Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition

Just recently news.Bitcoin.com reported on Ross Ulbricht being denied a post-conviction relief extension this past February. Since then Ulbricht’s new legal team and his family continue to fight for Ross’s freedom with a filed a Petition of Certiorari with the United States Supreme Court. Also read: BCH Miners Discuss Funding Development With a Fraction of Block … Read more

Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore

Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency … Read more

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

NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses

This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the … Read more

Indian Crypto Exchanges Strategize to Challenge RBI Crackdown

Indian crypto exchanges are devising strategies to challenge and respond to the Reserve Bank of India’s order to prohibit banks from servicing businesses dealing in cryptocurrencies. News.Bitcoin.com talked to Sathvik Vishwanath, CEO of a leading Indian exchange Unocoin, to find out more details. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Going International … Read more

Philippines Regulator Issues Warning to Cloud Mining Participants

This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Securities and Exchange … Read more

Pumpandumping ICOs? Watchout – Court Orders Telegram to Hand Russia Its Encryption Keys

Telegram has lost a court battle against handing its encryption keys to Russian security services. The messaging platform, which forms a pivotal network for the cryptocurrency community, has said it will appeal to the Supreme Court in a bid to prevent Russia obtaining the private data of millions of users. Also read: Some of Bitcoin’s Earliest … Read more

Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange

The Supreme Court of Israel issued a temporary injunction order on Monday forbidding Bank Leumi from sweepingly halting the account activity of the Bits of Gold bitcoin exchange. This is seen as a major victory in the Israeli cryptocurrency industry that will set a precedent for other bitcoin businesses struggling to get banking services. Also … Read more

Korean Supreme Court to Judge Whether Crypto Regulations Are Unconstitutional

The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Case Referred … Read more

Litigation Filed in India for Immediate Intervention of the Flow of Bitcoins

Litigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Litigation Seeks Immediate Intervention A public interest litigation (PIL) was filed with the … Read more