Binance.US Hires Ex-Uber Compliance Lead Krishna Juvvadi as Head of Legal
Binance.US has hired Krishna Juvvadi, former global head of operations compliance at Uber, as its new head of legal. Source
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Legal
Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May according to their LinkedIns. Source
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Crypto users react to Terraform Labs legal team purportedly leaving company
Many on social media called for legal action against Do
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Ripple (XRP) Price Picks Up As SEC Legal Showdown Drags On
Ripple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate Finance director. Suggested Reading | Crypto Analyst Predicts 1 Altcoin Will Fall Down Hard – Is It Cardano? Ether are not securities,
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Binance takes legal action against fake billboard ads in Turkey
Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings.Turkey is home to a large number of crypto investors that account for over 7% of the total traffic to Binance's
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No Legal Tender, but Digital Assets Exempt From Capital Gains Tax
Panamanian Congressman Gabriel Silva – the sponsor of a bill passed on Thursday regulating the use of cryptocurrencies in the country – said the bill doesn't allow for any crypto to become legal tender, but makes possible free use of crypto as a means of payment for any transaction. Source
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US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director
Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar.In written testimony for a Thursday hearing of the House Financial Services Committee on digital wallets, Choudhary said the United States needed “a
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Are Crypto ‘Legal Tender’ Laws Even Necessary?
Are Crypto ‘Legal Tender’ Laws Even Necessary? Original Source
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Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador – Bitcoin News
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4
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Why Banks and Payment Processors Shun Perfectly Legal Businesses
Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity. Original Source
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