The founders chose to withdraw a lawsuit; this leads the case to a settlement out of court. Initially, both investors asked for at least 500 million dollars from BitMex.
Cryptocurrency exchange BitMex receives...
The Korean Ministry of Economy and Finance announced an amendment to the law, which will legalize the trading of digital assets. They also contemplate a 20% tax on earnings from cryptocurrency trading.
In...
The price of XRP was up 39% after the announcement. Ripple claims that it is willing to collaborate with the new officers of the SEC.
Ripple published a statement on Tuesday
establishing its position...
When many people were getting ready to celebrate Holidays and say goodbye to 2020, the SEC made a few significant announcements that could affect its future work course.
On December 23, 2020, Chairman Jay Clayton...
On November 2nd, the SEC published an annual
report summarizing its enforcement
efforts taken during the fiscal year 2020.
Overall, in the fiscal year 2020, the
SEC brought 715 enforcement actions, including 405 standalone
actions. Cases included a variety...
This October
brought us some impressive law enforcement news
that shook the blockchain world. The most
notable were the cases brought by the Securities and Exchange Commission (SEC)
and the Internal Revenue Services (IRS) against John McAfee. Also, this month,
the SEC...
It would be illegal
to own, sell, issue, mine, and use cryptocurrencies, according to the draft bill.
It contemplates fines of INR 25 million (equivalent to USD 325,000) or
imprisonment for up to 10 years.
India...
Financial authorities seek to conduct an
organized and gradual exit of cryptocurrency mining. Cities like Ya'an and
Garze still encourage Bitcoin mining in their territory.
The Chinese province of Sichuan, the world capital of
Bitcoin mining,...
The notary assured that the Digital Blockchain Certificate will
serve to certify the signature on the Internet.
A
public notary in the Paraíba region of Brazil has decided to use blockchain
technology to establish a system...
Justin Sun pulled
some strings to take control of the Steem platform. Members of the STEEM
community decided to conduct a hard fork to detach themselves from Sun.
The CEO of the TRON Foundation, Justin
Sun,...
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