Crypto and Laws
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Wyoming Paves the Way in Blockchain Legislation–Issues New Bill for Tokenizing StocksWyoming continues to spearhead blockchain adoption with House Bill 0185. The bill, scheduled for July 1st if passed, permits corporations to issue...
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Malaysia: Ban on Smoking in All Eateries Comes into Effect(Jan. 17, 2019) On January 1, 2019, a ban on smoking at all restaurants and other eateries, including open-air hawker stalls, came into effect in...
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Denmark Gains Access to Sensitive User Data on Domestic Cryptocurrency Exchanges for TaxationThe battle between tax authorities and cryptocurrency users took a turn in favor of the tax collectors. This month, Denmark’s tax authority...
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Germany: Courts’ Obligation to Accommodate Disability at Oral Argument Must Be Balanced Against Other Principles(Jan. 16, 2019) In an order published on January 3, 2019, the German Federal Constitutional Court (Bundesverfassungsgericht, BVerfG) declined to...
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Bakkt Acquires Established Futures Brokerage to Strengthen Bitcoin OfferingComing Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount....
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Gemini’s Winklevoss Twins Believe Bitcoin’s Future Lies in RegulationBitcoin evangelists and Gemini founders Tyler and Cameron Winklevoss believe cryptocurrency has a “bright future,” given banking-style regulations...
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Italy: EU Regulation on the Abuse of Markets Implemented(Jan. 15, 2019) On September 29, 2018, new legislation implementing an EU regulation concerning the abuse of markets entered into force in Italy....
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Busting the Myth of Public Blockchains for BusinessIt’s time to talk about transaction finality. Last week’s 51% attack demonstrates that Ethereum is not ready for business A belief took hold...
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France Adopts Emergency Economic Measures in Response to “Yellow Vest” Protests(Jan. 14, 2019) On December 24, 2018, the French government adopted a law of “emergency economic and social measures” in response to...
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Florida Congressman Says Cryptocurrencies Should Not Be Regulated by the SECDigital assets, such as cryptocurrencies, should not be regulated by the SEC and should be left to the jurisdiction of the CFTC, according to...
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European Banking Authority Calls for New Unified Legislation Regarding Crypto AssetsThe European Banking Authority has published its assessment of laws regarding crypto assets and urged the European Commission to draw new pan-EU...
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Mexico: Convention on the Application of the Principles of the Right to Organize and Bargain Collectively Ratified(Jan. 11, 2019) On November 23, 2018, Mexico ratified an International Labor Organization (ILO) convention known as the Convention Concerning the...
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China: Criminal Procedure Law Amended to Allow Criminal Trials in Absentia in Corruption Cases(Jan. 10, 2019) On October 26, 2018, the Standing Committee of the National People’s Congress (NPC) of the People’s Republic of China...
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Sweden: Animal Protection Ordinance Takes Effect, Prohibiting Circus Animals(Jan. 9, 2019) On January 1, 2019, a new Animal Welfare Protection Ordinance took effect in Sweden. ( Djurskyddsförordning Svensk...
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France: National Medication Safety Agency to Consider Experimenting with Legalized Medical Cannabis(Jan. 8, 2019) The French agency in charge of evaluating the efficacy and safety of pharmaceutical products, L’Agence nationale de...
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European Union: European Court of Justice Rules on German Public Broadcasting Contribution(Jan. 7, 2019) On December 13, 2018, the European Court of Justice (ECJ) held that a “contribution” required to be paid by all German...
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Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial StabilityThe Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat...
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Japan: Supreme Court Decides Registered Owner of Car Responsible for Damages Caused by Actual Owner(Jan. 3, 2019) On December 17, 2018, the Supreme Court of Japan held the registered owner of a car liable for the personal injury caused by the...
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IBM and Santander announce five-year global agreement focusing on blockchain and big dataIBM and Spanish commercial bank Banco Santander have announced a five-year global technology agreement which focuses on blockchain and big data...
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‘Bank Coins Still Aren’t the Answer,’ Ripple’s CEO on JP Morgan’s CryptocurrencyOnly yesterday, the largest bank in the United States shocked the cryptocurrency and blockchain industry by announcing it was working on...
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Bloomberg Editor Says JPMorgan’s Cryptocurrency Will ‘Obliterate’ Ripple; is XRP in Trouble?On February 14, JPMorgan, the $340 billion banking giant, launched a stablecoin called JPM Coin. Industry experts foresee the stablecoin thrashing...
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Ontology (ONT) and Tezos (XTZ) Marking Highest Gains: About the CoinsIn just a couple of hours, the pair ONT/USD made it above the major $0.6000 level jumping from $0.5666 to $0.6218 counting 10.60% gain in the last...
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NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft ExecChinese blockchain platform NEO is opening new offices in Seattle, through which it hopes to break into the U.S. market
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Now Coinbase Users Can Transfer Bitcoin SV to External WalletsAccording to an official announcement published on February 14, 2019, the San Fransisco-headquartered digital currency exchange Coinbase is now...
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Will Bitcoin Block Size Reduction Argument Cause Another Crypto Conflict?Things have been busy in crypto land this week and the big debate over Bitcoin’s block size has only just been usurped by JP Morgan’s attempt to...
