Tag: Legal

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. But their assertions are often inaccurate, particularly […]

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses […]

Venezuela Approves Law Granting Legal Effect to the Petro

Venezuela Approves Law Granting Legal Effect to the Petro A government plan to counter economic sanctions is coming into force in Venezuela after parliament passed a law on crypto asset regulation. The law, originally proposed by the country’s leader Nicolás Maduro, gives legal effect to the petro, Venezuela’s multi-asset-backed digital […]

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal

Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same […]

Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud

Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud Boxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back […]