News about LEGAL

News about Legal

Mexico Set to Introduce Bitcoin Legal Tender Bill This Year

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Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes

Lord Fusitu’a, a former member of the Tongan parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan nobleman, Fusitu’a had previously disclosed the four-step plan, a copy of the Salvadoran Bitcoin playbook.Step one...

China’s Supreme Court adds digital currency to list of illegal fundraising methods

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...

Is Mexico the Next to Legalize Bitcoin? Senator Indira Kempis Drops a Hint

Mexican Senator Indira Kempis is set to send a bill to Congress which will seek to legalize Bitcoin () as a legal tender in the country, in a bid to trail El Salvador. As by online media "El Salvador in English", the Senator is determined to spons...

Mexican senator plans to propose a law that would make Bitcoin legal tender

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Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’

Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s example on Bitcoin.Indira Kempis, a senator represen...

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms

Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minti...

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

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El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender

El Salvador is leaping the dividends of making Bitcoin (BTC) legal tender, given that the nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021. Morena Valdez, the Minister of Tourism, stipulated th...

Ripple CEO Brad Garlinghouse Says the Truth Is Out After Legal Documents Get Unsealed in XRP Lawsuit

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Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments

Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time ce...

Facebook rejects legal claim it should be liable for cryptocurrency scam ads

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Why People Buy Their Own NFTs? Is It Wash Trading? Is It Illegal?

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Ripple Vs. SEC: XRP Showing Strength In The Legal Fight As New Evidence Arises

The returns on Ripple were promising in the past decade, but it largely missed out on significant crypto gains. However, it did succeed during the early parts of last year until April, when its value grew significantly higher than before, only to be...

SEC Makes ‘Big Blunder’ in XRP Lawsuit, According to Crypto Legal Expert Jeremy Hogan

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Democratic State Senators are introducing bills favorable to Bitcoin across the Country. This is the latest one from California trying to make Bitcoin legal tender:

Senator Sydney K. Kamlager represents the 30th Senate District, ranging from Century City to South Los Angeles and takes in Culver City, Cheviot Hills, Crenshaw District, University of Southern California, downtown Los Angeles, and a portion of Ingle...

The fact that both Russia and Ukraine, two countries that are inches from war with each other, have legalized crypto in the same month should grab the attention of American politicians.

The message is that "Decentralized cryptocurrency doesn't care about what is going on in or around your nation's borders." I'm sure I'm not alone in saying this, but the longer the American government resists the idea of em...

New bill could make bitcoin legal tender in California

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Ukraine Legalizes Bitcoin

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Ukraine Passes Law Legalizing Crypto as Threat of War Looms

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Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials

The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to seize the...

Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16

Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own b...

???????? #Ukraine Legalizes Crypto!

Ukrainian parliament approved a bill legalizing #cryptocurrency – new law “On Virtual Assets” brings #Bitcoin and other #cryptocurrencies out of the shadows, but doesn’t make #crypto legal tender. https://preview.redd.it/hzix74gprmi81.jpg?widt...

Ukraine Crypto: Lawmakers Legalize Cryptocurrencies As Fears Of Russian Attack Grow

Legislators have given their nod to the Ukraine crypto bill, making the use of crypto assets in the country easier as Ukraine teeters on the verge of a military confrontation with Russia. With 272 votes, the Ukrainian parliament gave its thumbs-up fo...

Ukraine already trades more crypto than fiat currency. Now assets like Bitcoin are officially legal

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