Search Results for "legal victory"
Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume
Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.
China’s Central Bank Accelerates R&D of its Legal Digital Currency
People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.
Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature
Researchers in Japan have been looking into a blockchain-based mechanism to settle legal disputes in a “digital court,” aiming to perform legal actions with a more cost-efficient legal process.
How the New Crypto Law in India Could Play Out
After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.
Chinese Smart Courts Leveraging Blockchain and AI
Smart courts in China are reportedly leveraging a range of innovative technologies to settle legal cases. The online judiciary courts utilize big data, cloud computing, artificial intelligence, and blockchain.
More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges
$400 million have been withdrawn from Bitmex in less than 24 hours after the US CFTC filed a legal enforcement action against the exchange’s owners.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal
Coinbase proudly announced in a July 8 blog post that a new addition will be made to the crypto exchange’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will be joining the ranks of the digital currency exchange.
MoneyGram Puts Ripple Partnership on Hold Due to SEC Lawsuit
MoneyGram has announced that it will be temporarily suspending the use of XRP and taking a step back from its partnership with Ripple Labs, in light of the fintech firm's legal battle with the SEC.
Tokyo District Court Ordered Japan’s First Bitcoin Seizure
The Tokyo District Court has set a legal precedent for the cryptocurrency industry in Japan, by issuing the first Bitcoin seizure.