Crypto and Laws
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An Iranian commander calls for crypto use to evade sanctions – reportSaeed Muhammad, commander of Khatam-al Anbiya Construction, an engineering firm controlled by the Iranian Revolutionary Guard Corps, a branch of...
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European money transfer firm Azimo now uses XRP to settle select remittancesRipple has announced a new partnership with European money transfer firm Azimo. Azimo will utilize Ripple’s On-Demand Liquidity (ODL)...
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Everyone should have 1% of their assets in bitcoin, says Virgin Galactic chairmanChamath Palihapitiya, chairman of spaceflight company Virgin Galactic and founder of venture firm Social Capital, has said that everyone should...
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Crypto consolidation is underway, and one corner of the market is especially in playQuick Take A wave of consolidation is sweeping finance, and similar trends are playing out in crypto In crypto, there are far too many...
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Square sold over half a billion dollars worth of bitcoin in 2019, outpacing broader crypto exchange volume growth in Q4Payment and mobile financial service company Square reported 4Q earnings this evening, which included another record-breaking quarter of bitcoin...
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Australia: High Court Rules that Aboriginal People Cannot be Deported(Feb. 26, 2020) On February 11, 2020, the High Court of Australia (Australia’s highest court) handed down a decision in the case of ...
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Ethereum community members submit dissenting ProgPoW petitionMembers of the Ethereum community published a petition on Wednesday indicating a level of stakeholder dissent against the activation of ProgPoW, a...
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Brazil: City of São Paulo Enacts Law Punishing Discrimination Based on Sexual Orientation and Gender Identity(Feb. 26, 2020) On January 24, 2020, the mayor of the city of São Paulo enacted Law No. 17,301 ( Lei No. 17.301 de 24 de Janeiro de 2020 ),...
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CME looks to expand its market maker incentive program for bitcoin futuresQuick Take CME Group is looking to expand the window for its market maker program The firm has clocked in a number of records since the...
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France: European Court of Human Rights Finds France in Violation of European Human Rights Convention Due to Overcrowded Prisons(Feb. 26, 2020) On January 30, 2020, the European Court of Human Rights (E.C.H.R.) found that France was in violation of the European...
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Uncorrelated is Uncorrelated: data continues to suggest bitcoin clearly not a haven assetQuick Take Amidst coronavirus-driven sell-off, Bitcoin clearly not acting as a safe haven The bond market and the possibility of global...
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Why 2020 is an important year for cryptocurrency exchange regulationCryptocurrency exchanges represent one of the most diverse service offerings within the crypto industry. You only have to stack a handful...
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Finland’s customs agency has $15M in seized bitcoinFinland's customs agency, Tulli, has 1,666 bitcoins (currently worth over $15 million) in its possession. The agency seized the bitcoins years...
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Watch out unlicensed crypto businesses, the Department of Homeland Security is coming for youThe crypto industry was given a warning in July of last year when U.S. President Donald Trump professed his disdain for Bitcoin and cryptocurrency...
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Argentina: Law on Protection of Women Amended to Include Provisions on Political Violence(Feb. 26, 2020) On November 20, 2019, the Congress of Argentina adopted Law 27533 , which amended several provisions of Law 26485 of 2009 on...
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Why is MoneyGram recognizing Ripple’s payments as a contra expense?Quick Take MoneyGram changes the accounting method for recognizing the fees paid by Ripple for its usage of RippleNet Instead of recognizing...
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Coinbase Wallet now allows users to send crypto using ‘.eth’ addressesCoinbase Wallet has added two new functionalities to its app that allow users to send crypto using short human-friendly addresses instead of...
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Canada’s central bank issues contingency plan for retail digital currencyThe Bank of Canada has issued a contingency plan to prepare for scenarios that could warrant the launch of its own digital currency. While the...
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Two Crypto Altcoins Are Up 111% and 95% This Year As Bitcoin, Ethereum and XRP Breakdown ContinuesWith Bitcoin, XRP, Ethereum and nearly the entire cryptocurrency market in the red, two mid-cap altcoins are bucking the trend. Analyst Crypto...
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Bitcoin Pumpers Forced to Admit It’s Not Digital Gold – Peter SchiffPeter Schiff – economist, stock-broker, and gold promoter – argued that Bitcoin did not pass the test for a global reserve currency...
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Crypto Crash Accelerates as Coronavirus Fake News SpreadsThere has been no direct connection between the Coronavirus outbreak and crypto market correction but the signs are there. The crypto crash is...
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Court Rejects Ripple’s Appeal for Dismissal of Lawsuit, XRP Stays in Securities CrosshairsIn the hearing of the appeal for dismissal of the lawsuit against Ripple, the District Judge in California has ruled in favor of the...
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Ethereum Price Analysis: ETH Drops Beneath $250 As Outlook Turns BearishEthereum dropped by a steep 8.22% over the past 24 hours as the cryptocurrency drops into the $220 region. This latest price decline puts...
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Everyone should have 1% of their assets in bitcoin, says Virgin Galactic chairmanChamath Palihapitiya, chairman of spaceflight company Virgin Galactic and founder of venture firm Social Capital, has said that everyone should...
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Sorry Bears, Bitcoin Daily Chart Suggests a Strong Bounce Is More LikelyBitcoin started a major downside correction from the $10,521 yearly high against the US Dollar. BTC price declined below $9,000, but it is still in...
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Bitcoin Bulls Weaken as it Hits a 30-day Low; What’s More in the Trunk?Bitcoin (BTC) plummets to $9,000 and even below the incredible support at $8,700 over the past 24 hours. As the king of crypto nosedives below the...
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Invest 1% In Bitcoin As Warren Buffett Is Wrong, Says Virgin Galactic Chairman Chamath PalihapitiyaVirgin Galactic chairman and founder of investment company Social Capital, Chamath Palihapitiya, opposed Warren Buffett’s negative views on...
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Bitcoin Price Plunge Stopped Right at 200 EMA, And It Means Recovery is ImminentThe bitcoin price plunged by around eight percent overnight against the USD in one of the strongest long squeezes in recent months. The pullback...
