2022-10-19 17:32 |
Legal jurisdictional issues relating to cryptocurrencies and digital assets have necessitated a law reform project sponsored by the Ministry of Justice. origin »
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The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020.
2020-11-14 16:47 | |
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The new law aims to regulate all the transactions made with digital tokens and virtual currencies in the country
2020-5-22 22:45 | |
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Harsh new rules for using and issuing digital assets without a license might soon become law in Russia.
2020-5-21 18:58 | |
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A key lawmaker in the California Assembly has proposed exempting some digital assets from the state’s definition of corporate securities.
2020-5-8 09:04 | |
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Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
2020-5-3 13:00 | |
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On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens.
2020-4-9 05:05 | |
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Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.
2020-3-27 20:30 | |
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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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In an announcement dated February 17, 2020, the Central Bank of Russia (CBR) stated that it had successfully completed a blockchain tokenization pilot using a platform developed by Nornickel within its regulatory sandbox.
2020-2-17 20:00 | |
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Smartlands, the next-generation blockchain-based global investment, and digital banking ecosystem, announced today it will be expanding its legal framework in order to create a broader set of options for high-net-worth (HNW) individuals.
2020-2-13 18:11 | |
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China, with its central bank digital currency, dubbed, 'DCEP' is advancing its development toward replacing coins, banknotes, and other money equivalents. China had recently implemented a law on JanuThe post Could China's DCEP 'jeopardize' US standing on world stage? appeared first on AMBCrypto.
2020-2-10 11:00 | |
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In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.
2020-2-6 06:00 | |
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Canada's top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users' digital assets.
2020-1-18 22:18 | |
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A former client is suing international law firm Faegre Baker Daniels for legal malpractice. Digital Capital Management claims the company gave it questionable advice relating to the setting up of a cryptocurrency investment fund.
2020-1-4 17:44 | |
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Faegre Baker Daniels, a Chicago-based law partnership, is being accused of legal negligence and “erroneous advice” by Digital Capital Management LLC, formerlly known as Crypto Asset Fund LLC.
2020-1-4 20:00 | |
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Illinois-based Faegre Baker Daniels LLP is being sued for legal malpractice by Digital Capital Management that accused the law firm of providing “erroneous” legal services relating to the launch and operation of a fund dealing in crypto assets.
2020-1-3 18:31 | |
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China adopts crypto law two months after official approval as digital currency plans continue to evolve
2020-1-2 18:30 | |
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Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified.
2019-12-17 21:20 | |
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Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year.
2019-12-13 02:30 | |
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Coinspeaker Former CFTC Head Joins Law Company to Push for Digital DollarFormer CFTC Chairman Christopher Giancarlo, known as “Crypto Dad”, is set to join Willkie Farr & Gallagher as its senior counsel and to lobby for blockchain-based digital dollar concept.
2019-12-3 11:23 | |
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Former CFTC chairman joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar
2019-12-3 02:18 | |
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Christopher Giancarlo has joined law firm Willkie Farr & Gallagher as its new senior counsel, where the former CFTC chief intends to continue advocating for a digital dollar and other policies.
2019-12-3 00:01 | |
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Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market.
2019-11-30 16:30 | |
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Last year, the state of Wyoming assembled its Blockchain Task Force, whose goal was to pass legislation to help make the jurisdiction an attractive choice for industry startups. Dubbed the “Delaware of digital asset law,” a reference to Delaware’s lead in corporate law, Wyoming now has 13 laws in the books and 8 more proposed.
2019-11-21 00:15 | |
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Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to Fidelity Digital Asset Services, LLC (FDAS), to operate as a limited liability trust company as part of the state’s rapidly growing virtual currency marketplace.
2019-11-20 19:56 | |
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Heath Tarbert, the head of the United States Commodity and Futures Trading Commission (CFTC), says the country ought to be leading the global crypto market. Per a report by Law 360, Chairman Tarbert also says the country’s financial watchdogs and the U.
2019-11-14 22:00 | |
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In this week’s Hodler’s Digest, a lottery winner’s big gamble on Bitcoin, Russia’s ambitious new law to confiscate BTC, and Hong Kong explores a central bank digital currency
2019-11-11 01:17 | |
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The Russian government is considering enforcing a law to curtail the use of digital assets for criminal activities, local financial news outlet RBC reported on November 7. The Ministry of Internal Affairs of Russia, along with other relevant authorities, plan to roll out a legal mechanism that would allow seizure of virtual assets for confiscation […]
2019-11-8 00:46 | |
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An EU draft law considers issuing a digital currency and banning high-risk crypto projects in the union
2019-11-6 19:52 | |
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Chinese President's recent announcement regarding accelerating the use of blockchain technology followed by the passing of crypto law and the impending launch of the central bank-issued digital currency fits perfectly with China's plan of world domination.
2019-11-3 22:00 | |
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The cryptocurrency law that has been passed by China’s congress has left the crypto community divided. While some have applauded the government’s effort to adopt blockchain technology, others argued that it wasn’t a road towards modernization, but towards more control and dictatorship.
2019-10-31 08:45 | |
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Last week, Chinese President Xi Jinping praised blockchain while the congress passed a new cryptography law in a bid to develop a state-backed digital currency. Crypto enthusiasts expect that China’s revival will convert into a big hope for Libra amid general FOMO.
2019-10-30 14:00 | |
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Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for the traditional legal and financial systems.
2019-10-21 21:48 | |
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Decred, a progressive cryptocurrency focused on governance, seems to have a natural connection to Bitcoin, as everything from its coin supply to price has followed Bitcoin’s ups and downs since 2014.
2019-10-17 22:17 | |
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Law enforcement authorities can shut down bitcoin anytime, according to Bloomberg Digital’s executive editor Joe Weisenthal. The media talent warned institutions against creating bitcoin-based investment products, stating that they could become a tool to take capital from fiat markets.
2019-10-17 17:00 | |
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The UK has scrapped a controversial plan to require age verification for accessing porn online, after repeated delays. Digital Secretary Nicky Morgan said the measure — which was initially scheduled to go into effect in March 2018 — “will not be commencing.
2019-10-17 09:17 | |
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Министерство по налогам США опубликовало рекомендации относительно того, как уплачивать налоги при предпринимательской деятельности, имеющей отношение к криптовалютам. Получилась «каша», о чем заявил юрист по судебным тяжбам, связанным с криптовалютами, в Вашингтоне, Джейк Червински.
2019-10-10 15:10 | |
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Last month, the U. K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations.
2019-10-4 22:45 | |
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Ripple has maintained an arm’s length distance from XRP’s performance in the cryptocurrency market, but it is covering ground in terms of XRP adoption. XRP recently received native support on Coil via Bitpay, a development which would enable massive adoption of the third-largest crypto not only for people trading in crypto, but thousands of businesses […] The post Ripple’s Asheesh Birla claims Securities Law is a good thing for digital assets appeared first on AMBCrypto.
2019-10-3 17:30 | |
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Russia has reportedly just enacted a new “digital rights act” that defines smart contracts and cryptocurrency tokens. Russian news outlet Regnum reported the act came into force yesterday. The new laws were first announced earlier this year and outlined how smart contracts and digital tokens would be thought of, legally speaking.
2019-10-2 18:00 | |
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On the 19th of September 2019, the US House of Representatives passed the “Advancing Innovation to Assist Law Enforcement Act.” The on-the-nose bill has mandated the Director of the Financial Crimes Enforcement Network (FinCEN) to push studies within sectors of emerging technology, like blockchains, AI, Digital identity technologies. This is to determine the possible uses […]
2019-9-25 17:45 | |
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Recently, news of selling cryptocurrencies for cash in the Philippines gathered a lot of attention after Abra, an investment service provider, announced the sale of digital assets across all 7-Eleven stores in the country.
2019-9-24 12:00 | |
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The second-largest stock exchange of Germany, Exchange Boerse Stuttgart, has recently opened up a new branch to trade digital assets, the Boerse Stuttgart Digital Exchange (BSDEX). This new platform, which will be fully regulated by the local law, will start the trading of virtual assets, starting with a single trading pair: BTC/EUR. Initially, the launch […]
2019-9-24 01:22 | |
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What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right.
2019-9-4 22:30 | |
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The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire.
2019-8-21 14:00 | |
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Американская биржа криптовалют Coinbase в минувший понедельник раскрыла названия активов, которые могут быть добавлены на её платформу следующими. Coinbase is exploring the addition of 8 new digital assets.
2019-8-6 10:13 | |
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Крупнейшая американская криптовалютная компания Coinbase рассматривает листинг новых цифровых активов на своей биржевой площадке. Coinbase is exploring the addition of 8 new digital assets. It’s our goal to offer support for all assets that meet our standards and are compliant with local law.
2019-8-6 09:35 | |
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Команда популярной биржи цифровых активов изучает возможность добавления в листинг площадки 8 криптовалют. Соответствующая информация появилась в блоге проекта. Coinbase is exploring the addition of 8 new digital assets.
2019-8-6 08:31 | |
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What may come as a shock to the rising Iran’s population that participates in digital coin mining activities, the Iranian government announced a law aimed at regulating cryptocurrencies within its jurisdiction.
2019-8-6 20:30 | |
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