Latest News on LAW

Asia

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.

Sarah Tran

Jul 10, 2020

| 2 Min Read

#CHINA #BLOCKCHAIN #TECHNOLOGY #SHANGHAI #COURT #LAW #COURT REFORM

Legal

Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”

A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.

Shine Li

Jul 02, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #LAW #CIVIL LAW #RUSSIA #CRIME #FRAUD #FINANCE

Regulation

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

Lucas Cacioli

Jun 24, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #SEC #UNITED STATES #REGULATION #FINES #LAW #GOVERNMENT

Legal

Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty

The $25 million 2017 Centra Tech ICO court case has finally resulted in a verdict against one of the co-founders who pleaded guilty to fraud yesterday. The other founders are still awaiting trial.

Lucas Cacioli

Jun 17, 2020

| 3 Min Read

#ICO #CENTRA TECH #FLOYD MAYWEATHER #TMT #DJ KHALED #FARKAS #FRAUD #SECURITIES #SEC #REGULATION #LAW

Industry

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

Nicholas Otieno

May 06, 2020

| 3 Min Read

#TELEGRAM #US #INVESTORS #TELEGRAM OPEN NETWORK #TON #GRAM #TOKEN #SEC #US #LAW

Industry

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

Nicholas Otieno

Apr 23, 2020

| 3 Min Read

#RIPPLE #YOUTUBE #LAWSUIT #CRYPTOCURRENCY INVESTMENT #SCAM #LAW #FRAUD #XRP

Research

Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis

Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.

Nicholas Otieno

Apr 22, 2020

| 3 Min Read

#OXFORD #LAW #RESEARCH #CRYPTOCURRENCY #MARKETS #REGULATION #FINANCIAL CRISIS #INVESTMENT

Analysis

How Does Cryptocurrency Regulation News Affect the Bitcoin Price? Bank Of International Settlements Research Reveals

New research conducted on behalf of the Bank for International Settlements indicates that contrary to popular belief, the Bitcoin price and other cryptocurrency prices respond very positively to news of coming regulations,when they are clear.

Lucas Cacioli

Apr 20, 2020

| 2 Min Read

#BIS #FED #BITCOIN NEWS #BITCOIN PRICE #BITCOIN NEWS #GOVERNMENT #LAW #ECONOMICS #BUSINESS

Regulation

What are the New Amendments in Japan’s Crypto Laws to be Enforced Next Month?

Japan will be enforcing new cryptocurrency-related regulations in May, as two of the pieces of legislation were passed by the Japanese House of Representatives last year. The Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) were originally scheduled to come into effect in April, however, there has been a delay and the final enforcement date has been officially pushed to May.

Sarah Tran

Apr 06, 2020

| 2 Min Read

#JAPAN #BLOCKCHAIN #CRYPTO #REGULATION #LAW

Regulation

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

Lucas Cacioli

Mar 26, 2020

| 3 Min Read

#BLOCKCHAIN #LAW #SEC #TELEGRAM #UNITED STATES #COURT #ICO #TON #REGULATION NEWS #HOWEY TEST

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