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Public Statement Aims to Define Legal Status of Crypto Assets in the UK

The United Kingdom Jurisdiction Taskforce of the Lawtech Delivery Panel published a statement concerning the status of cryptocurrencies, distributed ledger technology (DLT) and smart contracts under English and Welsh private law.U.K. entrepreneur network Tech Nation announced the paper’s publication on Nov. 18. The document attempts to address the legal

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Bitcoin Safe Haven Asset Status Assured Amid Changing Investment Demographic

Cryptocurrency trader Murad Mahmudov says bitcoin will be the biggest winner amid the changing tide developing in the investment scene. Mahmudov’s tweet is the latest in a growing trend of endorsements for the top-ranked cryptocurrency as a haven asset. Meanwhile, the monetary policies of governments and central banks across the

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Media Misreports BTC Futures Status, Option ‘Coming Soon’

Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. However, the Commodities Futures Trading Commission (CFTC) soon refuted that information by stating that the exchange

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Winklevoss Twins Fortune Doubles in 2019 Reclaiming ‘Bitcoin Billionaire’ Status

Tyler and Cameron Winklevoss, bitcoin (BTC) bulls and founders of the Gemini crypto exchange, have seen their fortune more than double to hit a combined $1.45 billion following the fresh crypto market surge. Bloomberg reported the news on June 27.As early investors in bitcoin, the twins' wealth now stands

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UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.In the document, the United Kingdom Jurisdiction Taskforce (UKJT) stated that the existing legal uncertainty around the crypto industry is a

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Ripple (XRP) Unbridled Rally (or Dump) Will be After Status Clarification

Ripple prices flat-line below 34 centsJake Chervinsky, a crypto lawyer, believes ongoing civil suit against Ripple will settle next yearVolumes low, averaging 15 million.Eventual clarification of XRP’s status will either cause a rally or a meltdown as owners liquidate their holdings escaping SEC’s incoming oversight. At the moment, prices are

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