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U.K. recognizes cryptocurrencies as ‘tradable property’

A specialized task force of senior judges and lawyers in the U. K. has recognized crypto-assets as “tradable property” under English law. The 46-page legal statement, which clarified the status of cryptocurrencies, blockchain technology, and smart contracts, is the country’s effort to reintroduce confidence to the British crypto market. дальше »

2019-11-20 23:00


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U.K. Classifies Cryptocurrencies as Property Under English Law

The U. K. is now the latest jurisdiction to classify cryptocurrencies and virtual assets as property. The Times reports that a legal panel chaired by Sir Geoffrey Vos, Chancellor of the High Court reached the decision which presents significant implications for the legality of cryptocurrencies and blockchain assets in the U. дальше »

2019-11-19 18:00


Verizon, AT&T and T-Mobile Had Arbitrations Filed by Crypto Legal Firm Silver Miller on SIM Swapping

The legal firm Silver Miller, famous for taking on lawsuits in the crypto world, is also taking the SIM swapping cases that have led to major cryptocurrency losses. The complaints are made against three of the most important phone operators in US, which are Verizon, AT&T, and T-Mobile. Mobile Operators Broke Their Own Security Policies […] дальше »

2019-11-19 00:41


Crypto-assets are tradeable property, smart contracts are enforceable: UK Jurisdiction Taskforce

In what is a major development in the context of the cryptocurrency industry in the United Kingdom, a landmark legal statement given by the Chancellor of the High Court, Sir Geoffrey Vos, states that The post Crypto-assets are tradeable property, smart contracts are enforceable: UK Jurisdiction Taskforce appeared first on AMBCrypto. дальше »

2019-11-18 15:23


OneCoin Head Paid Son of Former President George Bush $300,000 for Attending Crypto Meeting

OneCoin has been in the middle of a lot of legal trouble recently, considering the massive scam that the cryptocurrency has proven to be. Mark Scott, who formerly worked at the Locke Lord international firm as an attorney, is being tied into this trouble for allegedly conspiring with the creators of the Ponzi scheme to […] дальше »

2019-11-17 22:28


Creator Of ‘Big Brother’ And ‘The Voice’ Wins Legal Battle Against Facebook For Bitcoin Scams

A Dutch court has recently ruled that all fraudulent ads involving Bitcoin must be removed from Facebook. The case started when the Dutch millionaire John de Mol sued the social media company. He started the process some months ago after Facebook failed to remove fake ads that used his and other celebrities’ images. According to […] дальше »

2019-11-12 02:05


LocalBitcoins officially approved as virtual currency provider in Finland

LocalBitcoins, the P2P bitcoin marketplace, announced today that The Finnish Financial Supervisory Authority, FIN-FSA, has registered LocalBitcoins as an official virtual currency provider. Starting from the beginning of November 2019, only registered virtual currency providers that fulfill the legal requirements are allowed to operate in Finland. дальше »

2019-11-11 17:49


Russia Outlines Plan to Allow for Confiscation of Cryptocurrencies by the End of 2021

The Russian government is considering enforcing a law to curtail the use of digital assets for criminal activities, local financial news outlet RBC reported on November 7. The Ministry of Internal Affairs of Russia, along with other relevant authorities, plan to roll out a legal mechanism that would allow seizure of virtual assets for confiscation […] дальше »

2019-11-8 00:46