The Securities Clarity Act Is Simple and Logical (and Bad News for Lawyers Li...

Lawyers and bitcoin groups in Australia are joining those in other countries in calling for greater clarity on bitcoin regulation, allowing clearer direction for both businesses and consumers on how to conduct their affairs in a digital currency economy. Bitcoin now backs a business ecosystem into which hundreds of millions of investment dollars are pouring. No longer just a hobby for programmers and political activists, the fledgling industry is in need of more established structures to support those investments. There is a growing argument for such structures: lawyers in Poland this week....

In recent events, the loans taken from Alameda Research have been scrutinized, with lawyers representing Sam Bankman-Fried, also known as SBF, seeking clarity from FTX co-founder Gary Wang. SBF Lawyers Into The Loan’s Legalities Sam Bankman-Fried, the founder of the now-defunct FTX exchange, seems to be in a tangle over the loans given out by […]

The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with a paper certificate. Legal Clarity According to a report, the paper certificate can now be “replaced with an entry in a central securities depository or a register kept by private-sector banks.” The report also speculates that this means “an entry in a crypto securities register....

For many involved in the world of crytocurrencies, their use is as simple as handing over cash to pay for groceries in the supermarket. But do you ever wonder whether awareness of bitcoin is reaching the rest of the population? The digital currency has featured heavily in the news over recent months, thanks largely to its astonishing price spikes and more recently with the news of Mt. Gox's likely insolvency, so it would be fair to assume most people have heard of bitcoin and have some idea about how to use it, right? It seems not. A new survey conducted in the UK by communications agency....

Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the firm's CEO.On Dec. 2, Ripple CEO Brad Garlinghouse sat for an interview with CNN anchor Julia Chatterley to discuss Ripple’s regulatory hurdles in operating in the U.S.According to Garlinghouse, as much as 95% of the San Francisco-based company’s customers are located abroad. He....