News about LEGAL

News about Legal

Horowitz: South Dakota and other red states are about to ban Bitcoin as legal money and grease the skids for CBDC

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FTX Japan Users Withdraw Funds Amidst Legal Battle

FTX Japan users have begun withdrawing all their funds after the slowdown in fund withdrawals due to Binance liquidating its FTX Token (FTT) holdings. While FTX Japan resumed withdrawals on Feb. 21, the legal battle with Sam Bankman-Fried (SBF) conti...

The metaverse is testing the limits of what is legally possible

While digital events and spaces have become increasingly common over the last few years, is digital reality the right place for all types of gatherings, such as court proceedings?...

Ripple Chief Legal Officer Says Summary Judgement Is "Expected Any Day Now"

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Ripple Will Appeal Immediately If It Loses To SEC, Chief Legal Officer Says

Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, has revealed in a new interview that the fintech company will immediately appeal if judge Analisa Torres grants summary judgment in favor of the US Securities and Exchange Commission (SEC...

US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’

Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called...

Binance a 'Hotbed of Illegal Financial Activity,' Senators Claim: WSJ

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Cryptocurrencies such as Bitcoin cannot attain the legal status of a payment instrument: IMF

The road to Bitcoin becoming an official legal payment instrument has been full of failures. Organizations such as the International Monetary Fund (IMF) explained their stance in their latest report. "No" to BTC as a legal payment ins...

A Colombian court recently hosted its first legal trial in the metaverse

The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call." (Read More)

Crypto Assets like Bitcoin (BTC) Cannot Be Legal Tender: IMF - BeInCrypto

Crypto Assets like Bitcoin (BTC) Cannot Be Legal Tender: IMF& & BeInCrypto

????BREAKING: New law makes it ILLEGAL to hold NFTs (not a joke)

Have you heard the news? New Jersey is considering a bill that could make it illegal to sell NFTs without a license. The Digital Asset and Blockchain Technology Act proposes to prohibit engaging in digital asset business activities without being lice...

Bankman-Fried charged with hundreds of illegal campaign donations

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Colombia’s legal system experiments in the metaverse: Report

Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse. A Colombian court rece...

Go on, tell me how bitcoin is used for illegal activity

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Gary Gensler interview NYMag: Everything other than bitcoin... is a security: foundation set up in tax haven offshore, lawyers for complex & legally opaque mechanisms, well-resource crypto lobby promoting tokens & enticing public with profits.

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Bitcoin tumbles 3%, and IMF warns against making crypto legal tender - CNBC

Bitcoin tumbles 3%, and IMF warns against making crypto legal tender& & CNBC

How the IMF over-exploits developing nations, and why El Salvador adopting Bitcoin as Legal Tender might help to break this cycle in the future

This is somewhat of a long essay. A TL;DR is at the end. It is known to everyone that the International Monetary Fund (IMF), as well as the World Bank, lends money to developing nations. It turns out that the interest these nations pay does not...

IMF warns countries not to adopt cryptocurrencies as legal tender after fresh warning from US regulators

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IMF says no crypto as legal tender; community disagrees - Cointelegraph

IMF says no crypto as legal tender; community disagrees& & Cointelegraph

IMF says no crypto as legal tender — Community disagrees

A community member believes that the space will look back to this moment once it succeeds in making the world decentralized. The International Monetary Fund (IMF) rece...

IMF Provides Guidance On Crypto Policies, Says Crypto Assets Should Not Be Legal Tender

The International Monetary Fund (IMF) has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies. According to a press release on Thursday, Feb. 23, the IMF says this policy a...

Emojis count as financial advice and have legal consequences, judge rules

Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis. A United States District Court judge for the Southern District o...

IMF unveils crypto plan, advising against legal tender status

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KYC exchanges that don't ask for KYC until after you deposit. Is this even legal?

Buddy of mine had been using an exchange for about 2 months before they locked his withdrawals and asked for KYC. Only deposited once and had been swingtrading. The amount was about ~2grand (small amount for him). When he went to withdraw the withdra...

???????????? Emojis Now Considered Financial Advice: SEC New law regarding them and Legal Consequences for people that use them

Recently, the US Securities and Exchange Commission (SEC) issued a new law on the use of certain emojis in financial discussions related to cryptocurrency. Specifically, the use of ????, ????, and ???? emojis is now considered as financial advice and...

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