Norwegian Court Rules Nordea Bank Can Close Account of Crypto Exchange

Norwegian Court Rules Nordea Bank Can Close Account of Crypto ExchangeA Norwegian district court has ruled in favor of Norway’s largest bank against a local cryptocurrency exchange. The court says the bank has full rights to close the account of the exchange, citing money laundering risks and criminal activities associated with bitcoin trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Ruled in […]

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Russia’s Supreme Court Overturns Decision to Block Bitcoin Website

Russia’s Supreme Court Overturns Decision to Block a Bitcoin WebsiteThe Supreme Court of the Russian Federation has struck down the ban imposed on the Bitcoininfo.ru portal. The outlet is one several dozens of crypto-related websites that have been taken offline by the Russian authorities in the past few years. The decision sets a precedent which and is likely to determine the faith of many […]

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South Korean Court Rules Bitcoin Has Economic Value

South Korean Court Rules Bitcoin Has Economic ValueA South Korean court has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of 191 bitcoins. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin’s Status Re-Examined The Suwon District Court […]

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