DAOs or decentralized autonomous organizations are managed by a computer program powered by the potential blockchain technology. These organizations are run by a group of individuals who collectively ...
Tag: Legal
Legal Scholars Push For Supreme Court Ethics Code As Gorsuch And Thomas Come Under Fire
Topline More than two dozen legal ethics scholars asked Supreme Court Chief Justice John Roberts Thursday to impose a code of conduct for the court’s judges, as the conservative-leaning court faces de...
India Will Never Accept Cryptocurrency As Legal Tender, Says Finance Secretary
India’s Finance Secretary T.V. Somanathan warned on Wednesday that private digital money will never be recognized as legal tender in the country. Only the Reserve Bank of India’s digital currency is r...
India Declares That Bitcoin Will Never Be Legal Tender In Its Country
The government of India has stated that cryptocurrencies will never be considered as legal tender. India’s finance secretary, T.V. Somanathan, clarified while speaking with Asia News International tod...
India’s Finance Secretary Says Crypto Will Never Be Legal Tender
Key Takeaways T.V. Somanathan, Finance Secretary of India, has said that crypto assets like BTC, ETH, and NFTs will never become legal tender. He also said that the Reserve Bank of India would never d...
Cryptocurrency Obtains Partial Legal Status In India But There’s A Darkside To It ⋆ ZyCrypto
Advertisement     India is beginning to warm up to cryptocurrencies as it has been given validity under the law. India’s new cryptocurrency rules put digital assets in...
Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary
T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibili...
Bitcoin and Ethereum Will Never Become Legal Tender in India, Says Finance Secretary
Alex Dovbnya India’s finance secretary has definitively rejected the idea of making Bitcoin and Ethereum legal tender India’s Finance, Secretary T. V. Somanathan, has dashed whatever slim ...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Regulation Bitcoin News
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...
El Salvador rejects IMF’s proposal to remove Bitcoin as a legal tender
TL/DR: Breakdown El Salvador Finance minister firmly dismissed IMFs bid to drop Bitcoin as a legal tender. The IMF stated that Bitcoin could cause financial instabillity, amongst others. El Salvador i...
Crypto Becomes Legal In India, Here’s All You Need To Know
The festival for crypto fans is finally coming to an end in India. India on Tuesday proposed the launching of the digital Rupee by next year. It also proposes a 30% income tax on earnings from the tra...
Crypto Now Legal in India, Here Are Tax Rates
Vladislav Sopov One more country established clear legal framework for digital assets operations and taxation Contents Crypto now regulated and taxed in India Community hails the proposal: “Yet ...
Unpacking Arizona's Bitcoin Legal Tender Proposal
This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at a proposal moving through Arizona’s state Senate to make bitcoin legal tender. He explores: T...
Arizona State Senator proposes the use of Bitcoin (BTC) as legal tender
The senator for Arizona, Wendy Rodgers, has introduced a bill that intends to make Bitcoin (BTC/USD) legal tender. While the state law could allow this, there could be major hurdles in the federal law...
India: Legal experts divided on pre-budget crypto-wishlist ahead of Union Budget
Previous reports have clarified that it is unlikely that a comprehensive crypto-bill will be introduced in the Parliament for the upcoming Budget Session on 1 February. However, the crypto-industry in...
Arizona State Senator Proposes a Bill to Make Bitcoin Legal Tender
A state senator has introduced a bill in Arizona that seeks to make bitcoin a legal tender. Although the US federal law doesn’t allow the states to create their currencies, the bill may spark an inter...
Arizona State Senator introduces bill to make Bitcoin a legal tender
Wendy Rogers, a Republican state senator recently introduced a bill regarding the adoption of Bitcoin as a legal tender in Arizona. The bill might face issues and barriers due to U.S. constitutional l...
Arizona introducing bill to accept Bitcoin as legal tender
TL;DR Breakdown A state senator introduces a bill to make Bitcoin a legal tender in Arizona. Federal law puts hurdles and complications in its passing. The US Constitution does not allow individual st...
Costs of Making Bitcoin Legal Tender Exceed Potential Benefits – Regulation Bitcoin News
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF...
State Senator Introduces Bill To Make Bitcoin (BTC) Legal Tender in Arizona
A Republican state senator wants to make Bitcoin (BTC) legal tender in Arizona. Arizona Sixth Legislative District Representative Wendy Rogers has introduced a flurry of crypto-related bills in the pa...
Arizona Senator Introduces Bill to Make Bitcoin Legal Tender
Sen. Wendy Rogers’ new proposal to institute Bitcoin as legal tender may be problematic, as the U.S. Constitution does not permit a state to create its own legal tender. Arizona State Senator Wendy Ro...
Newly Introduced Bill Would Make Arizona First-Ever U.S. State To Declare Bitcoin Legal Tender ⋆ ZyCrypto
Advertisement     A senator from Arizona has introduced a bill that would allow the state to adopt bitcoin as legal tender. The bill, if passed, would require citizens...
Bitcoin a legal tender in Arizona? Here’s why that will be a tough nut to crack
The oldest digital currency in the crypto market by Market Cap – Bitcoin, yet to become a legal tender in many countries. However, with the rising crypto market, smaller countries began to accept it ...
Did Arizona Introduce A Bill To Make Bitcoin Legal Tender? This Is What We Know
Big if true. Did Arizona one-up every other Bitcoiner state? A bill that seeks to make Bitcoin legal tender in the state is circulating through Twitter and Telegram groups. Doubt is still in the air, ...
Arizona Bill Aims to Make Bitcoin Legal Tender
Key Takeaways A bill recently put forward in Arizona aims to turn Bitcoin into a form of legal tender within the state. The bill is unlikely to succeed, as the U.S. constitution seemingly prevents sta...
Bitcoin May Soon Be A Legal Tender in Arizona
Bitcoin may soon become a legally recognized currency in a state within the US. Wendy Rogers, an Arizona state senator, has proposed a bill to make Bitcoin legal tender within the state. The bill, if ...
El Salvador’s President Responds to IMF After the Institution Advises Country To Drop Bitcoin As Legal Tender
President Nayib Bukele is responding to the International Monetary Fund’s (IMF) warning that El Salvador should remove the legal tender status of Bitcoin (BTC) with a meme. Back in September of last y...
Hermès NFT Lawsuit Against Mason Rothschild Will Be Legal Precedent
The beginning to what could be a long, drawn-out battle over Mason Rothschild’s ‘MetaBirkins’ NFT collection has attracted legal trouble by Hermès, the sole authorized distributor of BIRKIN, presentin...
El Salvador, the IMF against Bitcoin as legal currency
The International Monetary Fund (IMF) has urged El Salvador to remove the legal tender status for Bitcoin. The IMF’s analysis of El Salvador. The IMF conducted a consultation on El Salvador coming to ...
Drop bitcoin as legal tender, IMF tells El Salvador
The IMF is asking El Salvador to end the status of bitcoin as legitimate delicate BTC Price at the time of writing – $37,547.90 In September 2021, El Salvador turned into the primary country to take o...
Premier League And UEFA Seek Legal Advice Over Chelsea Legend’s NFT Collection
Chelsea legend John Terry looks to have landed in a soup after tweeting about a collection of NFTs that include images of the Premier League Trophies and UEFA’s Champions League And Europa League trop...
Turkey will not adopt Bitcoin as its legal currency
The meeting between El Salvador’s President Nayib Bukele and his Turkish counterpart Recep Erdogan made the crypto world dream. The most enthusiastic community imagined that the theme of the meeting w...