2019-9-29 13:02 |
New tools have made DAOs all the rage in the ethereum community. Now one startup is trying to make them work within U.S. legal frameworks.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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New Zealand's Inland Revenue Department has deemed it legal for companies to pay employee salaries in crypto so long as the employee is under an official employment agreement and the chosen crypto can be easily converted to fiat via an exchange.
2019-8-12 19:35 | |
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New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.
2019-8-13 16:15 | |
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Authorities of New Zealand have decided that getting wages in Bitcoin and other crypto is legitimate and should be taxed similar to regular fiat salaries
2019-8-12 15:33 | |
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New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007.
2019-8-12 14:02 | |
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New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed
2019-8-13 10:48 | |
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Evidence shows EtherDelta was sold to new owners in China and used in an exit scam. Chinese authorities are allegedly taking legal action against the decentralized exchange, according to documents provided by Dovey Wan, a founding partner at Primitive Ventures.
2019-8-8 20:57 | |
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Coinspeaker Kik Claims ‘SEC Has Been Twisting Facts’ in Their Ongoing Legal BattleKik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.
2019-8-7 10:13 | |
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A new database called the Blockchain Litigation Database is making easier for law firms to provide legal services to crypto-sector clients concerned about compliance issues with the SEC and CFTC.
2019-8-7 23:12 | |
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The Iranian government enacted legislation this weekend that officially recognized the crypto mining industry in the country. The new legal certainty comes with a few drawbacks, including the prohibition of mining during peak electricity-usage hours and harsh restrictions on the trading of cryptocurrency within Iran.
2019-8-6 19:07 | |
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If you’re trying to launder money, don’t use Bitcoin. Elliptic, a British company providing blockchain monitoring solutions for regulatory compliance, has teamed up with researchers from the MIT-IBM Watson AI Lab to create a public dataset of legal and illegal Bitcoin transactions.
2019-8-4 18:21 | |
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Bitfinex is in the news yet again, and this time not because of its involvement in in a continuing legal battle. A recent announcement by Bitfinex suggests that the beleaguered crypto-exchange will now be accepting Tron-based USDt deposits and withdrawals.
2019-7-30 15:00 | |
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The ongoing tiff between crypto-giant iFinex and the New York Attorney General’s Office (NYAG) over Bitfinex’s jurisdiction continues to pique the interest of the cryptocurrency community. While the initial legal battle was limited to New York AG’s claims of Bitfinex covering its $850 million losses with Tether, the two continue to fight over Bitfinex’s jurisdiction […] The post Bitfinex, New York Attorney General’s legal battle set to go on after fresh extension appeared first on AMBCrypto.
2019-7-30 13:35 | |
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New York Supreme Court Judge Joel M. Cohen has postponed issuing a decision on whether the Office of the New York Attorney General’s case against Bitfinex and Tether will stand. Judge Cohen Requests More Time As previously reported by Bitcoinist, Bitfinex and the New York Attorney General’s office has been enmeshed in a lengthy legal dispute over allegations that Bitfinex illegally conducted business activities in the state of New York.
2019-7-29 21:36 | |
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Monday’s judgment in the legal tussle between the New York Attorney General (NYAG) and Bitfinex might have some short-term effect on the Bitcoin price. All Eyes on Monday’s Trial Outcome As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).
2019-7-29 17:00 | |
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Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust enrichment, and breach of contract.
2019-7-25 17:00 | |
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iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.
2019-7-24 12:56 | |
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The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns.
2019-7-20 13:40 | |
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Bitcoin will remain legal in India while the government works on regulations, a minister has said in new positive comments on the fate of the industry. Finance Minister: Bitcoin Regulations Coming Responding to a request for clarity on the state’s view of cryptocurrency, Anurag Thakur, India’s Minister of State for Finance & Corporate Affairs, firmly denied any token was illegal.
2019-7-19 10:59 | |
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The crypto community in Iran is still riding a roller coaster as the country seeks to bring its economy forward. Even though the country has expressed its interest in digital assets, enthusiasts cannot be very optimistic yet.
2019-7-10 02:15 | |
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The article is penned by Alice Henshaw. She is a smart contract engineer at Fluidity. Fluidity are a New York-based company working on DeFi, and are best known for creating decentralized exchange Airswap.
2019-7-10 19:26 | |
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High-ranking police officers in India will receive cryptocurrency training to help with investigations involving digital currency. The country’s national police academy – the Sardar Vallabhbhai Patel National Police Academy (SVP NPA) – has launched an educational course to help officers gain an understanding of how cryptocurrencies and blockchain technology work.
2019-7-8 13:52 | |
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Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading.
2019-7-8 12:03 | |
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According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U. S. Congress fear that the U.
2019-7-7 23:37 | |
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According to a lawyer holding licenses in New York, Hong Kong, and Taiwan, the self-proclaimed Satoshi Nakamoto, Craig Wright, is in serious legal trouble in his case against Ira Kleiman. The Craig Wright Lawsuit Back in February 2018, the brother of the now deceased David Kleiman filed a lawsuit against the self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright.
2019-6-25 23:00 | |
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Changpeng Zhao, Co-founder and CEO of one of the world’s largest cryptocurrency exchanges, addressed major concerns regarding their new platform, Binance US, in a recent AMA. The exchange recently announced the launch of an exchange platform that would be dedicated solely to US customers.
2019-6-18 17:30 | |
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India’s battle against cryptocurrencies took a new turn after pictures of a “proposed” bill circulated on social media. However, it was rejected by various prominent publications and personalities in the crypto-circle, due to its lack of authenticity.
2019-6-14 16:00 | |
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After Bittrex was denied a BitLicense for allegedly allowing users from sanctioned nations to use the platform, and after Bitfinex was issued a court order by the New York Attorney General for allegedly covering up an $850 million loss, both exchanges appear to be ramping up their KYC protocols for both new and current users.
2019-6-13 18:46 | |
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The former CEO of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, wants to start a new Blockchain business in Japan. Karpeles’ Blockchain Gift To Japan Those were the plans Karpeles reportedly told the press in comments June 5, as he appeals a conviction for data manipulation as part of the Mt.
2019-6-5 10:30 | |
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The Securities and Exchange Commission (SEC) is having its first FinTech Forum at the agency’s headquarters in Washington, D. C. , where they discussed a range of issues related to digital assets and distributed ledger technology (DLT).
2019-6-2 20:45 | |
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Bitcoin SV Legal Wars Heat Up As Craig Wright Joins The Fray The legal wars between the various factions claiming to be the original bitcoin appear to be heating up as new camp join the ongoing dispute.
2019-5-30 19:25 | |
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There has been a lot of volatility experienced in the regulatory atmosphere over the last year around the world. However, Ripple recently gave an update to their customers about the Ripple Regional event, which was based in the Middle East and North Africa (MENA).
2019-5-30 01:22 | |
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The cryptocurrency exchange Bitfinex on May 23, 2019, had a sigh of relief amidst the ongoing Tether (USDT) controversy as it won a partial block on demands for information from the New York Attorney General (NYAG) Office, Bloomberg reports.
2019-5-24 01:00 | |
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Bitcoin exchange Bitfinex has secured a temporary reprieve in its ongoing legal tussle against the New York Attorney General’s (NYAG) office. NY Judge Grants Stay of Document In a press release issued on Wednesday (May 22, 2019), Bitfinex announced that Hon Joel M.
2019-5-23 13:00 | |
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A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading.
2019-5-23 12:00 | |
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The ruling of the New York Supreme Court limits the power of the Attorney General who is engulfed in a legal battle with Bitfinex and Tether
2019-5-23 02:30 | |
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GoldeNugget is an existing reality, with over 3,000,000. 00 Euro’s already invested in West Africa for earth moving machines for the gold industry. Where you can really feel the dust, the noise, and the smell of business.
2019-5-22 12:12 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board.
2019-5-21 20:48 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Last week, the New York Attorney General (NYAG) launched an investigation into Tether, arguably the most controversial stablecoin in the crypto space, over an alleged $850 million fraud. Tether’s legal counsel have since admitted that the stablecoin is now only 74% backed by it’s asset reserves.
2019-5-17 19:20 | |
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Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.
2019-5-17 18:34 | |
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The Trump administration on Wednesday launched launched a new tool where pissed off Conservatives can whine about social media bias. So long as they’re legal citizens, anyway. For Conservatives like Trump, a man who rose to prominence on the backs of the social networks he’s now convinced are out to get him, the argument isn’t a new one.
2019-5-16 04:56 | |
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Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.
2019-5-16 18:51 | |
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The blockchain infrastructure firm that sent a Bitcoin satellite into space is launching a platform to allow businesses to offer security tokens on the Liquid Network. Blockstream announced the launch of “Liquid Securities” earlier today at CoinDesk’s blockchain and cryptocurrency conference, Consensus.
2019-5-15 17:15 | |
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On Thursday (May 9, 2019), the U. S. Financial Crimes Enforcement Network (FinCEN) published new guidelines showing how anti-money laundering (AML) laws apply to Bitcoin and the rest of the cryptocurrency in general.
2019-5-12 22:00 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Self-proclaimed Satoshi Nakamoto, Craig Wright’s legal troubles have not ceased. The nChain Chief Scientist’s court battle against the estate of former partner, Dave Kleiman, legislated by a district court in Florida, saw new developments.
2019-5-8 12:00 | |
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| Analogue Notcoin - TapSwap |
Whether they’re bona-fide on-chain investment funds or otherwise, DAOs token allocations and treasuries approximate crypto market sentiment and can act as a valuable signal for traders of all levels.
In a recent Gitcoin forum post, Kevin Owocki, co-founder of Gitcoin, outlined his intentions for the platform following significant changes within the company. Owocki announced his departure from Supermodular, now Buildbox, with plans to refocus his efforts on Gitcoin and its Decentralized Autonomous Organization (DAO).
The tiers of membership offer various levels of access to the group's private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club.
A decentralized autonomous organization could help solve concerns over issues including ChatGPT’s political biases and its potential for abuse.
The Republic of the Marshall Islands (RMI) announced on December 22 that it had enacted the Decentralized Autonomous Organizations Act of 2022. The post Marshall Islands passes law recognizing DAOs as legal entities appeared first on CryptoSlate.
A Tornado Cash developer identified as “Gozzy” has initiated a proposal to receive $240,000 in remuneration to continue development activities on the sanctioned mixing protocol. The post Tornado Cash developer seeks $240K salary to resurrect protocol appeared first on CryptoSlate.
DAOs: Market cycles expose crypto dead-ends. DAOs don’t have to be one of them. The post DAOs Need to Shake Off Their Rep as “Subreddits With Bank Accounts” appeared first on BeInCrypto.