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China Acknowledges Value of Bitcoin in Landmark Ruling
The first case regarding Bitcoin as a commodity in China led to the Hangzhou Internet Court pronouncing it as virtual property. The court said Bitcoin has value, scarcity, and can be disposed, giving it the necessary attributes of a digital currency with inherent utility. дальше »
2019-7-19 17:00 | |
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Chinese court upholds legality of Bitcoin ownership, BTC protected by China’s property laws
A court in Hangzhou, China, upheld Bitcoin’s status as “virtual property. ” The ruling reaffirms that Bitcoin is legal to own in China and indicates to holders that they will be protected by the country’s legal system in disputes. дальше »
2019-7-19 06:26 | |
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President Trump can’t block you on Twitter, federal court rules
A US federal court has ruled today that President Donald Trump can’t block his haters on Twitter. The United States Court of Appeals for the Second Circuit situated in New York said that since Trump uses the social network to communicate matters related to government affairs, he can’t bar some Americans from accessing that information. дальше »
2019-7-10 07:20 | |
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Silk Road weed dealer fights Vancouver police over $2.6M in seized Bitcoin
Vancouver police have been accused of misleading a justice of the peace in a plot to seize $2. 6 million (CAD$3. 5 million) in Bitcoin owned by a dark web marijuana trafficker, CBC reports. Authorities believe the Bitcoin, found on hard drives seized in 2013, to be the proceeds of illegal activity — specifically the selling of large amounts of cannabis via seminal dark web marketplace Silk Road. дальше »
2019-6-29 17:07 | |
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Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin's Run?
According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with "real-name accounts" issued by local financial institutions. дальше »
2019-6-25 22:54 | |
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Court Gives Something For Both Sides In The Tezos Litigation
Regarding the ongoing litigation on Tezos, the Court on March 8 issued a ruling that asked both of these issues, allowing the case to step ahead under somewhat varied management and without restarting the clock. дальше »
2019-6-24 20:28 | |
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Bitcoin’s monumental rise continues to take over the market as coin moves past $10000 level
Bitcoin, the cryptocurrency that’s ruling the entire market with over 57 percent dominance, seems to be back with a bang. The coin has made a glorious return to the bull market as the past six months saw the digital gold recover its position from around $3000 to over $10,000. дальше »
2019-6-22 04:57 | |
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Facebook finally faces GDPR lawsuit after getting shot down in Austrian court
A GDPR case against Facebook, launched by Austrian privacy activist Max Schrems, has been deemed legal under EU law after the Austrian Supreme Court’s ruling, ComputerWeekly reports. Why is this a big deal? Because Facebook has been trying to block this case for five years, and winning a ruling against one of the richest companies in the world is huge news. дальше »
2019-6-12 18:06 | |
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No Jail Time For Silk Road 2 (SR2) Operator As Many Question Ross Ulbricht’s Ruling In Comparison
No Prison Time For Silk Road 2 Admin, Blake Benthall, Disparity In Ross Ulbricht Sentencing The creator of the darknet marketplace Silk Road (SR), Ross Ulbricht, is currently serving a double life sentence for the role he played in SR with no chance of parole. дальше »
2019-6-3 21:43 | |
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Bitcoin An ‘Extremely Orderly Market’ – Bitwise Urges SEC to Approve ETF
According to new research from Bitwise, the public (and SEC) perceptions are wrong, and the real Bitcoin market is a poster-boy of order and efficiency. Bitwise Asset Management certainly doesn’t sit around feeling sorry for itself when the SEC delays ruling on its Bitcoin-ETF… again. дальше »
2019-5-26 19:00 | |
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How Modi’s Win Raises the Stakes for US-India Relations in Light of China
By CCN: Following the conclusion of India’s parliamentary elections, the ruling Bharatiya Janata Party (BJP) headed by Prime Minister Narendra Modi secured a clear victory that many analysts have seen as a ringing endorsement of Modi’s policy direction over the past few years. дальше »
2019-5-26 16:30 | |
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Montana Governor Signs Bill, Utility Tokens Exempt From Securities Laws
While the recently signed bill exempts utility tokens from securities laws in the state of Montana, a plethora of specific conditions surround the ruling. These include how a token is marketed to investors and when its "consumptive purpose" becomes available to holders. дальше »
2019-5-25 18:47 | |
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Bitcoin Bull’s $800,000 Tax Bill Due as Israeli Court Rules Crypto is ‘Property’
By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes. дальше »
2019-5-22 15:39 | |
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Crypto Market Wrap: MATIC Moons On Binance Endorsement
Crypto markets still consolidating; ETH looking promising, XLM and XRP slide, NEO gains and MATIC moons. Market Wrap The consolidation has continued on crypto markets for another day. There have been slight declines but nothing significant as the SEC ruling on the VanEck ETF gets predictably delayed again by the apathetic US regulator. дальше »
2019-5-21 10:00 | |
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SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels
By CCN: The U. S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. дальше »
2019-5-21 23:33 | |
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Crypto Market Wrap: Bitcoin Steady Before ETF Ruling, What’s Expected?
Crypto markets holding onto gains; Bitcoin back at $8,000 prior to anticipated bitcoin ETF ruling, BCH and XRP gaining slowly, Dash pumping. Market Wrap Crypto markets have held on to their weekend gains as Bitcoin remains buoyant. дальше »
2019-5-20 10:00 | |
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Bitfinex Claims Victory as Supreme Court Gives Nod to Exchange & Tether
By CCN: The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Bitfinex: Supreme Court Ruling a “Victory” The embattled exchange called the ruling a “victory” and insinuates that the case will end up going nowhere. дальше »
2019-5-18 02:20 | |
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Bitcoin ETF Approval Rumors Fly as ETF Conference Welcomes ‘Crypto Mom’
A major speech from pro-Bitcoin SEC commissioner, Hester Peirce, coincides with the deadline for the ruling on the VanEck Bitcoin-ETF. This has led to speculation that the scheduling is deliberate enabling Peirce to deliver a positive announcement of SEC’s approval. дальше »
2019-5-18 21:00 | |
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New York Judge Denies Bitfinex’s Motion to Vacate Preliminary Injunction
The presiding judge over the New York OAG v. Bitfinex/Tether proceedings just ruled on Bitfinex’s ‘Motion to Vacate’ the OAG’s request for a preliminary injunction against them. That ruling can be found here: Bitfinex’s Motion to Vacate the OAG’s Request for Production of Documents Was Denied As a result of this order, the preliminary injunction that […] дальше »
2019-5-14 05:04 | |
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Supreme Court ruling means Apple could face lawsuits from lots of angry customers
The United States Supreme Court ruled this week that users could sue Apple for allegedly monopolizing the App Store and driving up the price of apps. This means that, if you’re so inclined, you could bring suit against Apple for overcharging you. дальше »
2019-5-14 23:12 | |
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Craig Wright’s Wife Nets Legal Victory in Quest to Reclaim Lost Bitcoin
By CCN: Craig Wright’s wife, Ramona Ang, sued a Cypriot futures exchange, UFX, for closing her account in August 2017 and effectively throwing a wet blanket on her investment goals. The exchange also refused to allow her to withdraw the funds she had used to invest in Bitcoin futures. дальше »
2019-5-8 21:28 | |
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Groundbreaking Chase Bank Lawsuit Verdict Could See NY Federal Judge Rule ‘Crypto is Cash’
By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to. дальше »
2019-4-26 09:08 | |
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Sweden Changed Its Official Currency To Bitcoin (For 30 Minutes)
Hackers convinced Twitter to give them control of the account for Sweden’s ruling political party – then used it to change the country’s official currency to Bitcoin. Swedish Government: ‘Time To Buy’ Bitcoin Speaking in an interview with local news outlet Trijo, one of the five hackers involved in the stunt this week said he did it because he thought socialism “was wrong. дальше »
2019-4-17 15:00 | |
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Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling
Indian crypto exchange Unocoin has noted they have let half of their staff go last week in the lead-up to the Supreme Court’s July hearing on the legal status of crypto
дальше »2019-4-17 11:49 | |
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Hackers Steal The Twitter Of Sweden’s Social Democrats Party To Publish Fake Bitcoin News
Hackers Steal The Twitter Of Sweden’s Ruling Party To Publish Bitcoin Fake News Some people go too far when it comes to pumping Bitcoin. A group of hackers has decided to hack the social media accounts of the ruling political party of Sweden in order to publish fake news that could make the price of […] дальше »
2019-4-16 22:50 | |
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Hackers Hijack Twitter of Sweden’s Ruling Political Party for Some Bitcoin Mischief
Swedes on Monday woke up to the news that the Twitter account of the country’s largest political party and the party currently holding the premiership, the Social Democrats, had been taken over by a hacker who used the short-lived opportunity to publish fake bitcoin news, according to Sveriges Television AB. дальше »
2019-4-15 15:36 | |
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Judge Rules QuadrigaCX Must File For Bankruptcy By Next Week
The transition to bankruptcy will allow Ernst and Young (EY) greater investigative authority over the exchange's missing funds. Under the ruling, the assets of Jennifer Robertson, widow of owner Gerry Cotten, will be frozen, and her financial activity will be closely monitored. дальше »
2019-4-10 00:31 | |
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Ethereum Price Runs Out of Fuel as ETH/USD Shorts on All-Time Low
Crypto market is in the green with Bitcoin (BTC) going to $5,152 and Litecoin (LTC) and Bitcoin Cash (BCH) yet again ruling the market with 7 and 10 percent gains respectively while Ethereum seeing the gains of just over 2 percent. дальше »
2019-4-7 17:28 | |
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Canadian Drug Dealer Ordered to Forfeit $1.4 Million in Bitcoin
As part of an ongoing criminal case, a judge in Canada has ordered that a local online drug dealer must forfeit about 281. 41 bitcoin (worth about $1. 4 million) after it was found that he used the cryptocurrency to fund his illegal activities. дальше »
2019-4-5 20:02 | |
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Canadian Drug Dealer Forced to Forfeit $1.4 Million in Bitcoin
Matthew Phan, the Mississauga resident at the center of a drug trafficking case facilitated via bitcoin, has been ordered to forfeit 281. 41 BTC by a Toronto Court, reports The Star. The ruling is reportedly the largest bitcoin forfeiture recorded by authorities in Canada. дальше »
2019-4-5 23:00 | |
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Crypto Regulation: SEC Staff Publish Guidelines on Digital Assets
Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment. дальше »
2019-4-4 00:00 | |
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Bakkt’s Bitcoin Futures Stalls, Will Rival Firms Fuel Crypto Momentum?
Supporters of Bakkt continue to grow weary of further delays to the Bitcoin futures ruling. The Commodity Futures Trading Commission (CFTC) confirmed last month the matter is under review, but their lack of urgency casts doubt over the probability of Bakkt’s launch in Q1 of 2019. дальше »
2019-4-3 16:30 | |
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Facebook is cracking down on fake accounts before India’s election
The first phase of the Indian Assembly’s election kicks off on April 21, but the increase in propaganda has already begun. Facebook has announced it’s removed numerous pages and accounts that used practices like fake accounts and cross-posting to increase their spread. дальше »
2019-4-1 16:33 | |
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Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more
It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet. дальше »
2019-4-1 10:51 | |
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Where’s the Justice? Mt. Gox CEO Escapes Embezzlement Verdict to Appeal Manipulation Charge
The former chief executive of shuttered bitcoin exchange Mt. Gox is going for the trifecta now that his trial is over. Mark Karpeles got off scot-free on charges of embezzlement and breach of trust. дальше »
2019-3-30 17:25 | |
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Swiss Regulators: Crypto Firm Unlawfully Received Money from 37,000 Investors
The Swiss Financial Market Authority (FINMA) has stated that a crypto firm that accepted around US$90. 5 million in deposits from more than 37,000 individual investors did so illegally. The company in question, Envion AG, is currently undergoing liquidation proceedings by the Zug bankruptcy authority. дальше »
2019-3-28 00:00 | |
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Japan court lets Monero cryptojacker walk away free
A Japanese web designer has been given the right to walk, despite “borrowing” the computing power of unsuspecting users to mine cryptocurrency. The 31-year-old web designer appeared in court today and was acquitted of stealing his user’s computing resources with a Monero mining script called Coinhive, local news outlet The Mainichi reports. дальше »
2019-3-27 16:52 | |
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SEC Tells ICOs: You’re Forgiven If You Cooperate and Pay the Fine
The SEC is apparently going easy on ICOs who are cooperating, paying a fine, and returning the raised money to investors. A Litany of Settlements The US Securities and Exchange Commission (SEC) is reaching settlements with cryptocurrency Initial Coin Offering (ICO) projects that accept the Commission’s ruling on violating securities regulations. дальше »
2019-3-27 14:00 | |
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Apple Stock Plunges after US Trade Judge Calls for Bombshell iPhone Ban
On Tuesday, ITC Judge Mary Joan McNamara dropped the bombshell revelation that she is planning to recommend a ban on some China-made iPhone imports, in a ruling that caused Apple stock to crater in afternoon trading. дальше »
2019-3-27 22:03 | |
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Crypto Legal Expert: Don’t Expect Ripple’s XRP Security Ruling This Year
According to the prominent law firm Kobre & Kim’s Jake Chervinsky, the crypto space shouldn’t expect a decision to be made on XRP’s status as a security. In a tweet storm, Chervinsky broke down the lawsuit Ripple is dealing with and laid out what we can expect over the course of 2019. дальше »
2019-3-23 10:15 | |
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Why Are Governments Desperate To Regulate Cryptocurrencies?
There are a couple of reasons why the ruling party and lawmakers of a specific country would want to bring cryptocurrencies under their regulatory framework. Most of these reasons are connected to creating an additional source of income for the government, but they are usually masked under the “its too dangerous for the investors” excuse. дальше »
2019-3-22 11:16 | |
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Trump Scores Major Immigration Win in Supreme Court for Legal Detention
The U. S. Supreme Court has delivered a ruling on immigration reform that comes as a major victory to President Donald Trump. In a 5 – 4 decision announced on Tuesday, the court ruled that federal immigration authorities like U. дальше »
2019-3-20 10:17 | |
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Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank
An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account. дальше »
2019-3-20 18:53 | |
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Karpeles Beats Embezzlement Charges in Mt Gox Ruling
The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust. дальше »
2019-3-16 22:01 | |
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