legal status – DIGIT INFO

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

DIGIT — Sun, 12 Jun 2022 06:30:22 +0000

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia Near 1,000 in 2021 Lawsuits related to cryptocurrency, […]

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Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent

DIGIT — Tue, 24 May 2022 17:30:55 +0000

The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have […]

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UK Court recognizes NFTs as ‘private property’ — What now?

DIGIT — Sun, 15 May 2022 07:04:41 +0000

Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.

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Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency

DIGIT — Wed, 14 Jul 2021 11:30:52 +0000

Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused on matters of financial supervision. Prosecutors and Professors Discuss Crypto Oversight in Shanghai Amid an […]

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SEC vs. Ripple: US Judge Orders Both Parties from the XRP Lawsuit to Hold a Discovery Conference

DIGIT — Fri, 26 Mar 2021 20:30:48 +0000

In a fresh twist to the Securities and Exchange Commission (SEC)’s fight against Ripple Labs, US judge Sarah Netburn has directed both parties to hold “a telephonic discovery conference on Tuesday, April 6, 2021.” The judge’s order directs the parties to discuss a motion to compel filed by Ripple’s lawyers. Motion to Compel On March […]

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Korean Presidential Committee Pushes to Legalize Crypto

DIGIT — Thu, 31 Oct 2019 15:30:17 +0000

A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes for Crypto Legalization […]

The post Korean Presidential Committee Pushes to Legalize Crypto appeared first on Bitcoin News.

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Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years

DIGIT — Sun, 28 Oct 2018 10:30:36 +0000

The government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the country’s economy. Also read: […]

The post Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years appeared first on Bitcoin News.

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