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Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market.In prepared remarks released Monday for the Penn Law Capital Markets Association Annual Conference, Gensler said he had requested SEC staff
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Crypto scams are increasingly prevalent as the surge in DeFi and NFT projects increases. From Discord server bots to imitation NFT projects on OpenSea, new ways of stealing cryptocurrencies through deceit continue to crop up. Most in the space are familiar with a typical rug pull scenario in which many
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Transcript Welcome to The Daily Forkast, August 19th, 2021. I’m Angie Lau. Editor-in-Chief of Forkast.News. Coming up, Hong Kong based Sonic Capital launches a green investment initiative. In China, a Shanghai court rules that bitcoin is a legally protected virtual property;and Australia and Singapore team up on a cross-border trade blockchain trial. Let’s get
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Justin Wales is a lawyer and the co-chair of Carlton Fields’ national blockchain and virtual currency practice. He is an author of “State Regulations on Virtual Currency and Blockchain Technologies.” This article is adapted from the paper here. Regulators tend to view virtual currencies monolithically, treating cryptocurrencies like bitcoin no differently
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As a virtual commodity, Bitcoin (BTC) cannot be protected by the Chinese law, a court in Fujian province reportedly ruled on May 13.Fujian court dismisses a Bitcoin-related lawsuitAccording to Fujian Rule of Law News, the court was considering a dispute involving an investment to a “Bitcoin-themed club”. The plaintiff, named
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A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized
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Fresh Blockchain News, Opinion and Jobs featuring Blockchain-Charged Browser Brave Explodes into the Internet Browser Race – Get Paid to Surf the Internet, Privacy Protected written by Richard Kastelein #blockchain, #blockchainnews Get paid to surf online? The Brave browser now has almost five million regulars and 15 million have signed up
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All Bitcoin deposited at the Bakkt Warehouse is protected by a $125 million insurance policy, the company announced Sept. 9. Bakkt started accepting deposits and withdrawals Sept. 6, ahead of the proposed launch of its futures products on Sept. 23.Everything running smoothly, and now with added protectionIt took Bakkt
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There is a concept that exists in the crypto space that effectively states: Bitcoin (BTC) is code, code is speech and speech is protected under United States law. We asked legal experts in digital rights, the First Amendment and crypto to comment on the statement. The claims are based on
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