Tag: Supreme Court

A New Bitcoin World

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and PropertyA phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by […]

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December 26, 2019 0

Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account

Israeli Supreme Court Prevents Bank From Closing Account of Crypto ExchangeIn February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. Also Read: Community Funding and Bringing Smart Contracts to BCH […]

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June 3, 2019 0

Venezuela’s Supreme Court Orders Payment in National Cryptocurrency

Venezuela's Supreme Court Orders Payment in National CryptocurrencyVenezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Venezuela’s Supreme Court Recognizes Petro The […]

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November 6, 2018 0

Major Indian Exchange Unocoin Launching Crypto ATMs

Major Indian Exchange Unocoin Launching Crypto ATMsA major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto […]

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October 10, 2018 0