South Korean crypto exchange Bithumb has begun legal proceedings to recover 7 Bitcoin still missing from a payout error that saw 620,000 BTC mistakenly distributed during a promotional event in February. The exchange has …
Tag:
Legal
- Blockchain Research
Prediction Markets Are Testing Legal Limits in Strict Asian Markets
by adminby adminPrediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities. Asia represents a combination of scale, active retail participation and limited local alternatives, making it …
- NFT & Metaverse
Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review
by adminby adminIn brief City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves. The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use. Municipal finance rules …
SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans. As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing …
- Blockchain Research
Smart Legal Contracts and Computable Law: The Rise of Lex Cryptographia
by adminby adminThe digital transformation of the traditional legal systems is accelerating. Well, it is driven by the introduction of blockchain or Web3, the same technology that has revolutionized some major industries like finance and healthcare. …
A feud between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats, onchain accusations, and a reaction from Binance, all centering on about 286 million Fetch.ai (FET) tokens worth …
Kenya has passed a Virtual Asset Service Providers (VASP) law that fundamentally reshapes the regulatory landscape for digital assets in the country. In plain English: it doesn’t regulate Bitcoin the protocol or your private …
Bitcoin & Ethereum
The Legal Strategy Behind Crypto Exchange Backpack’s Token-to-Equity Program
by admin
by admin
In brief Backpack plans to offer equity to users that stake its upcoming token. But they will also need to become a VIP at the exchange, co-founder Can Sun said. The exchange is preparing …
NFT & Metaverse
Circle Updates Terms of Service to Allow ‘Legal’ Firearm Purchases With USDC
by admin
by admin
In brief Circle has updated policy on prohibition on firearms purchases following complaints from firearms industry advocates. Senator Bill Hagerty called the update a victory against “weaponization” of the financial system and chokepoint-style discrimination. …
