Crypto and Laws
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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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Reserve Bank of India Shelves State-Backed CryptocurrencyThe Reserve Bank of India has shelved its plan to launch a digital currency amidst increased government pressure and concerns around money...
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United States: Federal Appellate Court Rejects Suit to Hold Bank Liable for Soldier’s Death by Iranian Explosive in Iraq(Jan. 2, 2019) The US Court of Appeals for the Seventh Circuit recently affirmed a lower court’s decision to dismiss plaintiff Rhonda...
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India Stalls Cryptocurrency Regulations, Uncertainty ContinuesIndia’s government has continued its “undecided” stance on regulation around the cryptocurrency ecosystem. No timeline was promised by Pon...
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China: Rules on Tax Deduction for Elderly Support Released(Dec. 31, 2018) On December 22, 2018, the State Council of the People’s Republic of China (PRC or China) released the Interim Measures on...
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U.S. Federal Reserve Doesn’t Like the Idea of a Government CryptocurrencyThe Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped...
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Israel Establishes Interagency Team for Coordinating Regulation of Virtual Assets(Dec. 28, 2018) Israel’s central bank, the Bank of Israel, announced on December 18, 2018, the establishment of an interagency team for...
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Malawi: Parliament Passes Law Allowing Dual Citizenship(Dec. 27, 2018) On December 12, 2018, Malawi’s 193-member unicameral National Assembly reportedly passed the Malawi Citizenship Amendment...
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Japan: Basic Act on Cybersecurity Amended(Dec. 26, 2018) The Diet (Japan’s Parliament) recently passed a bill to amend the 2014 Basic Act on Cybersecurity. ( Act No. 91 of 2018 ,...
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UpBit Crypto Exchange Executives Indicted for Market ManipulationSouth Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal...
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South Africa: National Assembly Passes Copyright Amendment Bill, Adopts Expansive Fair Use Exception(Dec. 21, 2018) On December 5, 2018, South Africa’s National Assembly, one of the houses of the country’s bicameral legislature,...
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Congressmen Introduce Bill to Change Securities Definition to Exclude CryptocurrencyTwo congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax...
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China: Rail Passengers Refusing to Vacate Others’ Seats Punished by Administrative Detention(Dec. 20, 2018) On December 3, 2018, two rail passengers in China were reportedly punished by administrative detention after refusing to vacate...
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European Union: New Rules Prohibit Unjustified Geo-Blocking(Dec. 19, 2018) On December 3, 2018, new rules to prevent unjustified geo-blocking and other forms of discrimination based on nationality, place...
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Bitcoin Interest [BCI] lends a helping hand in the Venezuela crisisVenezuela's crisis going on since late 90's has reached catastrophic levels and worsened since the last 2 years.. The country is suffering from...
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Bitcoin (BTC) Market Cap Could Breach $1 Trillion During Next Bull RunBitcoin (BTC) At 13 Digits? Chris Burniske, a partner at Placeholder Ventures, recently remarked that when he recently looked at the...
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Stellar (XLM) Ecosystem Update For April 2019 Features Coinbase, IBM, Smartlands, BlockparkThe world 9th largest cryptocurrency by market cap, Stellar (XLM), seems to trading comparably to stablecoin in the market with 0% added value...
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Crypto Market Targets Fresh Highs: BNB Eyes $30, Bitcoin Cash, EOS, Tron AnalysisThe total crypto market cap is positioned for more gains above the $180.0B resistance. EOS price is consolidating gains near $5.50 and it...
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Waltonchain (WTC) Price Pumps 34% Ahead of Departure from EthereumWaltonchain’s native WTC token gained 34% in the seven days leading up to Saturday, April 20th, as the project gears up to leave the Ethereum...
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MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3%Token holders are now voting again on whether to raise the so-called stability fee for Maker’s ethereum-based DAI by 3%
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Streamex Platform Takes Crypto Trading to the Next LevelSince the collapse of the crypto market in early 2018, traders have been trying their best to be patient and wait for good opportunities....
