2024-2-24 14:24 |
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
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The Law Commission of England and Wales has proposed reforming existing laws, especially private property law, to protect cryptocurrency users and maximize the potential of the technology. The post England Law Commission recommends reforming property laws for digital assets appeared first on CryptoSlate.
2022-7-29 00:00 | |
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UK Law Commission Explores Possibilities of Legal Reforms for Smart Contracts In accordance to the Law Commissions Act 1965 section 3(3), the UK Law Commission presented its detailed annual report for the period 1 April 2017 to 31 March 2018.
2018-7-20 21:43 | |
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FinanceFeeds’ revealed, on July 20, that the founder of the shutdown bitcoin stock exchange, BitFunder, Jon Montroll is trying to work on a “plea agreement” with the U. S Securities Exchange Commission (SEC), for both his and BitFunder’s multiple fraud and scam activities.
2018-7-20 21:08 | |
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The British Law Commission will research how domestic laws apply to distributed ledger technology-based contracts.
2018-7-20 20:58 | |
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The U. K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The Law Commission was established in 1965 with the main tasks of monitoring the laws of the U.
2018-7-20 20:31 | |
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The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses in an era of blockchain smart contracts
2018-7-20 16:56 | |
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The U. K. Law Commission, an independent agency set up by the U. K. parliament to propose legal reform actions, is starting a research project on law reform to bring clarity in the current system for using blockchain-based smart contracts.
2018-7-20 11:28 | |
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The U.K. Law Commission has launched research looking at reforms that would clarify the use of blockchain-based smart contracts under British law.
2018-7-20 09:00 | |
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Ripple is staring down the barrel of yet another securities lawsuit — its third one this year. Filed in the Superior Court of the State of California in San Mateo County, the class action alleges that Ripple and its team illegally sold and promoted XRP, Ripple’s currency, as an unregistered security.
2018-7-5 23:14 | |
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When the European Commission announced its plans to modernize EU copyright law two years ago, the public barely paid attention. This changed significantly in recent months. Hundreds of thousands of people spoke out against Article 13, which imposes new restrictions on online service providers.
2018-7-5 19:03 | |
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The U. S. Securities and Exchange Commission revealed in a litigation release dated June 20 another emergency court order for an asset freeze over Dominic Lacroix, who the agency describes as a “recidivist Quebec securities law violator.
2018-6-22 16:28 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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Through a series of new proposals, the European Commission is working hard to modernize EU copyright law. These plans have not been without controversy. In particular, Article 13 of the proposed Copyright Directive has been widely criticized as it would pressure online services to monitor and filter uploaded content. The article states that online services […]
2018-6-20 18:26 | |
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Cambodian authorities have now announced that domestic investors are required to obtain a license in order to allow them to buy, sell or trade cryptocurrencies. Without a license, these activities would now be considered illegal.
2018-6-20 13:00 | |
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The U. S. Securities and Exchange Commission (SEC) has declared that Ethereum (ETH) is not a security under U. S. securities law as it is a decentralized structure that is not controlled by any committed third party.
2018-6-15 01:10 | |
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In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.
2018-6-14 21:32 | |
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The US Congress has proposed a bill which, if passed and signed in law, would launch a study of crypto usage in the area of sex and drugs trafficking
2018-6-13 03:50 | |
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Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.