Materials by tag Law

Sep 15, 2019 at 12:03
Banks in Russia Want Cryptocurrency Holders to be Identified
The Association of Banks of Russia (ADB) has created a decentralized cryptocurrency turnover concept, that suggests to deploy special programs to recognize the owners of digital currencies, according to Anatoly Kozlachkov, ADB vice president. The banks want to completely remove all kinds of obscurity in digital currency transactions and businesses, a thing that will make Bitcoin (BTC) possession facts and figures public.
May 18, 2019 at 14:19
Bahamas to Regulate Cryptocurrency and Token Sale
Bahamas plans to introduce strong regulations for token and cryptocurrency sales, intending to make the country a better place for digital currency and blockchain businesses. The Securities Commission officially filed a draft of the bill back in March seeking to regulate token offerings that are not considered securities.
May 18, 2019 at 12:43
Bitfinex to Have its Injunction Modified by Supreme Court
The New York (NY) Supreme Court will modify the injunction against cryptocurrency exchange Bitfinex because it is vague and unclear. The injunction against the company’s digital currency business, was obtained by NYAG. The court made a ruling that Tether should not loan cryptocurrencies to the exchange, unless it is a standard recognized way of doing its commercial activities.
May 07, 2019 at 14:03
Maryland to Enable Usage of Blockchain in Record Keeping
Recently, the Governor of Maryland, United States, Larry Hogan, officially signed a bill into law to amend the General Corporation Law of the state. Senate Bill 136 enables the industrial use of blockchain by private corporations to carry out proper and secure record keeping. The new amendments will come into force in October this year.
Mar 28, 2019 at 15:25
Smart Contract & Blockchain Legislation is Underway in Milan
Blockchain technology and cryptocurrencies including Bitcoin brought some awareness to people in Italy, of how this computer technology does not need large infrastructures like those of banks to operate or to be used. The technology depends on the sharing and distribution of data to ensure their immutability and to provide them in a particular sense of the official character.
Mar 06, 2019 at 16:39
Italy Delves into E-Voting Using Blockchain Tech
A lot of society’s resources have been spent to enable the voting process of civil rights. Italy alone spent over €389 million to conduct the 2013 parliamentary elections. It is now investing heavily to enable efficient blockchain-based e-voting in the future.
Mar 06, 2019 at 13:23
San Marino Legally Tests Blockchain & Cryptocurrency
San Marino, a country in Europe, located within the borders of Italy, issued the Delegated Decree n.37, dubbed "Rules on blockchain technology for businesses." The standard, inter alia, makes an interesting reconstruction of the marvel of cryptocurrencies, which are notably classified as utility (usage) tokens and investment (security) tokens.
Dec 23, 2018 at 10:00
Innovative Space: U.S Lawmakers File a Bill Seeking to Exempt Crypto Assets from Securities Laws
Two Congress members of the U.S. House of Representatives are now looking for ways of exempting cryptos and other digital assets from the federal standard securities laws. A bill was tabled before Congress on December 20, 2018.
Jul 30, 2018 at 10:43
Romania Targets Cryptos With New Electronic Money Law, A Draft Bill Published
Romania has become the most recent nation to institute a regulatory process explicitly aimed at digital currencies and cryptocurrencies. The Romanian ministry of finance officially published a draft of an Emergency Ordinance that clearly outlines the conditions and full requirements to be fulfilled as an issuer of electronic money in the country.
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