News about LEGAL

News about Legal

When will Binance legally be able to obtain a licence to operate in the UK and Malaysia?

When? submitted by /u/Inevitable_Ant7347 [link] [comments]

UK-based independent legal team to tackle international crypto disputes

The CFAAR network hosts practitioners who have experience in handling some of the early crypto-related disputes in the British court system. Crypto experts across the...

Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditi...

I registered Binance outside of the US, and I moved to the US and it says this on my app. Is it illegal for me to use Binance.com in the US?

submitted by /u/Brief-Caregiver6929 [link] [comments]

New Bill in Ukraine Would Legalize Crypto and Protect Owners of Digital Assets

submitted by /u/Bossman01 [link] [comments]

New Draft Law in Uruguay Could Legalize Crypto as Payment Method

A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduc...

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what ru...

Uruguay senator proposes bill to classify Bitcoin and other cryptos as 'legal tender'

submitted by /u/pepperonimilkjuice5 [link] [comments]

Uruguay is considering a bill to make #Bitcoin legal tender! Another one…

Uruguay is considering a bill to make #Bitcoin???? legal tender! Another one… ???? submitted by /u/OlgaSokolova85 [link] [comments]

Uruguayan lawmaker, presented by ruling party senator Juan Sartori, proposes bill to treat crypto as legal tender. If successful, only 193 countries are left.

submitted by /u/Rainmakerman [link] [comments]

How Bitcoin became El Salvador's legal currency

12 years after it was first introduced as an alternate and experimental currency in 2009, Bitcoin became the legal tender of the Central American nation, El Salvador. On June 9, 2021, the El Salvador Congress approved President Nayib Bukele’s propos...

Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador

Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of A...

IMF Blog: Adopting Bitcoin As Legal Tender "A Step Too Far"

submitted by /u/Bitcoin_is_plan_A [link] [comments]

Most people don't understand why the Wyoming DAO Law is so huge, so I cut this 1-minute clip explaining it. Basically, it allows DAOs to go and do any off-chain activities they want, such as buying properties, hiring people, signing legal documents, etc.

submitted by /u/carloscancab [link] [comments]

Malaysia Launches Enforcement Action Against ‘Illegally Operating’ Binance

submitted by /u/TobiHovey [link] [comments]

Malaysia enforcement now banning Binance for operating illegally.

submitted by /u/iamaDeeer [link] [comments]

Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally

Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act...

Planning to do an online shop selling legal goods, but planning to accept only crypto. What do you think? (Very important)

Read the title submitted by /u/insanetrader5 [link] [comments]

IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender

The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in...

I keep hearing (uneducated) people say crypto is mainly used for illicit activities and it should therefore be boycotted. But they forget that the same cash they use is the main choice for funding illegal activities.

I just read an article about bitcoin in a local newspaper. While the newspaper itself was very critical towards bitcoin, the comments were nearly unanimous. „Bitcoin is mainly used for money laundering“, „Crypto is a safe haven for illicit activity“...

Nonfungible tokens from a legal perspective

Nonfungible tokens under the juridical and legal perspective are still in evolution, and there are more questions than answers. A nonfungible token (NFT) can be both a...

Binance was my best and only means of trading in the U.K. I’m being blocked from investing in something and feels like what they’re doing should be illegal

I’m relatively new to cryptocurrency but I understand it’s potential as a catalyst for change in the future and despite the crash, have broken even. Meanwhile I’m getting multiple emails from my bank reminding me of the risk of investing and now the...

I live in the United States and invested in a BSC project that proved to be a rug pull and left 2000+ investors with their funds deemed worthless. What can I do from a legal standpoint?

I've researched the project and it seemed safe from a rug pull perspective - However, it turned out to be a scam. My first one in the space. Definitely not a great decision on my end to invest, but what can I now do from a legal standpoint? I hav...

Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm

A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground cryp...

Malaysia is literally crushing thousands of illegal Bitcoin miners

It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia...

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