Cryptocurrency Analysis and News Portal
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a
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Amid an ongoing global health and financial crisis, Coinbase, one of the most popular cryptocurrency trading platforms in the United States, is losing another key executive.Brian Brooks, Coinbase’s chief legal officer will resign from the company to join the Office of the Comptroller of the Currency (OCC), an independent
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A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc.During the Feb. 26 hearing, the court asserted that transactions
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A French commercial court has acknowledged Bitcoin as a currency, following a legal dispute between a local crypto exchange platform, Paymium, and investment firm, BitSpread. With the court ruling, Bitcoin can now be seen as legal money in France. Bitcoin’s Legal Status Same as Fiat Currency According to a report by the
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Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto
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In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country.Speaking to CryptoX, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction:“As informed by the
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A successful tokenization trial could lead to big changes in Russia’s proposed cryptocurrency legislation.The Central Bank of Russia (CBR) announced on Feb. 17 the completion of a blockchain tokenization pilot using a platform developed by Nornickel within its regulatory sandbox. The bank subsequently proposed to amend Russia’s digital assets law
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Kik Interactive Inc. requested the formal definition of a trial date for its lawsuit with the United States Securities and Exchange Commission (SEC), as revealed by a Jan. 9 court document. The company was charged by the SEC in June 2019 for conducting an unregistered security issuance with its
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Kik is hoping to go to trial against U.S. Securities and Exchange Commission (SEC) allegations that the company conducted an unregistered securities offering with its 2017 kin token sale.The SEC filed a status update on the legal battle Thursday, providing a tentative schedule for the proceedings and detailing the parties'
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The European Securities and Markets Authority (ESMA) plans to push for more regulation around cryptocurrencies and related products as part of their 2020 focus.ESMA published its 2020-2022 priorities list Thursday, noting that EU capital markets are facing new risks from digitalization. The organization wants market participants to acknowledge and prepare
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