federal law
US States Challenge CBDC as Legal Tender
Four U.S. states - Utah, South Carolina, South Dakota, and Tennessee - have filed bills to exclude Central Bank Digital Currencies (CBDCs) from their legal definitions of money, reflecting rising state-level resistance and concerns over privacy and federal overreach.
US Federal Court Defines Bitcoin As Money
A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).
Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.
Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy
Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.
NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court
The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.
US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers
The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.
Switzerland Begins Consultation Before Finalizing its Proposed Blockchain Law Amendments
Switzerland announced it has initiated a consultation process ahead of its plans to effect amendments in its extant laws to accommodate blockchain technology
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.
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
Women Taking on the Mantle of Leadership in Blockchain and Crypto Law
Women cryptocurrency and blockchain lawyers are taking the helm in several major law firms as they are leading blockchain practice groups in at least a half-dozen reputable law firms, such as McDermott Will & Emery, Morrison & Foerster, and Goodwin Procter.
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.
Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions
The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.
China Gears Up for its Digital Currency and Implements New Crypto Law
As a part of its plans for releasing its central bank digital currency (CBDC) soon, China has implemented a law to govern cryptographic password management.