Indian police in the state of Jammu and Kashmir have issued a public statement, warning against investing in cryptocurrencies. The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned… Continue reading Indian Police Warn Public Against Investing in Cryptocurrencies
Category: Law
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Iran Declares Telegram Crypto Aspirations an Act Against National Security
Iranian officials have declared any cooperation with Telegram to develop a cryptocurrency to be an act against national security. The Iranian government has taken further steps against Telegram’s cryptocurrency development, the Tehran Times reports Dec. 31. Secretary of the Criminal Content Definition Task Force Javad Javidnia has declared that any cooperation with the encrypted messaging… Continue reading Iran Declares Telegram Crypto Aspirations an Act Against National Security
Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week
Bitcoin Private confirmed the secret creation of an additional 2 million coins, and South Korea rules in favor of Bithumb in investor lawsuit. Top Stories This Week Nvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining Demand Graphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that… Continue reading Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week
Irish High Court Ruling ‘Breaks New Legal Ground,’ Reports Local Media
The Irish High Court has ruled that a convicted man’s crypto, which was discovered after the initial investigation and sentencing, could be confiscated as “proceeds of a crime.” Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported… Continue reading Irish High Court Ruling ‘Breaks New Legal Ground,’ Reports Local Media
Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep
A Barclays Intrapreneur said that blockchains should be built with regulatory compliance in mind during a recent industry event. A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains should be built with regulatory compliance in mind, tech news website The Next Web (TNW) reported Dec. 14. Speaking at a Hard Fork… Continue reading Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep
Europe Takes Serious Steps Towards Blockchain Adoption
After months of monitoring and observing the potential of blockchain, EU is finally making a turn into it After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018,… Continue reading Europe Takes Serious Steps Towards Blockchain Adoption
Four Vermont State Agencies Establish Blockchain Working Group
Four Vermont state agencies have launched a blockchain working group to learn more about the technology and its impact on the economy. Four agencies of the state government of Vermont in the United States have jointly formed a working group to study blockchain technology, according to an announcement published Dec. 10. The working group will… Continue reading Four Vermont State Agencies Establish Blockchain Working Group
Blockchain Policy Development in China Concentrated in Three Cities
One third of national blockchain-related policies in China have been made in three areas: Beijing, Shanghai and Guangzhou. Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related… Continue reading Blockchain Policy Development in China Concentrated in Three Cities
Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov.… Continue reading Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030
A new study from the WTO has analyzed the potential and possible impact of blockchain technology on international trade. The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030. “Blockchain… Continue reading Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030