Search Results for "property rights"
Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope
Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.
China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat
China has not always been friendly towards cryptocurrencies, however, the country has not completely banned Bitcoin, according to the Beijing Arbitration Commission.
UK Court Recognized Cryptocurrency as Property in Freezing Order
In a property ownership tussle, UK high court found itself in the second attempt to recognize cryptocurrency as property. This time round, the court imposed a freezing order to crypto firm directors who failed to prove that they were not owners of the disputed cryptocurrencies.
Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement
Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.
Chinese Courts Deploy Blockchain-Powered Electronic Door Seals for Enhanced Property Security
Chinese courts have gone a notch higher by adopting blockchain-based door seals that will optimize property security by enabling real-time video surveillance and a sophisticated alarm system. This move is intended to eradicate the conventional paper seals, which are not tamper-proof.
How Blockchain Can Uphold Creators' Rights and Copyright Law
Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.
China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency
At the Thirteenth National People’s Congress held in Beijing China, the parliament passed a new civil code that protects the civil rights of inheritance, marriage, property, personality, and contract infringement. According to Lixin Yang, a professor at Renmin University of China, the civil code states that “When a natural person dies, the legacy is the personal legal property left by she/he.” Personal legal property in this case also means “internet property” including virtual currencies. Chinese citizens will be able to leave their cryptocurrency and virtual assets to their heirs, coming into effect on January 1, 2021.
Aave Makes History as Core Developers Transfer Governance to Token Holders
DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.
Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios
The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.