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Crypto is Property: Chinese Court Upholds Citizens Rights to Own Bitcoin

The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them.

Class Action Suits Launched Against Cryptocurrency Mining Investment Company

The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.

Malta Approves Favorable Cryptocurrency Bills in Next Step as a Blockchain Island

The bills-turned-law detail the regulation of ICOs and cryptocurrencies and the process for setting up crypto-based businesses in Malta. The developments make Malta the first country to enact such laws.

Hansa Market Taken Down in Global Law Enforcement Operation

Darknet marketplace Hansa was seized in a multi-agency investigation led by the FBI and the DEA with the support of Europol.

Making the Case for Bitcoin as Legal Property

As Bitcoin is adopted by more users every day, the need to determine how it can integrate into mainstream society becomes even more pressing....

Legal Field Embraces Promising Use Cases for Blockchain Tech

On April 7, attorneys and tech luminaries gathered at Vanderbilt University in Nashville, Tennessee, for “Blockchain and the Law,” a conference dedicated to the...

Op Ed: How Tokenization Is Putting Real-World Assets on Blockchains

Tokenization is the process of converting rights to an asset into a digital token on a blockchain. There is great interest by financial intermediaries...

Venezuela Seems to Be Cracking Down on Bitcoin

It appears that the Venezuelan authorities have had enough of Bitcoin. Over the past two weeks, police in the Latin American country arrested eight...

PBOC Meets With Leading Chinese Bitcoin Exchanges Amid Price Volatility

The People’s Bank of China (PBOC) initiated meetings this week with leading bitcoin exchanges in both Beijing and Shanghai. PBOC representatives in Beijing met...

European Banking Authority Proposes Virtual Currency-Specific Regulatory Body

The European Banking Authority (EBA) has advised that the European Commission establish a regulatory regime specific to virtual currencies such as bitcoin. Commenting on the commission’s proposal...
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