El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with m...
Tag: Legal
El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender
El Salvador is leaping the dividends of making Bitcoin (BTC) legal tender, given that the nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021. Moren...
Ripple CEO Brad Garlinghouse Says the Truth Is Out After Legal Documents Get Unsealed in XRP Lawsuit
Newly unsealed legal memos indicate Ripple sought legal opinions about XRP’s potential to be classified as a security as early as 2012. The U.S. Securities and Exchange Commission (SEC) sued the San F...
California Lawmaker Proposes New Bill to Adopt BTC as Legal Tender – crypto.news
On Feb 19, 2022, Political advisor Ian C.Calderon tweeted that he and BTC expert Dennis Porter were working on a Bipartisan legislature. He said he introduced a bill that seeks to make BTC a legal ten...
XRP Showing Strength In The Legal Fight As New Evidence Arises
The returns on Ripple were promising in the past decade, but it largely missed out on significant crypto gains. However, it did succeed during the early parts of last year until April, when its value ...
The dominoes are falling, California to considering Bitcoin as legal tender
Political advisor Ian Calderon and self-described Bitcoiner Dennis Porter are planning to introduce a bill making Bitcoin legal tender in the state of California. Together, @Dennis_Porter_ and I are w...
SEC Makes ‘Big Blunder’ in XRP Lawsuit, According to Crypto Legal Expert Jeremy Hogan
Attorney and crypto legal expert Jeremy Hogan says that the U.S. Securities and Exchange Commission (SEC) has made a big mistake in its lawsuit with Ripple Labs. The SEC sued Ripple Labs in December o...
“The Truth Is Out” — Ripple Looks To Net Groundbreaking Win Following The Unsealing Of 2012 Legal XRP Memos ⋆ ZyCrypto
Advertisement     Ripple chief executive Brad Garlinghouse claims the truth is now out after the court unsealed a pair of legal documents the blockchain-based payments...
Bitcoin important: California ready to make bitcoin legal money
California may make bitcoin legal money, according to a new measure submitted by political advisors. Bitcoin specialist Dennis Porter and political advisor Ian C. Calderon have collaborated on a new i...
Ripple CEO Claims “Truth” Is Out After Opening of 2012 Legal Documents: Details
Tomiwabold Olajide Brad Garlinghouse believes that the ”truth is out for everyone to read” after release of 2012 legal memos Ripple CEO Brad Garlinghouse believes that the ”truth is ...
Ripple CEO says legal memos prove XRP not a ‘security’; how accurate is it
In 2012, Ripple reached out to a legal company to get a review of its business model and obtain recommendations for reducing legal risks. After the company’s first analysis, Ripple went back to the dr...
Ripple Doesn’t Oppose Unsealing Legal Memos
Alex Dovbnya Legal memos, which are going to be unsealed today, could mark a pivotal moment in the Ripple v. SEC case Ripple co-founder Chris Larsen, one of the two individual defendants in the high-p...
Accepting Bitcoin for State Taxes Is Now Legal in Colorado
Governor Jared Polis anticipates that his state will embrace bitcoin and other cryptocurrencies for use in taxation by the summer. In an interview with CNBC on Tuesday, Colorado Governor Jared Polis i...
US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender – Bitcoin News
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money la...
How To Write Off Legal Fees On Your Taxes
Since 2018, it’s been tougher to deduct legal fees, and some plaintiffs in contingent fee cases are taxed on their gross recoveries, not net after legal fees. Some call it a new tax on legal settlemen...
India’s crypto tax provides little legal clarity for traders and exchanges
Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The propo...
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities – Regulation Bitcoin News
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorpora...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Coinotizia
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organi...
Freemoon Token Raises Funds To Support Julian Assange and Ross Ulbricht’s Legal Defense
Individual freedom is worth fighting for. Freemoon token was created to join the fight for freedom and help raise funds for the legal defenses of Julian Assange and Ross Ulbricht. These pioneers, who ...
Linqto Sells Out of Ripple Shares as Legal Case Develops
Key Takeaways Linqto, which sells shares of its own equity investments, sold out of Ripple shares yesterday, Feb. 14. Though more shares have been added, the news suggests that Ripple-related investme...
Marshall Islands officially recognizes DAOs as legal entities
The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed ...
Sanctions May Be The Driving Force For An Increased Number Of Countries Adopting Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     Bitcoin has come a long way from being a fringe asset to being adopted by an entire country. However, it still has a lot to do for nation-states to b...
Indian Parliament Member Clarifies Legal Status of Cryptocurrency – Regulation Bitcoin News
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status ...
OpenSea delists CryptoPunks V1: Legal dispute gets intense
The largest NFTs marketplace OpenSea has taken a controversial move as it delisted the CryptoPunks V1 project once again. The users often asked questions regarding the validity of the V1 projects; the...
Robinhood’s Legal Executive Touts Crypto Wallets
Alex Dovbnya Robinhood has already started gradually rolling out cryptocurrency wallets During a recent interview with Bloomberg, Robinhood Chief Legal Officer Dan Gallagher expressed great excitement...
Bitfury Group Appoints Jonathan Gould as Chief Legal Officer
Bitfury Group has announced the appointment of the former OCC Senior Deputy Comptroller, Jonathan Gould as the company’s new Chief Legal Officer. In this role, Gould is expected to manage the firm’s c...
The Determination Of Bitcoin As Legal Cryptocurrency
According to internet research and knowledge, Bitcoin is not illegal by Jurisdiction. However, some legislation and Jurisdiction like Argentina severely restricts the citizens from buying foreign curr...
End To SEC’s Stance In Legal Tussle Against Ripple? XRP Price To $2 Inevitable? – Coinpedia – Fintech & Cryptocurreny News Media
The world of cryptocurrencies has come across an overwhelming event, which was the dire need for the industry. The event comes as Ripple files its Sur-Reply to the SEC’s motion to strike the fair not...
CryptoPunks v1 Delisted By OpenSea As Legal Battle Heats Up
OpenSea, the world’s largest NFT marketplace, has delisted CryptoPunks V1 due to a legal dispute with Larva Labs. The 10K collectibles, which are breathtakingly similar to the renowned CryptoPunks NFT...
Ripple soars 25% as uncertainty over legal ambiguity fades
TL;DR Breakdown XRP is up about 25% owing to developments in Ripple’s SEC case. The Securities and Exchange Commission’s lawsuit with Ripple has been ongoing since late 2020. Several documents have b...
Arkansas Cop Who Threatened To Tase An Innocent Mom Faces New Legal Challenge
An Arkansas police officer who received legal immunity after holding two innocent boys at gunpoint and pulling a Taser on their mother when she tried to deescalate the situation now faces a new legal ...