Crypto and Laws
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Iran government legalizes Bitcoin and crypto miningCryptocurrency mining farms have been booming in Iran due to its low electricity costs. According to a research conducted by Elite Fixtures , it...
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Crypto exchange exec says Bitcoin ban in India not final yet, is there any hope?This week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on...
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Israel: Knesset Passes Amendment Law Recognizing Role of National Cyber Directorate in Protecting Cyberspace(July 22, 2019) On December 27, 2018, the Knesset (Israel’s parliament) passed an Amendment Law that gives a statutory basis to the...
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Congressman Brad Sherman calls for a complete ban on cryptocurrency, says Bitcoin only facilitates “nefarious transactions”Congressman Brad Sherman, a vocal critic of the crypto industry, again called for a complete ban on cryptocurrencies. Sherman said Bitcoin had...
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Chinese court upholds legality of Bitcoin ownership, BTC protected by China’s property lawsA court in Hangzhou, China, upheld Bitcoin’s status as “virtual property.” The ruling reaffirms that Bitcoin is legal to own in China and...
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Malaysia: Bill Reducing Voting Age to 18 Passed(July 18, 2019) On July 16, 2019, the Dewan Rakyat, the lower house of the Parliament of Malaysia, passed the Constitution (Amendment) Bill...
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As the U.S. Senate learned about Facebook’s Libra, it realized that Bitcoin cannot be killedBitcoin has been in the spotlight lately after a tweet from U.S. President Donald Trump where he expressed his views on cryptocurrencies,...
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Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislationFacebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed...
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Italy: New Urban Regulations for the City of Rome(July 17, 2019) On June 20, 2019, the City of Rome enacted new urban police regulations concerning hygiene, decorum, safety, and law enforcement,...
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Sweden: Supreme Court Defines Negligent Rape(July 17, 2019) On July 11, 2019, Sweden’s Supreme Court issued its first judgment in relation to the country’s amended rape...
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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to BitcoinThe focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the...
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“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutionsA recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching...
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Saudi Arabia: Parliament Approves New Type of Residency Permit to Promote Foreign Investments(July 16, 2019) On May 15, 2019, Saudi Arabia’s Consultative Council approved a law establishing a new residency system to enable investors...
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US regulation against Bitcoin could be the catalyst for the next upswingIn a recent briefing held by the U.S. Secretary of the Treasury Steven Mnuchin, the U.S. government revealed its stance on...
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US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculationFollowing President Trump’s derisive tweet about Bitcoin , U.S. Secretary of the Treasury Steven Mnuchin held a briefing on regulating...
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New Zealand: Firearms Buyback Program Commences(July 15, 2019) On June 20, 2019, the Arms (Prohibited Firearms, Magazines and Parts) Amendment Regulations 2019 came into effect in New...
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Donald Trump: If Facebook wants to become a bank, they must be subjected to all banking regulationsU.S. President Donald Trump expressed his views on cryptocurrencies, saying that not only was he “not a fan” of Bitcoin , he also...
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European Union: European Court of Justice Rules on German Highway Toll for Passenger Vehicles(July 11, 2019) On June 18, 2019, the European Court of Justice (ECJ) held that the German highway toll for passenger vehicles is incompatible...
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Bullish For Bitcoin? Trump Turns Up Pressure on Federal Reserve to Cut Interest RatesPresident Trump is continuing to pressure the Federal Reserve for dragging its feet on interest rate cuts. For some, such aggressive economic...
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Bitcoin Price Analysis: Can Technicals Push the Price Above $11,000?Bitcoin plunged from trading highs above $13,000 to test the support at $9,000. The struggle is expected at $10,800 before the bulls launch an...
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Ripple Rising, XRP Up 4% After Bank of America Mention and Bitso NewsRipple (XRP) adds 4.3 percent The Mexican exchange, Bitso, has a license from Gibraltar Financial Services Commission (GFSC) Bitso...
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Bitcoin, Litecoin and Ripple’s XRP Price Prediction and Analysis for July 23rd: BTC, LTC, and XRPBitcoin Price Analysis (BTC/USD) Over the last 24hrs, BTC/USD pair has been trading on a sideways market. On an hourly chart, the...
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Survey: Just Four Percent of US Public Favour Bitcoin or Other Crypto Assets as a 10+ Year InvestmentAccording to a survey produced by financial services firm BankRate, Bitcoin and crypto do not represent a popular choice of investment vehicle...
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Coinbase Crypto Milestone: Amasses 30M Users, 5M in Last 10 MonthsSan Francisco-based crypto exchange Coinbase , is among the clear leaders in the crypto industry, helping to shape and define the future of the...
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CertiK Foundation Launches Security-Focused BlockchainCertiK has launched its Certik Chain blockchain, which purports to offer advanced security features including DeepSEA-based smart contracts
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Cannabis Stock Destroyed by 81% Decline on Clinical Trial FailureIntec Pharma Ltd. is a tiny company in the space of pot stocks, doing clinical research involving cannabis. But one of their drugs failed a Stage...
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India is not Banning Cryptocurrency After all Despite Negative RBI StanceThere have been a lot of interesting cryptocurrency-related developments in India over the past few years. Primarily the confusion regarding...
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Circle Shifts Exchange Operations to New Bermuda OfficeAs the U.S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its...
