal information by buying cannabis with cash. дальше »
2018-12-20 22:00 | |
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Switzerland wants to regulate blockchain within its existing financial laws
On December 7, the Federal Council of Switzerland issued a report, providing a legal framework for distributed ledger technology (DLT) and blockchain, stating that the country’s existing rules are well suited to dealing with such new technologies, but there is still a need for some amendments. дальше »
2018-12-17 13:01 | |
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Report: No Correlation Between Crypto Mining Attacks and Legal Status of Cryptocurrency in the Country
The growing popularity of cryptocurrencies has forced cybercriminals to invest resources in the development of more robust mining technologies to replace the typical ransomware Trojans, reports Kaspersky Lab’s cyber threat research arm Securelist, November 28, 2018. дальше »
2018-12-1 00:00 | |
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Dubai Has Quietly Created A Legal STO Space
The UAE is quickly becoming the international epicenter for security token offerings (STOs), according to the head of a Dubai-based consultancy firm. The Middle Eastern country will soon be in a position to launch fully-regulated STOs. дальше »
2018-11-30 20:52 | |
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Malaysian MP ”Concerned About Threat” from Cryptocurrencies
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. дальше »
2018-11-27 12:43 | |
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Nigeria’s Opposition Leader Promises Cryptocurrency Policy If Elected President
Nigeria’s main opposition leader and former vice president, Atiku Abubakar, has said the country will adopt blockchain technology and cryptocurrency if he is voted into power. In his policy document, Abubakar revealed plans to create a legal policy that, among other things, will see blockchain and cryptocurrencies taught from primary school through university. дальше »
2018-11-23 00:50 | |
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France Attempts to Attract New Cryptocurrency ICO Token Issuers with New Legal Framework
France Tries to Attract Crypto-Issuers France is looking to improve its stance toward cryptocurrencies by allowing their use, but with regulations in place to provide oversight. If France does establish regulations to oversee cryptocurrencies, it will be the first country in the world to do so, insofar as it relates to initial coin offerings. Those […] дальше »
2018-11-16 18:03 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government
Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement. дальше »
2018-11-8 18:10 | |
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Bithumb Partners ‘Asian Amazon’ While Lawyers Urge Korean Govt to Establish Crypto Framework
Lawyers in the Southeast Asian country lobbied the government today to quickly establish a legal framework for investor protection. The Korean Bar Association rarely campaigns publically for specific technologies or industry groups, however members felt strongly enough to do so for the cryptocurrency ecosystem within the country. дальше »
2018-11-8 15:30 | |
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Crystallizing The Significance Of China Court Declaring Bitcoin As Property
A Court of Arbitration based in Shenzhen, China has given a verdict to the surprise of a number of naysayers that cryptocurrency is vehemently backed by the country’s law. The Shenzhen International Court based in southern China set a legal precedent earlier on Tuesday declaring that cryptocurrency should henceforth be considered a legal asset recognized […] дальше »
2018-11-7 09:50 | |
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Is it Legal to use Bitcoin in Tunisia?
There are many side effects associated with the lack of active cryptocurrency regulation these days. A lot of consumers wondering whether or not Bitcoin is even legal to use in their country. Surprisingly, that question is a lot more difficult to answer first and foremost. дальше »
2018-11-7 20:00 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry
Russian companies have organized an enhancement course to prepare legal experts for the challenges of working in the cryptocurrency space. The oldest university of economics in the country, two law firms providing services to digital businesses, and both houses of parliament are behind the project to help lawyers understand the specifics of the industry. дальше »
2018-11-3 17:05 | |
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Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank
A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. дальше »
2018-11-1 08:35 | |
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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal
After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law. дальше »
2018-10-30 18:59 | |
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Chinese Court States Bitcoin is “Property of Economic Value”
A Chinese arbitration court declared crypto-assets such as Bitcoin must be treated as legal property, despite an infamous blanket ban on cryptocurrencies in the country. Chinese Court Classifies Bitcoin as Property As reported by a local news outlet, the Shenzhen Court of International Arbitration ruled cryptocurrencies must be legally protected as a property with “economic […] The post Chinese Court States Bitcoin is “Property of Economic Value” appeared first on CryptoSlate. дальше »
2018-10-27 00:30 | |
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Japan Allows Cryptocurrency Industry To Regulate Itself
Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads. дальше »
2018-10-24 13:30 | |
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BREAKING: Japan Allows Cryptocurrency Industry To Regulate Itself
Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads. дальше »
2018-10-24 13:30 | |
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Indian Media Bashed after False Reports of a Cryptocurrency Blanket Ban Circulated
A recent report in the local Indian media which stated that holding crypto assets might invoke punishment by the legal authorities in the country didn’t bode too well with the global crypto community. дальше »
2018-10-19 23:00 | |
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Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report
The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries. дальше »
2018-10-11 00:18 | |
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Despite Japanese Crypto Crackdown Coinbase Certain to Get Operating License in the Country
The famed U. S. -based cryptocurrency exchange is seeking a legal approval for its services from Japanese authorities praising relatively hush industry oversight for highly secure business environment. дальше »
2018-10-10 21:41 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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New Zealand Professors Advocate for Crypto-Friendly Blockchain Regulations
To make the country a hub of blockchain and cryptocurrency projects, the government of New Zealand needs to enact regulations for the local blockchain sector. This is the reason why professors at the University of Auckland recently published a report urging the local administration to establish a legal framework for the country’s crypto space. Reportedly, […] дальше »
2018-10-6 23:26 | |
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U.S. Court Cements Commodity Verdict On Cryptocurrency After Landmark Ruling
A US court has formally dismissed an attempt to stop the country’s commodities regulator prosecuting an alleged cryptocurrency fraudster, ruling that such assets are commodities. CFTC Can Legislate With Crypto In a press release October 3, Senior Judge Rya W. дальше »
2018-10-5 00:00 | |
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Binance Invests $2.5 Million in Australian Blockchain Travel Startup
Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. дальше »
2018-10-4 17:50 | |
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Zebpay Locks Down Exchange Services, Is This A Sign Of Things To Come In India
One of the largest cryptocurrency exchanges in India, Zebpay have announced that they have locked down all of their exchange services as a result of a banking freeze established by India’s central bank, the Reserve Bank of India (RBI). дальше »
2018-9-28 13:00 | |
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