Cryptocurrency Analysis and News Portal
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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A lawsuit claiming Ripple violated securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm.In a ruling Wednesday, U.S. District Judge Phyllis Hamilton, of the Northern District of California, allowed a putative class-action lawsuit by retail XRP buyers to proceed.
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Singapore's Court of Appeals has ruled against digital currency exchange Quoine on Monday in a landmark case relating to a breach of contract that saw the platform unlawfully reverse seven trades.The Straits Times reports that the case marks the first of its kind in the country’s history regarding a dispute
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Finance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information.Following a summit in the Saudi-Arabian capital Riyadh over the weekend, representatives from G20 financial institutions pressed countries that have not done so already to align themselves with
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Twitch has once again wrongly banned someone who was following the rules. Forkgirl claims she was banned despite never showing her chest before it’s covered up. If this is all true, then Twitch are still determined to be the messiest platform available online. Twitch is clearly determined to self-destruct at this point. They
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Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with
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Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.The New York Times reported the Trump administration “has expressed growing concern” that this technology is being used to “evade American sanctions on countries like Iran.”Earlier this week, the Parliament of Iran Research Center published
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The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) is preparing to unveil new regulations around cryptocurrencies, Treasury Secretary Steven Mnuchin said Wednesday.Speaking during a hearing before the Senate Finance Committee, Mnuchin said FinCEN, the nation's financial crimes watchdog, is preparing to roll out some "significant new requirements" around cryptocurrencies,
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Sharing is caring!Early Blockchain and Crypto project Cashaa, has launched a new “Crypto Business/Broker” account to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and the EU Fifth Money Laundering Directive (5AMLD). “We have put our experience of dealing with hundreds of crypto
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Japan’s top financial regulator, the Financial Services Agency (FSA), has explained to news.Bitcoin.com its recently adopted rules regarding the creation and sale
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