China’s Supreme Court adds digital currency to list of illegal fundraising me...
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public. China’s hardline policy on crypto took another turn on Thursday as the country’s Supreme Court revised its judicial interpretation for illegal fundraising to include digital currency transactions.The Chinese Supreme Court issued a revised version of its “Decision on Amending the Interpretation of the Supreme People’s Court on Several Issues Concerning the Specific Application of Law in the Trial of Criminal Cases of Illegal Fund Raising.”Just In: For the first....
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A US Supreme Court case has caught the interest of the crypto community, especially the XRP community, as it could significantly impact Ripple’s ongoing legal battle against the US Securities and Exchange Commission (SEC). The US Supreme Court is set to decide on whether or not to overrule the Chevron Deference Doctrine in the ongoing […]
BTC.ee owner Otto de Voogd has hit back at Estonian Supreme Court legislation calling it “heavy-handed” compared to normal fiat currency regulations. De Voogd, whose exchange was shut down by law enforcement in 2014, was facing legal action over AML practices while BTC.ee was still active. In a decision Monday, The Administrative Law Chamber of the....
Estonian Supreme Court has ordered bitcoin trading to be regulated in the region, failing Otto de Voogd's fight to create a better bitcoin ecosystem in the region. Trading has been one of the major applications of bitcoin. The price volatility of cryptocurrencies has been exploited by day-traders across the world. As the amount of funds circulating through bitcoin trading increase, the practice is now being scrutinized by governments. In this regard, Estonia has now joined the ranks of countries that are regulating bitcoin trading. The Estonian Supreme Court has recently ordered bitcoin....
The recent Supreme Court ruling requires the British government to get parliamentary approval before initiating the Brexit process, fintech industry faces uncertainty. Brexit is a crucial event for the fintech and blockchain sector. The post-Brexit world will decide the fate of the European Fintech ecosystem. But the separation of England from the European Union may not be happening anytime soon. According to reports, the English Supreme Court has ruled that the Prime Minister of Great Britain, Theresa May has to seek the approval of the parliament before setting the wheels of Brexit in....