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A Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service … Read more
China’s Supreme Court has ruled that evidence authenticated with blockchain is legally binding, as part of newly clarified litigation procedures Go to Source Powered by WPeMatico
Bitcoin is many things to many people. To some, it is a peer-to-peer version of electronic cash, just as Satoshi intended. To others, it’s a store of value, while yet others see it as a system for remittance. When it comes to Bitcoin’s ledger – the blockchain – interpretations are equally divided. This presents a … Read more
A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign … Read more
IBM has partnered with the Australian government and legal experts to build a blockchain-based smart contracts platform for enterprises Go to Source Powered by WPeMatico
The California state legislature has passed a bill aiming to establish a blockchain working group to develop recommendations on the deployment of blockchain technology Go to Source Powered by WPeMatico
The NASAA’s probe into potentially fraudulent crypto investment programs, dubbed “Operation Cryptosweep,” has resulted in over 200 investigations Go to Source Powered by WPeMatico
The CFTC has won a court order to permanently ban New York-based firm CabbageTech Corp. for “fraud and misappropriation in connection with purchases and trading of BTC and LTC.” Go to Source Powered by WPeMatico
South Korea will launch the Blockchain Law Society this Friday to establish blockchain legislation and apply the technology across various fields of society Go to Source Powered by WPeMatico
In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U.S. SEC has warned consumers regarding the risks of self-directed Individual … Read more
