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New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16.Per the announcement, the court order will allow Bitfinex and affiliated stablecoin operator Tether to continue their normal

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Chinese Internet Court Employs AI and Blockchain to Render Judgement

In China, blockchain technology is increasingly employed to settle court cases, local news outlet Global Times reported on April 25.Speaking at the 2019 Forum on China Intellectual Property Protection, Zhang Wen, president of the Beijing Internet Court — which was established in September 2018, and has since processed 14,904

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Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling

Indian cryptocurrency exchange Unocoin has fired half its staff, leaving the company with 14 workers, Indian daily news outlet The Economic Times reported on April 16.Citing regulatory uncertainty in the industry, Unocoin said it had made the decision prior to a Supreme Court hearing on cryptocurrency’s legal status in

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