UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws. Go to Source
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SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, … Read more
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim. Go to Source Powered by WPeMatico
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have … Read more
UK Court recognizes NFTs as ‘private property’ — What now?
Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud. Go to Source Powered by WPeMatico
Russia’s Supreme Court Overturns Decision to Block Bitcoin Website
The Supreme Court of the Russian Federation has struck down the ban imposed on the Bitcoininfo.ru portal. The outlet is one several dozens of crypto-related websites that have been taken offline by the Russian authorities in the past few years. The decision sets a precedent which and is likely to determine the faith of many … Read more
Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”
A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban … Read more
