Merit Circle Ltd is a firm that launched the Merit Circle DAO to assist gamers interested in play-to-earn games by lending goods from its treasury and providing instructive content. Originally, the DA...
Tag: Legal
Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets
While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adopti...
White House Attorney Told Trump’s Legal Advisor To Get ‘Great F’ing Criminal Defense Lawyer’ After Jan. 6
Topline A former White House lawyer fed up with Trump legal advisor John Eastman’s push to overturn the results of the 2020 election advised Eastman to “get a great f’ing criminal de...
Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action – Bitcoin News
Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have rep...
TRM Labs head of legal: The crypto bill is only the beginning of regulation
Ari Redbord, who’s in charge of legal and government affairs at TRM Labs, told CNBC’s Squawk Box in an interview that the bipartisan crypto bill in the US Senate, unveiled last week, was the “first at...
Biden Advocates More Legal Pathways To Reduce Illegal Immigration
President Joe Biden speaks during opening ceremony of the the 9th Summit of the Americas at the Los … [+] Angeles Convention Center in Los Angeles, California, on June 8, 2022. (Photo by JIM WAT...
Report: ‘Digital currency will become legal tender in the next…’
Crypto adoption across the world is growing at a much faster pace. New data suggested four in five American retail organizations are expecting digital currency payments in the next five years. They al...
Jamaica Pioneers CBDC As Legal Tender
The Bank of Jamaica (BoJ), the country’s central bank, has officially recognized its “Jam-Dex” central bank digital currency (CBDC) as legal tender, the first country to do so, along...
Legal troubles mount for Terraform Labs as Seoul police investigate
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities. The latest investigation revolves around the alle...
Jamaica Becomes World’s First Country to Issue CBDC Legal Tender
The CBDC is now expected to reduce the difficulties that come with Jamaica’s predominantly cash-based economy. The Central Bank of Jamaica has officially legalized the “Jam-Dex” central bank digital c...
AI Ethics And Legal AI Are Flustered By Deceptive Pretenses Known As AI Ethics-Washing Which Are False Claims Of Adhering To Ethical AI, Including For Autonomous Self-Driving Cars
AI Ethics washing is getting worse and worse, entailing falsehoods and deceptions about claims of … [+] abiding by AI Ethics precepts. getty Let’s explore the myriad of ways that the words “wash...
Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years
? Want to work with us? CryptoSlate is hiring for a handful of positions! A new Deloitte survey has revealed that US retailers believe that crypto adoption among businesses will rise to a new high as ...
Jamaica, in a historic move, makes its CBDC a legal tender
Jamaica has become the first country to offer a CBDC legal tender in an attempt to provide a difference in a cash-rich environment — and help the unbanked. Jamaica’s parliament passed legislation rend...
Terra Legal battlefront in The US: Do Kwon And Terraform Labs Ordered To Heed SEC Subpoenas
– Advertisement – A US Court has ordered Terra’s Do Kwon and Terraform Labs to comply with subpoenas issued by SEC. Terra’s founder, Do Kwon, and his company, Terraform Labs, are still i...
Grayscale Taps Top Former Obama’s Lawyer in Preparation for Spot BTC ETF Legal Battle
Grayscale Investments LLC has hired Donald B. Verrilli Jr to enhance its legal team, who was a solicitor general under the Obama administration from 2011 to 2016. The United States Securities and Exch...
SEC Made a ‘Big Mistake’ That Will Come Back To Haunt Them in XRP Lawsuit, Says Legal Expert Jeremy Hogan
The U.S. Securities and Exchange Commission (SEC) is erring in their XRP lawsuit against Ripple, according to crypto legal expert Jeremy Hogan. Recent squabbles in the lawsuit have centered around doc...
Grayscale hires Obama’s former Supreme Court lawyer for legal push against SEC
Grayscale, a leading crypto asset manager, has retained a heavy hitter from the Obama-era Department of Justice. The new legal counsel, Donald B. Verrilli Jr., was the solicitor general under Presiden...
Epic Games CEO Threatens Fortnite Token Team Legal Actions
Epic Games CEO stated categorically that there is nothing like a Fortnite cryptocurrency. Epic Games CEO Tim Sweeney has confirmed that their team is not behind the Fortnite token (FNT). The world’s m...
Grayscale Legal Team Strengthens As Top Lawyer Under Obama Administration Verrilli Joins Them
The legal team of Grayscale Investments LLC welcomes Donald B. Verrilli Jr, an American lawyer who has worked under the Obama Administration. The on-boarding of Verrilli comes as Grayscale conti...
Outgoing French Lawmaker Calls for Fossil-Based Crypto Mining Ban, DAO Legal Status
“In 2018, no one could have foreseen the developments in a sector that only let us see on the surface simple promises on projects that were often shaky,” he said, calling for a “paradigm evolution” to...
Gemini’s Legal Troubles Continue With New IRA Lawsuit
After the CFTC, the Gemini Trust Co. has now been sued by the IRA over the former’s failure to prevent a hack that resulted in pension fund losses amounting to $36 million. IRA Sues Gemini The crypto ...
Grayscale Bolsters Legal Team With Former Obama Aide Ahead of Spot Bitcoin ETF Decision
“It’s paramount that Grayscale has the strongest legal minds working on our application to convert GBTC to an ETF, and we are thrilled that Verrilli will join our outstanding legal team,” a Gray...
Inside Elon Musk’s legal strategy for ditching his Twitter deal — Quartz
Elon Musk has buyer’s remorse. On April 25, the billionaire Tesla and SpaceX CEO agreed to buy Twitter for $44 billion, but since then the stock market has tanked. Twitter agreed to sell to Musk at $5...
Paradigm poaches Brex’s top lawyer as its chief legal officer
Crypto investment firm Paradigm has hired crypto and fintech legal veteran Katie Biber as its chief legal officer. Biber, who was tapped by Paradigm from credit card startup Brex, previously served as...
Will Dogecoin become legal tender in California?
Timothy Ursich, a chiropractor and sports medicine specialist, is running for election to the US Senate in the state of California. In a recent tweet, he proposed making Dogecoin a legal tender in his...
Paradigm Welcomes Romney Presidential Campaign Alum As New Legal Head
Crypto VC firm Paradigm has recently added Katie Biber to its team as the new chief legal officer. She is now confident that today’s builders will democratize finance, create a more equitable in...
SEC legal action over BNB token prompts fears over which altcoin is next
? Want to work with us? CryptoSlate is hiring for a handful of positions! The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017,...
One Year On! El Salvador Marks Bitcoin Legal Tender Anniversary
Today makes it a year since El Salvador publicly revealed plans to adopt bitcoin as legal tender. On June 06, 2021, the president of El Salvador, Nayib Bukele, announced that a Bitcoin bill would be s...
Johnny Depp Can Write Off Legal Fees, Amber Heard Can’t, Here’s Why
Talk about a doubly whammy. After the $10,350,000 verdict she owes Depp, Amber Heard’s lawyer says the actress can’t pay Depp the whopping verdict the court says she owes him. Add to that ...
Gemini Crypto Exchange Caught In Legal Crosshairs Yet Again
Just three days after facing legal action from Commodity Futures Trading Commission (CFTC), another Gemini lawsuit is here again. This time, IRA, a platform for self-directed retirement and pension ac...