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New Zealand Tax Authority Gives OK To Salaries Paid In Crypto
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. дальше »
2019-8-12 19:35 | |
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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea
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. дальше »
2019-8-12 14:02 | |
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Bitcoin Investor Files Class Action Lawsuit Worth $22.5M Against Israeli Bank
As per an all-new report released by a media outlet called BlockTV yesterday, an investor (whose identity is not known at this time) has issued a lawsuit against Israeli bank Hapoalim (worth approximately $22. дальше »
2019-8-10 18:22 | |
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OceanEx Unveils First IEO Project on OceanEx GO! - Jur (JUR)
Beijing, China - OceanEx, one of the fastest-growing and reputable cryptocurrency exchanges in the world is announcing that the first project on OceanEx GO! is Jur (JUR). Jur is a blockchain-based ecosystem providing revolutionary trust solutions in the legal and justice industry for any business-related circumstances. дальше »
2019-8-12 14:50 | |
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McCormack Vs Wright – You Can’t Harm An Already Bad Reputation
Yesterday saw the release of ‘What Bitcoin Did’ podcaster, Peter McCormack’s legal defence against Craig Wright. Wright sued McCormack for libel over tweets suggesting that he wasn’t really Bitcoin’s creator, Satoshi Nakamoto. дальше »
2019-8-10 13:00 | |
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Bluesound wants its wireless hi-fi equipment back — they’re gonna have to fight me for it
I’ve been trying to perfect my wireless music streaming set-up for years. That’s not an exaggeration, I’m talking literally years. And, friends, I thought I’d solved it. I thought I’d found the solution to my struggle, but something horrible — nay, bloodcurdling — happened: Bluesound wants the review units of its wireless hi-fi audio equipment back. дальше »
2019-8-8 18:27 | |
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Exit Scams, State-Sponsored Hacks and a Very Expensive Valentines Day
From alleged exit scams to state-sponsored hacking and $6. 1 million Valentines day gifts – it’s all happening in China right now. EtherDelta Busted Police in China have apparently begun investigating crypto trading platform EtherDelta over an exit scam. дальше »
2019-8-8 16:00 | |
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EtherDelta allegedly used in exit scam in China, authorities investigating
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. дальше »
2019-8-8 20:57 | |
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Chinese Court Says Bitcoin is Legal Property, Regulatory Hurdles Still Exist
Bitcoin has been declared legal property in China after a court ruling by the Hangzhou Internet Court. The declaration was made following an injunction on a legal dispute between crypto… The post Chinese Court Says Bitcoin is Legal Property, Regulatory Hurdles Still Exist appeared first on CoinCentral. дальше »
2019-8-8 16:35 | |
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Is EtherDelta A Scam? Chinese Police Are Interested In Trading Platform’s Activity
Chinese police are investigating the activities of the decentralized exchange EtherDelta. This was reported by the managing partner of Primitive, Dovey Wan: “EtherDelta is involved in a major scam in China, police officially take legal action against it,” said Dovey. дальше »
2019-8-7 13:03 | |
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По стопам SEC: китайская полиция занялась децентрализованной биржей EtherDelta
Китайская полиция, по некоторым данным, расследует деятельность децентрализованной биржи EtherDelta. В частности, об этом сообщила управляющий партнер фирмы Primitive Дави Ван: JUSTIN and 🤦🏻♀️🤦🏻♀️🤦🏻♀️ EtherDelta is involved in a major scam in China, police officially take legal action against it The actual beneficiaries of EtherDelta are all Chinese after ownership transition in 2017 Highly recommend […] дальше »
2019-8-7 10:27 | |
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Kik Claims ‘SEC Has Been Twisting Facts’ in Their Ongoing Legal Battle
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. дальше »
2019-8-7 10:13 | |
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More Details Emerge Regarding Iran's Legalization Of Crypto Mining
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. дальше »
2019-8-6 19:07 | |
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Elliptic Releases Data On $6bn Of Bitcoin Transactions
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. дальше »
2019-8-4 18:21 | |
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People’s Bank of China (PBoC) Talks Plans to Fast-Track R&D Related to its Legal Digital Currency
On Friday, August 2, 2019, the People’s Bank of China (PBoC) supposedly held a video conference in which things that needed to be achieved in the second half of the year were elaborated upon. According to The Block, China’s central bank reported its plans to accelerate its goals with regard to a country-wide digital currency […] дальше »
2019-8-3 17:24 | |
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China’s central bank fast-tracks R&D of its legal digital currency
The People’s Bank of China noted that they are going to track the development trend of virtual currencies of China and foreign in order to strengthen Internet financial risk remediation. After mulling over its centrally owned digital currency, China accelerated its research and development, according to the statement released by the People’s Bank of China […] The post China’s central bank fast-tracks R&D of its legal digital currency appeared first on AMBCrypto. дальше »
2019-8-3 11:42 | |
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Quadriga CX Legal Charges Stand at $1.6 Million
Law firms lead by EY are now demanding $1.6 million from Quadriga CX. The Canadian cryptocurrency exchange, now bankrupt, lost more than $190 million in January дальше »
2019-8-2 21:57 | |
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Gibraltar DLT Regulator Finally Licenses Cryptocurrency Derivatives Exchange Quedex
After undergoing a 15-month long and rigorous process under the legal guidance of PRT Lawyers and the Gibraltar authorities, Quedex has finally been granted a license to operate. The Gibraltar-based crypto-oriented futures and options exchange is now the first of this kind to earn the Distributed Ledger Technology (DLT) Providers license across the world. It […] дальше »
2019-8-1 17:42 | |
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QuadrigaCX’s auditor EY and its lawyers will get $1.6M while victims are kept waiting
A judge in Canada has approved over $1. 6 million in fees for businesses seeking to recover funds lost as a result of QuadrigaCX’s demise. In a legal notice published yesterday, Nova Scotia Supreme Court Judge Darlene Jamieson said: “There being no expressed opposition to the activities and accounts as presented by the monitor nor to the fees of its legal counsel, I approve the fees and activities of the monitor during the CCAA proceedings and the fees presented towards legal counsel. дальше »
2019-8-1 14:12 | |
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QuadrigaCX Hit With $1.6 Million Legal And Advisory Bill
A Canadian judge has approved a $1.6 million bill made up of fees owed to the various legal teams and advisory services that have been working with QuadrigaCX during its long and strange journey to bankruptcy. дальше »
2019-8-1 23:40 | |
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Bitcoin Cash Clash: Craig Wright Whiffs in Suit Against Ex-Pal Roger Ver
Craig Wright’s legal campaign continues to experience turbulence, with a UK court dealing a devastating blow to the self-declared Bitcoin creator’s quest to use the strong arm of the law to unsully his less-than-stellar-reputation. дальше »
2019-8-1 23:02 | |
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Tether Arrives on Blockstream’s Liquid Sidechain Despite Controversies
According to an official statement released by Blockstream on July 29, Tether (USDT) will be now issued on Bitcoin’s sidechain Liquid Network under the name Liquid USDt, which is already available to be deposited or withdrawn on the Bitfinex exchange. дальше »
2019-7-30 15:00 | |
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Bitfinex announces support for Tron-based USDt deposits, withdrawals
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. дальше »
2019-7-30 15:00 | |
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Bitfinex, New York Attorney General’s legal battle set to go on after fresh extension
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. дальше »
2019-7-30 13:35 | |
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Judge Postpones Decision on NYAG Case Against Bitfinex and Tether
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. дальше »
2019-7-29 21:36 | |
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D-Day in Bitfinex Trial — Will Bitcoin Price React?
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). дальше »
2019-7-29 17:00 | |
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Iran’s Government Officially Legitimizes Cryptocurrency Mining
Cryptocurrency mining in Iran is now legal, Mehr News Agency reports. This follows a Sunday decision by the country’s cabinet to authorize the mining of cryptocurrencies. Now classified as an industrial activity, cryptocurrency miners will be required to acquire licenses from Iran’s Ministry of Industry, Mines and Trade. дальше »
2019-7-29 09:52 | |
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Billionaire to Launch First Ever Cannabis-Pegged Stablecoin
Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis. Swissx Bank of Cannabis Issues SWX Stablecoin As a press release confirmed July 25, the so-called Swissx Bank of Cannabis (SBC), headquartered in the Swiss city of Gstaad, aims to provide the legal cannabis industry with a secondary market. дальше »
2019-7-26 13:00 | |
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SEC Lets Crypto Play, Clears Gaming Company to Sell Tokens
Pocketful of Quarters (PoQ) can breathe a sigh of relief today. The SEC announced that it will not take action against the gaming rewards company. This is only the second time the SEC has issued a “no-action” notice to a token seller. дальше »
2019-7-27 06:00 | |
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Consensys Inner Conflicts Spark Legal Action Against Founder
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. дальше »
2019-7-25 17:00 | |
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Peru Targets Crypto Regulation with Aim of Thwarting Money Laundering
Peru’s race to evolve its legal system and adapt to the challenges of a “crypto society” has only just begun. In an interview granted to JusticiaTV, the official channel of the Peruvian judicial system, the Superior Judge of that country, Bonifacio Meneses Gonzales, asked Congress to regulate crypto to combat money laundering. дальше »
2019-7-25 20:45 | |
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European police trial sending young hackers to remedial classes instead of jail
European authorities are mulling over the idea of giving a second chance to young hackers instead of sending them straight to the clink – but only if they haven’t previously engaged in cybercrime. дальше »
2019-7-24 13:48 | |
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Bitfinex fights back against NYAG, says it never served New York customers
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. дальше »
2019-7-24 12:56 | |
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Rumors: Justin San canceled dinner with Buffett due to legal travel restrictions in China
Justin Sun, founder and CEO of the Tron Foundation, could not take part in the dinner with Warren Buffett and canceled it. The official version is that Sun suffers kidney stone disease, but Chinese media report that he is under an order not to leave China. дальше »
2019-7-26 12:50 | |
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Federal judge refuses to dismiss $224M lawsuit against AT&T for SIM-swap bungle
A US federal judge has rejected AT&T‘s request to dismiss a $224 million lawsuit over a devastating SIM-swapping incident that led to $24 million in stolen cryptocurrency. A press release confirms the communications giant will face court over allegations it violated the Federal Communications Act, a consumer contract, as well as several other laws, when hackers assumed the identity (and telephone account) of cryptocurrency investor Michael Terpin in 2017. дальше »
2019-7-23 13:05 | |
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Iran Legalizes Crypto Mining Within Days of a Chinese Plea for ‘Better Conditions’
Iran is legalizing crypto-mining, giving a boost to this activity which was already booming despite the unfavorable position of the authorities. According to the Iran Chamber of Commerce, Industries, Mines and Agriculture, the government decided to give the green light to this activity, promoting a series of legal reforms that put an end to a […] The post Iran Legalizes Crypto Mining Within Days of a Chinese Plea for ‘Better Conditions’ appeared first on CCN Markets дальше »
2019-7-23 12:32 | |
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Iran Officially Recognizes Crypto Mining Industry
Iran's Chamber of Commerce, Industries, Mines and Agriculture has officially recognized the cryptocurrency mining industry, meaning the country will now have to work to regulate the activity within its existing legal structure. дальше »
2019-7-23 23:46 | |
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Mexican bitcoin exchange Bitso gets Gibraltar DLT license
Mexican bitcoin exchange Bitso gets Gibraltar DLT license » CryptoNinjas Bitso, a Mexican based and Latin American bitcoin exchange, has announced that coming up on August 1, 2019, the custody, as well as the sending, withdrawal, and trading of cryptocurrencies, will be regulated by the Distributed Ledger Technology Regulatory Framework of the Gibraltar Financial Services Commission (GFSC). дальше »
2019-7-23 17:53 | |
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Indian Crypto Exchange Cryptokart Closes Doors On Its Operations Amid Country’s Legal Stance
The Indian cryptocurrency exchange Cryptokart has decided to shut its operations down. This is according to a recent LinkedIn post written by the founder of the platform Gaurang Poddar a few weeks ago. дальше »
2019-7-22 23:04 | |
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Court Declares Bitcoin Legal in China as a ‘Virtual Property’
China is not a bitcoin-friendly country as it has taken a slew of measures to kill the flagship cryptocurrency, which include imposing a blanket ban on all initial coin offerings (ICO) and shuttering crypto exchanges. дальше »
2019-7-20 13:48 | |
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