Chinese Court Case Suggests That Bitcoin Is Virtual Property Protected by Law

2021-8-18 12:48

A Shanghai court considers cryptocurrencies as digital properties, protecting associated contracts and agreements

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court digital considers properties cryptocurrencies associated agreements

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StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the private keys appropriately, according toRead More

2021-6-23 16:15


Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry

Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […]

2020-6-18 16:15


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Ripple’s Legal Woes Likely To Dampen XRP Growth Following Recent Court Ruling

On Feb 26, Judge Phyllis Hamilton of the Northern District of California ruled that the class-action lawsuit filed by investors claiming Ripple sold unregistered securities will move forward. The judge also noted that digital assets that do not fall under securities law will be subject to laws against unfair, deceptive, or abusive acts or practices […]

2020-3-14 15:06


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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.

2020-1-23 07:55


Onecoin Victims Denied by Court for Alternative Service Request on ‘Crypto Queen’ And Two Others

The New York Southern District Court has denied a request filed against alleged fraudulent digital currency scheme OneCoin and other individual defendants linked to the scheme. The plaintiffs filed their lawsuit about one month ago with the hope of being awarded damages arising from the fraudulent and for alternative service of their complaint. Judge Valerie […]

2019-11-2 22:23


Bitfinex’s Parent iFinex Files A Discovery To Access $880M In Frozen Funds Under Crypto Capital

Bitfinex’s exchange parent company, iFinex Inc, recently filed a discovery application in South Carolina’s District Court in a dispute over its $880 million funds held by Crypto Capital. The past year’s regulatory pressures have been a big challenge to crypto players and now trickle-down effects are being experienced within the digital asset economy. Crypto Capital […]

2019-10-21 18:31