4 Court Cases Helping Shape the US Stance on Bitcoin
While the bitcoin economy is currently backed by $284m in venture capital and has a growing band of high-profile supporters, it still operates in a regulatory grey area in its largest market. Unsurprisingly, just how the US will and should choose to regulate the digital currency is the subject of a continuing debate throughout all sectors of the ecosystem. But, while the media focuses largely on policymakers like those currently making waves in New York, the country's courts may yet prove to have a deciding influence on the legal future of bitcoin. Earlier this month Trendon Shavers made....
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The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional justice, as far as protection of human rights is concerned, will be increasingly influenced by the emergence of a new generation of rights, Valery Zorkin, chairman of the Constitutional Court of Russia has acknowledged.....
The world of finance already seems to evolve at a slow pace, yet some countries manage to come up new ideas that make the situation even worse than before. Recently the Belgian Court of Cassation has decided to let the Department of Finance use any evidence in court, even if it has been obtained through “dubious” activities. When governmental bodies and departments start blurring the lines between what is morally correct, and what is an outright breach of privacy, things take a turn for the worse. The main issue most people have with the ruling by the Belgian Court of Cassation is how it....
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